mich5481
Pearl Clutcher
Posts: 2,752 
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Post by mich5481 on Dec 5, 2023 0:39:10 GMT
I found out today that my position (along with a couple others) is being eliminated. They are going to repost the role, at a higher level (and salary), and I am eligible to apply for it. I am also meeting with an internal recruiter to see if jobs in other parts of the company are an option.
My last day is scheduled for 1/3/24. I'll get 2 weeks severance, and my insurance is good through the end of January. My company's insurance year ends June 1st, and I have met both my deductible and out of pocket max for the year. I have $2400 in my FSA and about $1,000 in my HSA.
Besides seeing all of the doctors, figuring out a way to spend $2,400 in FSA money, and updating my LinkedIn, what else should I do?
I have to keep this confidential until it is announced to my team, so I can't post on my LinkedIn or Facebook yet.
I'm still in shock and I'm really angry to be quite honest.
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Post by Zee on Dec 5, 2023 1:45:53 GMT
Are you going to apply for the new position? Do you want to stay with the company? The same thing happened to me but it was assumed I would want the new position and I was encouraged to apply by my director.
I thought about it very carefully and decided to go ahead. I didn't have any real doubts I would be promoted so I didn't bother to do anything other than update my resume.
If you're not going to want to stay there, it's never too soon to start reaching out to new places. I'm sorry, I know this is difficult!
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Post by librarylady on Dec 5, 2023 3:02:48 GMT
Nothing like bringing joy to the season, huh? (sarcasm)
If you want to stay, of course apply. If not, get the resume' ready and make quiet inquiries with friends. Do it in the same way you might if you had decided to leave but had not yet resigned.
Best wishes for whatever choice you make.
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Post by getting started on Dec 5, 2023 3:10:17 GMT
It's time to prep your resume. Doing this will make you think about all the awesome things you've done and will build your confidence. Then you start applying for jobs that are 1. outside the company 2. the changed role inside the company and 3. other roles at the same company.
Applying for roles outside really expands your thinking about what's possible, where you might go, and what you might do.
And after doing that, you'll look at your company differently. And if you decide you want to stay there I'm sure you'll speak with greater confidence as a result of the work you've done to prep for those other outside roles.
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Post by mom on Dec 5, 2023 3:33:04 GMT
No advice, but I hope things work out for you!
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Post by malibou on Dec 5, 2023 9:56:56 GMT
Hoping that a good nights sleep will help you to see the path you want to take and that the path is perfect for you.
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Post by mikklynn on Dec 5, 2023 12:35:37 GMT
I'd start applying outside of your company. You'll see what the salary and benefit packages look like elsewhere. Even if your hope is to land the higher level position at your own company, you lose nothing by looking at what else is out there.
I'm so sorry this is happening to you.
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Post by kristi521 on Dec 5, 2023 13:54:52 GMT
As others have said, it would be a good idea to make sure your resume is up to date. Remember as you are updating it, don't just put out bullet points of what you did in each role, help them understand what you can do for them using the PAR method:
- Problem - What was the issue at hand/that you were trying to solve
- Action - What steps did you take to resolve the problem
- Results - What happened, preferably making it quantifiable
Example - Created new hire training program which resulted in 20 % reduction of attrition in first quarter
I would also recommend networking with former co-workers that have gone outside the company. So much of this job market is helped by getting your foot in the door through an introduction/referral from someone already at the company.
My job was eliminated in 2022, after 23 years with the company. I had almost a full month to find another job within the company, but I decided to look elsewhere. I have been in my new role/new company for just over a year now and I am so glad it worked out the way it did, as scary as it was at the time.
Best of luck to you!
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Post by Spongemom Scrappants on Dec 5, 2023 15:30:58 GMT
While it seems like a lousy thing to have happened, it may end up resulting in a better job with higher pay. Fingers crossed for you that it all works out really well.
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hutchfan
Drama Llama
Posts: 6,597
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Post by hutchfan on Dec 5, 2023 16:44:54 GMT
Hugs and hoping things go the way you want!
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bethany102399
Pearl Clutcher
Posts: 3,660
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Post by bethany102399 on Dec 5, 2023 23:57:44 GMT
A similar thing happened to me in August, though without the opportunity to apply elsewhere, it was thanks here's the door after a little over 19 years of service.
I would decide if you want to stay on for the higher position, if you do go for it. If you don't be prepared for a whole new world of job hunting.
One of the best things I did was have a resume writer talk to me and pull together my resume. It had been 20+ years since I had mine done and AI has changed the game in terms of recruitment. You have to have enough key words on your resume to get past the AI, if you do that you have between 3 and 5 seconds to impress the recruiter. THEN you get in front of the people who will actually hire you to work in their department. it's both depressing and scary.
I will also say, it has not all been bad. I have the luxury of having a nice settlement from my previous employer and have taken the time to talk to a career counselor really defining what it is I want to do. I also read Arnold Schwarzenegger's book "be useful" and have taken his advice on creating a vision of what my next position will look like. Once you have the vision you can approach opportunities by saying how does this fit? Another way to think of it is establish goals for what this next step looks like, now how does the new position fit with achieving those goals?
Finally, I made a list of things I wanted to accomplish while I was home. Things like what do we need to do to use the other side of the garage? straightening out the mess that is my craft closet, set up a better cleaning routine (that last one has not worked but I do keep trying).
give yourself time to grieve, anger is normal. Then look for the next opportunity it may be where you are now or it may be somewhere totally new. Be curious about what that looks like.
Just my .02 as someone in month 3 of unemployment.
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scrappinmama
Drama Llama
Posts: 5,120
Jun 26, 2014 12:54:09 GMT
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Post by scrappinmama on Dec 6, 2023 0:34:41 GMT
I'm so sorry. That really stinks. There is a special place in hell for companies that do this around the holidays. Get your resume updated. If you decide to apply for that position, I would not put all of your eggs in one basket. Start looking elsewhere as well. Wish you all the best and hope you find something fast! Something even better than what you currently have.
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mich5481
Pearl Clutcher
Posts: 2,752
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Post by mich5481 on Dec 8, 2023 1:41:52 GMT
Thank you all for your support and advice!
I'm sorry I haven't responded sooner, I've still been coming to terms with it.
I met with one person in our company, but unfortunately her team doesn't have any openings in the near future.
I met with one of our internal recruiters today, and she asked for my resume. She was going to reach out to another recruiter within our company to see if there are any upcoming postings, but there aren't really any at the moment. There is a list though of approved positions that this second recruiter has access to, and I'm hoping there's a job on the list that I would be perfect for!
The upgraded version of my job has not been posted yet - it's awaiting final approval. I've learned there will only be 1 opening, despite 2 of us being let go from this position. I have a strong feeling my coworker will get it, as she is local and the head of our team seems to like her better.
Tomorrow will be difficult, as they will be discussing the staffing changes during our weekly team meeting. Since they just mentioned the position category being eliminated in the announcement email, and not our actual names, some of our team members don't know who is being laid off. The people I have spoken with are all really upset - and I think a couple of them are upset enough that this would be a contributing factor for their departure from the company.
The company offers 30 days of service from an outplacement firm. Apparently the 30 day clock starts when I contact them. I'm trying to figure out when I want to do that, because I don't want to waste days between Christmas and New Year's.
I posted on Facebook, and a couple people have reached out with job leads.
I've started updating my LinkedIn and made myself available to recruiters, but I haven't posted yet on there.
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