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Started By
Message
I'm about to get RIF'd and I couldn't be happier
Posted on 3/24/17 at 9:13 pm
Posted on 3/24/17 at 9:13 pm
This post is a dear diary post. You were warned!
The company I work for is about to do a major RIF with me included and I am honestly happy about it. I am 40 years old, wife, kids, new home with no other job prospects and it feels pretty good. I work in IT Sales at a Director level position and I look forward to less stressful days and less bullshite. For instance I sat in a meeting today where I was beat up for wanting to include profit margin in a consulting proposal. The powers that be just couldn't understand that you can't sustain a company if all of your proposals are at -150% margin. Hahahahaha. I guess we know the reason a major RIF is happening!
I see the writing on the wall and I couldn't care less. I am not really motivated to look for another job in my field either.
I may be having a midlife crisis but for some reason I am not stressed and look forward to being unemployed.
The company I work for is about to do a major RIF with me included and I am honestly happy about it. I am 40 years old, wife, kids, new home with no other job prospects and it feels pretty good. I work in IT Sales at a Director level position and I look forward to less stressful days and less bullshite. For instance I sat in a meeting today where I was beat up for wanting to include profit margin in a consulting proposal. The powers that be just couldn't understand that you can't sustain a company if all of your proposals are at -150% margin. Hahahahaha. I guess we know the reason a major RIF is happening!
I see the writing on the wall and I couldn't care less. I am not really motivated to look for another job in my field either.
I may be having a midlife crisis but for some reason I am not stressed and look forward to being unemployed.
This post was edited on 3/24/17 at 10:04 pm
9
Posted on 3/24/17 at 9:32 pm to lsufanintexas
What is your buy out in the Reduction In Force?
Posted on 3/24/17 at 9:37 pm to crazycubes
Who knows but at a minimum one months severance based upon my original employment agreement.
I have been doing some startup advisory lately on my own and man that's fun. The energy these young entrepreneurs have makes me feel alive again.
I have been doing some startup advisory lately on my own and man that's fun. The energy these young entrepreneurs have makes me feel alive again.
Posted on 3/24/17 at 9:52 pm to lsufanintexas
quote:
I could care less.
couldn't care less
Posted on 3/24/17 at 10:19 pm to Fat Bastard
Petty
Posted on 3/24/17 at 10:51 pm to lsufanintexas
I'm on my phone and cant see where you live in Texas - how do you feel about consulting?
We're always hiring but you may be on the road M-Th.
We're always hiring but you may be on the road M-Th.
Posted on 3/24/17 at 11:01 pm to Larry Gooseman
Larry, I'm in Dallas. Don't mind consulting at all but it depends on what it is. At the very least I am happy to chat.
Posted on 3/25/17 at 1:42 am to lsufanintexas
What industry do you work in currently?
Posted on 3/25/17 at 8:14 am to lsufanintexas
One month severance with nothing lined up. So... I assume you are going to blow through a bunch of your emergency-fund? Or, do you think you will find a new job rather quickly?
Posted on 3/25/17 at 8:24 am to lsufanintexas
Fine and dandy for now but reality will set in during the middle of your severance. Eventually you will Need a plan B & C to take care of the family.
Posted on 3/25/17 at 10:04 am to LSUFanHouston
I wouldn't worry yourselves about that. :)
Posted on 3/25/17 at 11:12 am to lsufanintexas
"I wouldn't worry yourselves about that. :)"
What does that mean?
What does that mean?
Posted on 3/25/17 at 12:19 pm to ItzMe1972
His father-in-law is rich?
Posted on 3/25/17 at 4:53 pm to Mr. Elvert
No it means I can retire right now comfortably but we also have two years of emergency funds saved up. My original post was to be cathartic for myself. Had a stressful day and needed somewhere to vent. Was on the train so I couldn't yell at strangers so this place was next best thing.
Probably should get this thread deleted since it was a pointless post by myself.
Probably should get this thread deleted since it was a pointless post by myself.
Posted on 3/25/17 at 6:49 pm to lsufanintexas
So you can retire comfortably at 40, have 2yrs of emergency funds but waited to get laid off from a job you seem to hate with a passion?????
Posted on 3/26/17 at 4:36 pm to lsufanintexas
My company just RIF a few jobs in my area and they all got 2 weeks pay for every year of service. One guy had ~25 years. I was upset for him until I found that out.
Posted on 3/26/17 at 4:51 pm to lsufanintexas
quote:
I see the writing on the wall and I couldn't care less. I am not really motivated to look for another job in my field either.
I may be having a midlife crisis but for some reason I am not stressed and look forward to being unemployed.
quote:
I am 40 years old, wife, kids, new home with no other job prospects and it feels pretty good.
If any of ya'll were curious to see what corporate burnout looks like.....there ya go.
This post was edited on 3/27/17 at 5:22 am
Posted on 3/27/17 at 4:25 pm to Tactical Insertion
quote:
My company just RIF a few jobs in my area and they all got 2 weeks pay for every year of service. One guy had ~25 years. I was upset for him until I found that out.
There's usually a limit on # of weeks they'll pay out. My company (a Fortune 100) has a max, I think it's 10 weeks but could be a little longer.
Posted on 3/27/17 at 7:31 pm to runforrestrun
(no message)
This post was edited on 8/22/17 at 2:35 am
Posted on 3/27/17 at 7:52 pm to lsufanintexas
-150% margin? How is that even possible
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