2 ms·
I entered the workforce full-time in 2007 so, yes. At my first company I was a Jr. Developer on a doomed project and was let got after my probation period of 3(
by redisman 7y ago
I entered the workforce full-time in 2007 so, yes. At my first company I was a Jr. Developer on a doomed project and was let got after my probation period of 3( or 4?) months. The rest of the team was let go a few months later. I had just moved out of my parents place so making rent was pretty stressful. Thankfully the market hadn't crashed yet so hiring was decent in my area.
At the end of my next job 1.5 years later. The financial crisis was in full-swing. We had a few rounds of layoffs, which was a scary and depressing experience. Compared to my first layoffs where it was just a quick matter-of-fact meeting with my manager, this time layoffs were announced and then we were left to stew about it for weeks. Our team made it for a few more months of uncertainty until the investors pulled out and the whole company went down immediately.
I have not had experiences like that since 2008-2009. With the next recession, I and many others who have actually worked their whole careers in a bull market will get a taste of some pain again.