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Yep. live thru that myself - never got laid of in either the 2008 or 2000 busts, but I know a lot of folks in tech and finance (especially) that it took them ye
by ejb999 4y ago
Yep. live thru that myself - never got laid of in either the 2008 or 2000 busts, but I know a lot of folks in tech and finance (especially) that it took them years to find anything close to comparable once they were let go.
I am not yet convinced we are not heading there again.
- ghaff 4y agoI got laid off right after 9/11 and I was lucky enough to get an offer from the CEO at a very small company who I knew from prior work--and didn't get so much as a nibble anywhere else. Never earned as much as my relatively modest comp of the prior decade. Then 2008 rolled around and that didn't seem the best time to be beating the bushes for something else. But finally landed something new with someone else I knew in 2010 and that set me up pretty reasonably.
- latchkey 4y agoI even remember the 1998 'crash'. I am convinced we are heading there again, but in much slower motion. It may never hit rock bottom, but we are definitely not in a bullish market at this point.