Once you've been laid off for the first time you soon learn to be prepared. Once you've been laid off 2-3 times in your career your entire perspective on work

Once you've been laid off for the first time you soon learn to be prepared. Once you've been laid off 2-3 times in your career your entire perspective on work will change. The last time I got laid off I had a settlement payment of one years pay, some of which was tax free, it took me 4 months to find a new job, and it resulted in a pay rise. I was lucky... I have a friend who had unstable employment for 2 years after his layoff. I was anxious as fuck for the whole time and felt like an absolute failure. As a result of that experience, I have carefully piled up enough liquid savings and investments to pay my living expenses for many years without working, with ~2-3 years worth sat in cash equivalents. Anyone in tech following the 3-6 months savings advice is living on the edge.