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Lisa M.'s avatar

If we're honest, we have to admit: The downsizing had to be done this way. Probationary hires cut first. Others cut in large swaths so that no one could complain s/he was being cut because of skin color, sexual preference, age, or sex ("gender"). Is it impersonal? Yes, because of the large numbers. Is it unfair? No. Their severance is more generous than most private sector layoffs.

My husband was a VP at a Fortune 500 company. In 2018, when the new CEO came in, Hubby lost his seat in the corporate game of Musical Chairs. He took the elevator down to the corporate basement, relegated to lead a new, small ($50M) acquisition that was a disruptor -- entirely internet-based. He learned a new IT-based language. His corporate avatar was Kenny from South Park (because he felt like he got killed every day at work, and always came back the next morning). He was literally the only person in the office over the age of 45. His gray hair was an anomaly.

When Covid hit (two years into Hubby's tenure), his rag-tag group far outpaced its corporate owner -- tripled its sales and its profits. This garnered the CEO's attention. He called my husband and told him that Corporate was going to integrate Hubby's group -- and Hubby would be out of a job. But first, Hubby was told, he would have to usher his people through the integration process. So Hubby worked for a year, helping his group get integrated -- then he was handed a retirement package, at age 60.

My point? Life's not fair. Corporate life is even un-fair-er. But those sour lemons make great lemonade: A year after the forced retirement, Hubby started a consulting business; and three months after that, a corporate competitor offered him a VP position. He now spends his days working to build and improve his current employer's business -- which will take a chunk out of his former employer's business and profits. He had planned to retire at age 65, but he's having so much fun now, that he has changed that to 67.

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Byron pikula's avatar

In 1998 ,I as well as 300 fellow employees lost our jobs in the private sector due to a company buyout.

At age 43 I was forced to leave my home town, moving 600 miles to remain in my field of work.

Yes it was difficult at the time. However looking back, it was the most fortunate event of my life.

Through the move I saved my marriage, prospered both financially and physically and most fortunately found Jesus Christ.

Accept the change and get on with your life.

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