Join Early Retirement Today
View Poll Results: How many times have you or your SO been laid off?
Never, neither of us has ever been laid off 47 40.17%
Once 39 33.33%
Twice 14 11.97%
Three or more times 17 14.53%
Voters: 117. You may not vote on this poll

Thread Tools Search this Thread Display Modes
Have you or your SO ever been laid off?
Old 11-11-2008, 01:02 PM   #1
Full time employment: Posting here.
ProspectiveBum's Avatar
Join Date: Sep 2006
Location: SoCal
Posts: 629
Have you or your SO ever been laid off?

With all the talk about the coming recession, downsizing, etc., I wonder how many of us have been laid off in our career? DW and I have been fortunate to have avoided layoffs thus far, but we're still young.

Edit: For those who have been laid off, and then went back to work, it'd be interesting to know how long it took to find another job.

I can't complain, but sometimes I still do.
- Joe Walsh
ProspectiveBum is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 11-11-2008, 01:14 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 8,968
I was laid off once in the '70s. It took about 4 months to find another job. DH was laid off once in 1986. It took him three months to get another job. It would have probably taken longer, but he went through a head-hunter agency.

There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 11-11-2008, 01:31 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,324
1969 - will the last person leaving Seattle please turn out the lights. Anyone remember that one. Kobe Japan (sister city) was sending Care packages - the local Council of Churches soup kitchens were feeding 78,000 people a week. Took 6 weeks to land another aerospace job in Denver on Sky Lab. In 68 I was working the never to be built American SST which Congress canceled.

1992 (jan 1, 1993) - one of the many cutbacks(lower launch rate after Challenger) in Space Shuttle. That one was good thru today - although I did go back as a jobshopper twice - a tad over a year total time which cured me of the work idea - just working for large amounts of money sucks.

heh heh heh -
unclemick is offline   Reply With Quote
Old 11-11-2008, 01:35 PM   #4
Thinks s/he gets paid by the post
Goonie's Avatar
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,181
I was fortunate to never have had to deal with being laid off. Worked part-time/temporary for the municipal gov't during HS, then got hired full-time the Monday after HS graduation. FIRE'd from there in April '07 after 30+ years. BIL and SIL have both dealt with layoffs several times...they both usually found another job fairly quickly, like in a matter of a few weeks or less.
Goonie is offline   Reply With Quote
Old 11-11-2008, 01:38 PM   #5
ziggy29's Avatar
Join Date: Oct 2005
Location: Texas
Posts: 15,419
No, neither of us yet. But my wife is desperately selling her soul looking for a modest job with at least mediocre benefits in case it happens to me. The problem is that she put the job search on hold for most of this year thinking she had a good in with a job she'd really like to have (complete with county employee benefits). By the time that didn't happen and they hired someone else into it, it was August and the job market was on the verge of becoming a big fat zero...
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
ziggy29 is offline   Reply With Quote
Old 11-11-2008, 01:39 PM   #6
Thinks s/he gets paid by the post
Join Date: Oct 2005
Posts: 1,631
No, but I was fired a couple of times in my youth. Once from Tastee Freeze when I was 17. Don't ask. And the other time from an accounting assistant position. Numbers have never been my friends.
Oldbabe is offline   Reply With Quote
Old 11-11-2008, 02:19 PM   #7
Thinks s/he gets paid by the post
kyounge1956's Avatar
Join Date: Sep 2008
Posts: 2,172
I was laid off from two jobs, both in the early 1980's. I was then working in Landscape Architecture, which is what I got my college degree in. I don't remember how long it took me to find a stop-gap job. I worked temporary assignments and eventually a part time job in a fabric store to keep the wolf away from the door. My next full-time job was on a land surveying crew with local government. I have been working for the City ever since (24 years next January), although I am no longer on the survey crew.

You could say I never got re-hired—I've never worked as a Landscape Architect again. There were a few LA positions that opened up during my early years with the City but they were all bond funded and would have evaporated after three years, so I didn't even apply for them.
kyounge1956 is offline   Reply With Quote
Old 11-11-2008, 02:22 PM   #8
Full time employment: Posting here.
hankster's Avatar
Join Date: Jan 2008
Posts: 609
I was laid off from a tractor manufacturing plant one week before our wedding. The show still went on and the marriage is going strong 31 years later

I found a crappy job two weeks later just to put food on the table(barely)

1977 ended with my starting what turned out to be a lifelong career. I decided to get into the manufacturing of something that's always in demand - electric power. Let's see 'em outsource THAT to India
"There is no dignity quite so impressive, and no independence quite so important, as living within your means." Calvin Coolidge
hankster is offline   Reply With Quote
Old 11-11-2008, 02:48 PM   #9
Thinks s/he gets paid by the post
OAG's Avatar
Join Date: Jun 2006
Location: Central, Ohio, USA
Posts: 2,594
I was was not but DW was, once, but she decided to RE at that point, and I agreed, she had only taken the job to feed 4 Teenagers while we were living in the Washington DC area back in the mid to late 70's through the late 80's.
Vietnam Veteran, CW4 USA, Retired 1979
OAG is offline   Reply With Quote
Old 11-11-2008, 03:35 PM   #10
Moderator Emeritus
Khan's Avatar
Join Date: Aug 2006
Location: Pine Island, Florida
Posts: 6,804
Send a message via AIM to Khan
Me: never

Previous SO: once, when restaurant closed
"Knowin' no one nowhere's gonna miss us when we're gone..."
Khan is offline   Reply With Quote
Old 11-11-2008, 03:45 PM   #11
Full time employment: Posting here.
tangomonster's Avatar
Join Date: Mar 2006
Posts: 756
My husband was laid off from his pharmaceutical rep job about fifteen years ago (company was bought by another). He tried in vain to get another pharm job, but to no avail even though he had fifteen years of experience and a grad science degree. The pharmaceutical companies preferred young women who had just graduated from college, without necessarily even a science degree or sales experience----their looks and perkiness were more important (it has now been documented that pharm companies are recruiting from the cheerleading squad! ).

Although I am currently furious at my husband that he wouldn't bail out of the stock market when I wanted to (August to October 2007), I do have to admit that he didn't stand on ceremony like some other people who hold out for better jobs that more closely approximate what they last had. He saw that he wasn't going to be hired for pharm sales and took an inside customer service job that paid 60% less and confined him to a cubicle, when he was used to the freedom of outside sales.

And although we had planned to FIRE at 57, we actually did it at 52, so all wasn't lost (sure did miss the company car, though!).
“It is not a sign of good health to be well adjusted to a sick society”.------Krishnamurti
tangomonster is offline   Reply With Quote
Old 11-11-2008, 03:55 PM   #12
Recycles dryer sheets
Join Date: Nov 2006
Posts: 86
Would have said never but husband was just reallocated (laid off) yesterday from a big Pharma IT position.
sweetana3 is offline   Reply With Quote
Old 11-11-2008, 04:07 PM   #13
Full time employment: Posting here.
tangomonster's Avatar
Join Date: Mar 2006
Posts: 756
Sweetana, is that the new word---reallocated? So what is he allocated to maybe these companies need to spend more time figuring out how to run them well than coming up with euphemisms for being laid off!

Last I heard the term was "right sized." Also knew the term "made redundant" from watching British TV shows.

I'm very sorry for you and your husband. Will he at least get a good severance package? And how do his job prospects look?
“It is not a sign of good health to be well adjusted to a sick society”.------Krishnamurti
tangomonster is offline   Reply With Quote
Old 11-11-2008, 04:19 PM   #14
Walt34's Avatar
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 14,102
DW was "downsized" twice. First time was from a defense contractor that made guided missile navigation stuff where she did bookkeeping/accounting work. She then got a job about a month later with an engineering company doing much the same thing but left that when the accountant who hired her quit because the company wanted him to do accounting stuff that would have cost him his CPA had it been discovered.

She then got a job with the FDA and left there after 8 years when we moved. When she finishes her BA next spring she intends to look for a job then.
I heard the call to do nothing. So I answered it.
Walt34 is online now   Reply With Quote
Old 11-11-2008, 04:20 PM   #15
Recycles dryer sheets
Join Date: Aug 2007
Posts: 400
Yes, got laid off from one of the airlines in '94. It was probably the best thing that ever happened to me since it gave me the freedom to try contract work and I doubled my income within 2-3 months. I've done contract work ever since then. I'd probably still be working today if I hadn't gotten laid off back then.
DallasGuy is offline   Reply With Quote
Old 11-11-2008, 04:27 PM   #16
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
freebird5825's Avatar
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,019
Once, in the early years after college graduation. i worked for a small software company for 1 year, had just completed a huge project with a very happy customer, and got laid off for New Years'.
it was completely out of the blue. it turns out i was scheduled for replacement when they hired a new guy, who I trained. i was making a whole $5 per hour in 1980, so it wasn't about money. the whole thing just floored me. i never figured out what happened. and they never told me.
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
freebird5825 is offline   Reply With Quote
Old 11-11-2008, 04:29 PM   #17
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 11,440
I forgot one and voted wrong...

Got laid off a crap job at a discount store when 17, but that does not count..

Worked 4 years at a big 8 firm and was told to go looking... I did not follow the leader and did not want to change... found a job the day they 'laid' me off...

Got laid off when the bank I worked failed... was going to be hired by the new bank, but they screwed up and I got laid off... then they backdated my start date at the new bank so I was OK...

Laid off earlier this year from that bank after 15 years... some young 'management consultant' was hired in to manage the group and did not like the 'old' people around... slowly has gotten rid of most and I heard she got rid of two more with their last day the day after Christmas... seems she did not like some of us saying that her plans to change would not work... that we had tried it a couple of times and IT WOULD NOT WORK... well, new young people with no experience are working their tails off and for some reason...... can not get it to work

So, I voted two, but I would say really three.... but only one time did I get unemployment...
Texas Proud is offline   Reply With Quote
Working in a cyclical changing industry, many times
Old 11-11-2008, 04:41 PM   #18
Recycles dryer sheets
aenlighten's Avatar
Join Date: Apr 2007
Posts: 275
Working in a cyclical changing industry, many times

Increasingly so later in my career. During industry meltdowns (2), company liquidations (2), and recessions (2). Once I took a contracting job after not finding anything for 6 months. The last time I would no longer accept contract work and never did find anything. Eventually you end up in the position of accepting a 30% or more cut and decide it simply isn't worth the bother.
aenlighten is offline   Reply With Quote
Old 11-11-2008, 05:24 PM   #19
Moderator Emeritus
Join Date: May 2007
Posts: 10,693
I was laid off in 2002 (company liquidation after venture capital dried up). It took me 4 months to find another job (though it wasn't as well paid as the job I had lost). My wife has never been laid off. In 2005 her company was on shaky grounds financially so she decided to be proactive and found a new job just weeks before the company failed.
42 y/o, married, retirement portfolio = 43 x annual expenses
FIREd is offline   Reply With Quote
Old 11-11-2008, 05:42 PM   #20
Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
Once really early in my career. I was so young thought it was great to get unemployment Went to the bar had a great a new job worked out great.

Notmuchlonger is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Hi, I'm 61 and getting laid off hpbob Hi, I am... 18 11-30-2007 08:10 PM
One way to get laid off In-control Hi, I am... 2 11-01-2007 12:21 PM
Best Laid Plans boont Life after FIRE 4 11-24-2006 12:57 PM
Laid off recursive Young Dreamers 1 04-26-2005 03:00 AM
Got laid off today ...... opportunity to RE? Dante 60093 FIRE and Money 39 08-12-2004 07:50 AM


All times are GMT -6. The time now is 01:50 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.