"I started at Oracle inJanuary 2020as a site reliability engineer. In November 2023, I started hearing that my Oracle coworkers were getting pulled into Zoom meetings and told they had been laid off. I hoped I wouldn't be next, but I was. My entire team was let go."
"I didn't start looking for work right away because I'd received some severance pay, and I'd heard it was difficult to land a tech role during the holiday season. I took some time to reassess what I wanted from my career and began my job search in February 2024. I was optimistic at first because most of my prior job searches hadn't taken too long. As the months dragged on, it became clear I had the wrong impression of the tech hiring landscape. More than two years after being laid off, I'm still unemployed."
"When I was let go from Oracle, my severance, unemployment benefits, and my emergency fund helped for a while. After going through more than $50,000 in savings,I'm now in a tougher position. I earn between $500 and $1,000 a month by reselling antiques I find and refurbish, including old instruments, electronics, and collectibles that I purchase on Facebook Marketplace and Craigslist. It's a huge drop from the roughly $5,500 a month I used to take home at Oracle."
Clair Todd began at Oracle in January 2020 and was laid off in November 2023 when her entire team was let go. Severance, unemployment benefits, and an emergency fund sustained her briefly, but more than $50,000 in savings has been spent. She began an active job search in February 2024 and found hiring in tech slower than expected, leaving her unemployed more than two years after the layoff. She now earns $500–$1,000 monthly reselling and refurbishing antiques, which is far below her prior $5,500 monthly take-home pay, while managing a mortgage and about $45,000 in student debt.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]