Eduardo Noriega was laid off by Microsoft after 17 years of employment. Job security concerns prompted him to start a side business while still working, which he considered one of the best decisions of his career. He realized that job security was an illusion during the Great Recession when Microsoft announced layoffs. Noriega's preparation allowed him to have a financial backup during his job transition, as many tech employees struggle with layoffs and slow hiring within the industry.
"When I saw the layoff, I realized that job security isn't real," said the 51-year-old. After weighing his options, Noriega concluded that his best shot at financial stability was building a business he could rely on if he ever lost his job at Microsoft.
"I decided not to put all my eggs in the career promotion basket, but to try to build something on my own," he said. "That's where I put a good deal of my eggs, and that's what paid off once I was laid off."
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