Timely article…I was just let go on Monday after the company suddenly restructured. No notice and barely any severance. This after they aggressively recruited me only a year ago.
The reality is companies are infected with rampant short term thinking. There is no long term strategy anymore - just hopes and prayers that they can sustain dubious business models on a quarter by quarter basis and continue to fool boards and investors until the founders & executives can cash out. Worst behavior I’ve seen since the original dot.com bubble in 2001.
The ability to fire at will is a cancer upon the workforce. With unions virtually non existent anymore everyone is a free agent now. Companies don’t even need a pretense to fire you now. You’re just a number on a spreadsheet to them.
I’m lucky though as even though I’m still pissed at being unceremoniously dumped, I already have 7 interviews lined up - a few with competitors. The job market in certain sectors is still red hot so I’m hoping this is all just a blessing in disguise.
