The Magic 8 Ball says…

I consulted the Magic 8 Ball today, and it said ‘all signs point to yes’. Well, it was correct. I got laid off today. Really no surprise given the market.

The good part is that I had time to prepare myself. Wen my boss emailed me asking me to clear my schedule 30 minutes before my work day ends…I kinda got a hollow/sick feelings in my stomach. Then, when I voiced my concerns over the email to my co-workers they disclosed that a Fedex came on Friday from our HR company with my name in the subject line. They were going to put it on my desk, then decided to let my boss know. Both bosses work off site, so one came into the office to retrieve it. Again, not a certainty, but more evidence.

Then I logged into our HR website, and lo and behold–my final paycheck was posted with my vacation time paid out with a pay date of today. See what happens when you lay off your skilled workers! They forget to hit the “hide” button on people’s final paycheck and instead disclose the fact that I am getting the ax…

So, during the day while I should have been nervously working…I was instead packing my boxes, clearing out any personal emails, backing up my contacts to a flash drive, and surfing the EDD website to find out how to file unemployment.

When my boss arrived to deliver the news-one look around my office and he knew that I knew. We had a casual banter about the emptiness of my office, he asked how I knew. i asked a few questions about why they decided on me, would I be reeligable, and the like. Then, I said goodbye to my co-workers and went home to my family.

I don’t mind so much getting the boot (there is the normal drain on your ego and self worth)–I have certainly had to make and carry out these kinds of difficult decisions time and again over the years. I do wonder why it was me and not someone else. But, the suckiest part is that the economy is so bad, that the likelihood of me getting another job, with my salary range, part time, and close to home is slim to none. Not to mention doing something I really loved.

The other part that bites is that since I graduated from college I have worked in the mortgage industry. I have had a part in all aspects from docs, funding, post-closing, processing, secondary, underwriting, escrow, to mortgage banking software to management of all departments. I don’t really know another industry. So, finding a job in another field will be a big change after 10 years in this line of work.

The good part for us is that we have been slowly making lifestyle changes to slim down our monthly budget. We are in a better position than we were a few years ago. But, no one is ready to loose all of their income (there is unemployment insurance of course!).

I plan on taking until the beginning of the year off (while still searching for a job passively). At the start of 2009 I should have a new resume and a formalized game plan for how to tackle the next phase in my life. Wish me well!

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2 thoughts on “The Magic 8 Ball says…

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