We're on a sinking ship, and options out there are almost non-existent. A colleague who was let go almost a year ago is still looking for a decent job. I started panicking a while back, so I started looking while I'm still here. Given that I've probably been less dedicated than if I were jobless, it's still been a horrible experience. It just made me more desperate. I hope this is just my story. Otherwise, we're sc--wed.
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Customer know we are a dumpster fire. They by OpenText for a cheap interim solution until something worth spending money on comes along.
@12b OpenText is too far gone to be saved.
Being employed, even if you feel less dedicated, gives you one massive advantage: Leverage. You can say no to a bad offer. People laid off, unfortunately, eventually has to say yes to anything. That desperation is a smell that recruiters can pick up on. Staying employed acts as a deodorant for that stress, even if you don't feel it internally.
@a5 we’ve been in a recession since the money printer started working overtime in 2020 , along with mass immigration
@av Shedding people with product expertise and replacing them with cheap, mostly dysfunctional, COE people is not a turn-around. It is a desperate attempt to make the numbers look better. It will surely fail. The products are dying or dead and will only get worse with time. The numbers will look better until the customers notice that the products are deteriorating and leave.
OT is not a sinking ship, it's in transition and will turn it around . Earnings beat last quarter
Unfortunately it's pretty common.
The best security for a new job is still having the old one. Being laid off versus quitting on your own terms already takes that away. It used to be 4-6 months, and now that's considered lucky.
It's alot of very sh*tty circumstances coming together though. And we won't know if this is the new market, or if it corrects back into the prospect's favor. The one upside is that those with experience are still preferred over the people who can't. Those that haven't even gotten started, those who would need to develop into a role over coming out with 8 years working experience - those poor souls have it the worst. That's as close to a silver lining as the states get rn. If it becomes a vibe-cession like the early 2020s, or a full one, we are so cooked.