I hope I just get laid off in these next rounds. A layoff is a band-aid ripped off with severance. PIP is torture. You still try, because some stupid part of your brain thinks you can beat it. So you exhaust yourself 'improving,' only to get fired anyway, just without the severance. What other tricks do they have planned?
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Different industry, I was on PIP and did beat it, but got laid off anyway at crunch time, there is zero doubt that a PIP puts a target on your back.