I hoped I could stay here and avoid having to look for a new job at my age, but knowing how many layoffs are about to happen, I can't rely on hope anymore. I can't emphasize strongly enough how much I didn't want to find myself in a position of having to interview around again. I should be able to retire without having to worry about losing my job constantly. Is that really that much to ask for?
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If you are over 50 like me, then risk of layoff is high. But our mortgages have been paid off and we would have built a good fianacial safety net as well.
I was over 50 when QCOM gave me my walking papers. By the way most of the people laid off were over 50 and excellent contributors. I can remember going to the outplacement service center and we were all nervous about finding employment . I can tell you it was the best thing that ever happened to me after almost 20 years with QCOM. I ended up at a company that actually values employees and work life balance. Unlike QCOM they actually care instead of putting up banners that say “Top 10 employer of choice”. I’ve said it before, you will find something better and realize how bad Qualcomm is to work for. Good luck!
If someone just got promoted to Sr dir in Nov 2011, is this person relatively safe?
I'm really sorry you are going through this. The anxiety and uncertainty at age 50+ when you are interviewing is no doubt, many times that faced by a younger employee. You are risk average and more at stake, even out 401k tempers down the risky investment as we age. That said, is there a possibility you can take a lower pay at a government contract company? You can ride through to retirement, just move away from tech industry until retirement.
I totally understand. The older your are, the more expensive you are. Although age discrimination is illegal, it happens anyway, even if sub-consciously. Besides, after working decades, you would like to take a rest from worrying about survival.
Why you want to avoid interview process? It is a chance for you to find a better place although you are about to retire
Hope is not a strategy.
Dude, you gotta adapt. The only constant in life is change,especially when you are well aware of the corruption of the leaders of this company and how the political fight has no bottom line and should have been prepared long ago.