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Any_Record7733's journey

Milestones, reflections, and progress updates connected as your layoff-to-next-step story unfolds.

  1. 2
    Feeling Miscellaneous Planning Thinking

    I am currently facing a layoff and reflecting on my situation. I sensed it was coming for a while, but I procrastinated on applying for new jobs until the last few months. My company underwent a reorganization where a lot of power shifted from our global headquarters and regional offices to a new hub in South Asia, now referred to as the "global capability center" or GCC. This hub, which used to handle lower-level outsourced work, is now taking on roles at much higher seniority levels, including VPs and SVPs. My colleagues and I have transitioned from reporting to our regional heads to a boss based in this hub. The working culture has changed significantly, and things have not been favorable for those of us outside the hub. Positions that became vacant were not filled locally; instead, they were moved to the hub. As a result, people there have been promoted while those of us outside feel stuck and frustrated, leading to several resignations. Recently, our boss received a notice to downsize, and instead of cutting roles within his hub, he opted to let go of staff in other countries, including those who are crucial to his business unit. This experience is shaping my approach to my job search moving forward.

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  2. 1
    Feeling Planning Thinking

    As I prepare for my upcoming layoff from a multinational company, I've been reflecting on my career path and considering my next steps. Since graduating, I've only worked for large multinationals, and while the compensation has been decent, the job security feels increasingly volatile. Initially, I had a good experience; my former boss appreciated my work, and I thrived in a team of 50. However, over the years, the company has aggressively cut costs, moving operations to lower-cost regions. Now, I find myself as the last remaining member of my team after everyone else, including my boss, was let go. I've started to wonder if this trend is typical across big multinationals or if it's just my experience. It seems like they prioritize centralization and offshoring, which diminishes the value of local relationships and leads to layoffs in favor of cheaper offshore labor. I'm curious if working for local small and medium-sized businesses (SMBs) might offer more stability. While SMBs can still make cuts if they're not profitable, I believe that local relationships hold more weight there, and they are less likely to outsource jobs to overseas teams at drastically lower costs. Has anyone else noticed this pattern? Would transitioning to an SMB be a safer bet?

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