I'm currently facing potential layoffs at my large tech company where I've worked for over 10 years. I've always had high performance ratings, but I've learned that my organization is planning a non-performance-based layoff around October, likely affecting me. Although my friends have asked for an exception on my behalf, the outlook isn't optimistic. I’m trying to figure out my next steps. I’m fortunate that the severance package would be substantial—8 months of base pay plus stock vesting—so I’m torn between starting my job search now or waiting it out to collect the severance. The idea of taking a break and enjoying life before diving back into work sounds appealing, but the uncertainty of the job market makes me anxious about not having a solid plan. I’ve been advised to gather metrics and feedback from my current role while I still can, and to start reaching out to my network under the guise of catching up. I’m wondering if anyone else has been in a similar situation and can share their experiences or advice.
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