The Land of Lay Offs

So I just received word that my former employer, imc2, just laid off an additional 17% of their workforce, which included a group of some good friends. As much as I’m thankful I left before the ax fell, it still truly saddens me. They are laying off some truly talented people and from what I hear and read, most of it is due to poor decisions made versus the economy.

Today, Merck announced they’re laying off 7000 employees by 2011 and CNN’s Money website just posted an untimely article this morning stating that mass layoffs in this country are at the highest they’ve been since the September 11th attacks seven years ago.

Why didn’t anyone tell me when I graduated college in 1999 that in the 9 years I’ve been in the workforce, we would all have to endure the Telecom/IT bubble burst, the economy taking a huge fall during the 9/11 attacks and now our economy being at the worst it’s been since the Great Depression?

Those of you who have yet to graduate college, I hope you savor every minute you’re not in the “real world” as it’s not necessarily the nicest place to be.

To my friends who lost their jobs today, God be with you and know you’ll be better off one day. I promise you.

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This entry was posted on Wednesday, October 22nd, 2008 at 3:15 pm and is filed under Career Topics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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