🔺 r/personalfinanceufuckthis_job·75 days ago
Just got laid off today with no savings and large debt, would like some advice
Hey everyone, would like some advice for my position. 26M and just got laid off from my tech job today (remote software engineer). In January, the tech director of a small nurse recruiting firm (<25 employees) that my fiance babysits for reached out to me and was interested in hiring me. At the time, I was working a stable job at F500 making ~$85k (TC) annually. The new position was ~$88k + $12k in bonuses and the job load sounded much easier. I was skeptical at first but he reassured me that the company was financially healthy and that they were sitting on a good reserve of cash. I started in February and things were smooth. Everyone liked me and the work I was doing felt impactful and I was incredibly happy at this new job. Until today. At 3:00 PM, I was given an invite for a "Team Alignment" meeting at 4 PM with my manager, HR, and a few other members of my team. Since other members were also in the meeting I didn't think much of it especially because we had just launched a new Applicant Tracking System today that I was a key part of. In the meeting, I was told that I along with our entire offshore team would be let go effective today with no severance and our PTO would not b…