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In my last rant (https://devrant.com/rants/5523458/...) I regaled you lovely folks of how I had to diplomatically yet firmly defend my work/life boundaries during off-work hours for non-life threatening affairs (a frustratingly common occurrence), and concluded the thread by mentioning that I still had a job, but would make a note of my frustration of that for whatever exit interview happens.
Well, no need for those notes any longer.
I and half of the engineering force, along with several senior managers were laid off this morning in the form of a "mandatory on-site all hands".
I live and work in NYC. Several people took trains and booked rooms from as far away as Boston to be here (or at least I know of specifically two people who commuted up here on Sunday to be here for the "all hands"). I presume those people used their travel benefits to get here and back.
We were dismissed before the meeting even took place, and according to a coworker I became friends with (yes, despite my snarky comments in other threads, I *do* actually have coworkers I became friends with lol) who survived at least this round of layoffs, once the actual all-hands commenced, the company first disclosed the layoffs, then announced being awarded a major contract with the very client the entire org had been working on overdrive to win for the last nine months. He had already been looking for a new job and got an offer last Friday, had been mulling it over, but told me once we were off the phone he was calling them up and accepting. He had three people reporting to him, and lost two. Even he had no idea it was coming until one of his now-former subordinates asked him to come outside and told him they'd just been let go.
I knew going in to this startup that "it's a startup, anything can happen, just mind the gap". That's why I asked on numerous occasions and tried to get time with our CFO to ask about revenue and earnings; things that in my years at this place were never disclosed to the rank and file, I'm not a professional accountant or CPA by any means, but I did take a pair of corporate accounting classes in community college because I like the numbers (see my other rants about leaving the field and becoming a math teacher), and I was really curious to know how the financial health of the business was.
It wasn't so much a red flag as it was an orangish-yellow that no one ever answered those questions, or that the CFO was distant but not necessarily cagey about my requests for his time; other indicators were good while interviewing--they had multiple fully integrated, paying customers (one of which being a former employer from years ago, which aided me in having strong product familiarity during the job interview), but I guess not enough to be sustainable.
Anyway. I'm gonna use the rest of the week to be a bum, might get out of the city and go hang with friends Pittsburgh, eat some hoagies and just vibe for a while. I've got assets and money stashed up to float pretty easily for a while, plus a bit of fun money so losing the job isn't world ending. Generalized anxiety because everything is going to shit worldwide, but that quickly faded into the backdrop of the generalized anxiety I always have because existentialism or something like that.
Thanks for reading. Pay the teachers.5