Was laid off in August while working for a US-based company. My first layoff in a 10-year career. Still looking for a job. I'm broke. As in "can't pay my bills next month" broke. People are hiring but remote jobs are hard to find. (I have family responsibilities and cannot relocate)
I did find jobs. People who took 7 rounds of interviews then never released an offer letter. AFTER verbally confirming that I'd gotten the job. This has happened thrice now. I started with asking for $5000/mo (last drawn). But now, I'm willing to work for anything that pays the bills.
I'm in dire need and at my wit's end.
He implied that he could stop working and live comfortably for 20+ years using what he had saved in the past 5 years. Is your situation special, or are your monthly expenses that much higher?
[Saying anything further will probably lead to a tangential debate. Will digress from root Ask HN]
But I also understand if you don't want to go into it. In any case, I wish you the best.
Layoffs are happening more in the startups here. A lot of startups in the past few years hired like crazy and salaries also went through the roof. Established companies had tough time retaining people. Service companies are scaling down hiring, reducing the salaries for freshers and delaying onboarding.
https://timesofindia.indiatimes.com/business/india-business/...