very bad news yesterday
By Kelli M
@spiderdust (14756)
San Jose, California
January 21, 2023 4:07pm CST
When getting ready for work yesterday morning, I saw on the news that a major tech company, one that employed a household member, was cutting 12K+ jobs. I wondered if that was going to impact us.
And it did. He found out via email, as did everyone else in the company who was laid off. Needless to say, this is a huge blow for all of us as he was the one who had been earning the largest paycheck. His name is also the only one on the mortgage.
The good news: he seems to be getting a decent severance and the medical benefits are good until the end of March (this affects him, another household member, and two of the children), so we have a little bit more cushion than we thought at first. I still have my job and my partner has his job, and both jobs are relatively secure right now. This means we still have some income coming in, although significantly less than before.
The bad news (besides the job loss itself): my income largely pays for our groceries and some extras. His income paid the mortgage and utilities. The remaining income now has a large gap to meet. Our internet and cell phones were also subsidized by his former company, so we either have to reduce what we have or pay the full amount ourselves now. His laptop was a company computer, so he no longer has a laptop (although he's going to borrow a household member's Chromebook so he can look for work... although at 55, it's not going to be easy for him to find another good tech job, especially with 12K+ other candidates all looking for work at the same time).
So, because it's the easiest financial change to make, we're not going to buy many groceries for a while. I'll bring home freebies from work when I can and our meals will be made from those plus what we have on hand in the pantry and freezer. We won't starve by any means, it just means that the picky kids are going to have to learn to deal with foods they're not big fans of (like beans).
The 3 oldest kids have jobs (one is still in high school, and the other two are adults in college). We talked to them yesterday and told them that any extras that they want (Doritos, Starbucks, etc.) will have to come out of their paychecks. If the two adults need us to pick them up at work instead of using public transit, we'll need them to help out with filling the gas tank sometimes.
The severance is significant enough that if we made no financial changes at all, we could live pretty much the same way for about 6 months or more. Obviously, we're going to make those changes; this is just a cushion to make sure we survive until he finds employment again... or to give us time to make other changes, if necessary, like selling off the house and moving to a cheaper area, with some of us going off in different directions.
Our collective goal is to disrupt the lives of the children as little as possible. It's gotten more challenging, but we're going to do our best. In the meantime, the laid-off household member is filling out unemployment paperwork and has signed up with DoorDash in hopes of earning a little bit extra here and there for now.
Happy New Year, eh?
17 people like this
19 responses
@sallypup (69157)
• Centralia, Washington
21 Jan 23
Wow you will need to be strict on what you do next. I'm so sorry this disaster has happened. So many folks that were laid off live in high mortgage-rent areas. I don't know how the beleagured food banks will be able to handle the new influx of hungry mouths. What a mess.
4 people like this

@sallypup (69157)
• Centralia, Washington
21 Jan 23
@spiderdust The trickle down effect. Even Grocery O isn't cheap these days. Maybe the seniors will help keep you going.
3 people like this
@spiderdust (14756)
• San Jose, California
21 Jan 23
@sallypup I'm hoping so. I'm also keeping in mind that the lay-offs were company-wide and not necessarily all in this location.
3 people like this
@spiderdust (14756)
• San Jose, California
21 Jan 23
The part that could threaten the jobs for the rest of us in the house (although I think we're okay for now) is that our places of employment are geared towards those plenty-of-money families and customers. I work at a high-end grocery store, and the other half works at a high-end pet food store. If there are now a LOT of people who are unemployed and cutting budgets, some of them might now decide to shop at places like Grocery Outlet and Petco instead of our stores.
My workplace is also right next to a gated senior community and country club, and a high percentage of my customers come from there. They won't be affected by the mass layoffs as they're mostly retired.
3 people like this

@spiderdust (14756)
• San Jose, California
21 Jan 23
I knew this was probably coming someday, we just weren't expecting it YESTERDAY.
4 people like this
@CarolDM (203396)
• Nashville, Tennessee
21 Jan 23
@spiderdust I guess you can never really get prepared for this sort of thing. This happened recently to a friend. She is devastated. I have been talking and listening to her as much as possible. She said it gets a little better each day.
4 people like this
@spiderdust (14756)
• San Jose, California
21 Jan 23
@CarolDM I'm very thankful that I have access to so much free food, even if I can't predict what it's going to be from day to day and have to get creative with it. I'm thankful that I know where to find extremely discounted food, even though, again, I can't predict when I'll find it or what there will be. I'm thankful that I already bought my partner's birthday presents (for the end of the month) before this happened, and that I just did a mini-stock up of staples like rice, sugar, and flour.
I'm as prepared as I can be, as we have a pretty full pantry right now and are caught up on bills (I think). We've got dentist and eye doctor appointments set up for the kids whose insurance is disappearing at the end of March (although one of them is doubly covered) and those affected adults are looking into Covered California to see if they can keep similar insurance and (more importantly) the same doctors. I could in theory try to work one extra day a week and be able to cover those kids with my benefits, but I need to talk to my manager when she gets back from her leave.
4 people like this

@GardenGerty (169406)
• United States
22 Jan 23
That is hitting so hard for many. I know you will do what it takes to get by.
2 people like this

@spiderdust (14756)
• San Jose, California
22 Jan 23
Yeah, we'll manage. It's just an awful thing to have happened, especially when he's at an age where he's unlikely to get the same kind of job again.
We did find a frustrating clause in his severance paperwork -- his actual termination date isn't until March 31st, which is why the benefits and such will last until then. That part seems good, except he can't file for unemployment until then AND if he is lucky enough to find a job and starts working before March 31st, that counts as quitting his former company, and then they don't have to pay him his severance.
I thought they were being fair and ethical, but this seems a bit shady, even if it's legal. 

1 person likes this
@spiderdust (14756)
• San Jose, California
22 Jan 23
@popciclecold It truly does! It doesn't encourage him (or anyone) to run out and take the first job he can find either.
@Tampa_girl7 (54714)
• United States
22 Jan 23
Oh no, i can really feel for you.
. I pray that a job is found soon.
. I pray that a job is found soon.2 people like this

@Tampa_girl7 (54714)
• United States
22 Jan 23
@spiderdust My husband is also 55 and was so relieved that after the furlough when Covid first started he eventually got a call to come back. It was a long 6 months.
2 people like this
@spiderdust (14756)
• San Jose, California
22 Jan 23
I hope so too. I think due to his age, he's going to have a harder time finding a job equal to the one that he lost, but maybe he'll find something that's "good enough".
2 people like this
@DaddyEvil (174208)
• United States
22 Jan 23
Wow! I'm sorry that happened! Hopefully, everything works out in the end.
3 people like this
@spiderdust (14756)
• San Jose, California
22 Jan 23
I'm sure it will, it's just the shock of it all right now.
2 people like this
@DaddyEvil (174208)
• United States
22 Jan 23
@spiderdust Oh, I totally understand. When I lost my job two years ago, Pretty and I were in shock for a while after it happened.
2 people like this
@spiderdust (14756)
• San Jose, California
22 Jan 23
@DaddyEvil The part I'm most worried about is the mortgage payments, but I think we'll make it work. Like I mentioned to someone else in one of the reply threads, he has a large enough severance package that the major things should be covered for about 6 months, even if we made no financial changes at all. That gives us a cushion while he looks for employment.
2 people like this


@spiderdust (14756)
• San Jose, California
22 Jan 23
@DianneN It's pretty surreal though... he was at that job for nearly 20 years.
2 people like this
@spiderdust (14756)
• San Jose, California
22 Jan 23
Thank you! If this had happened last year, it would be a very different story, but I think we'll be able to weather this.
2 people like this

@snowy22315 (208746)
• United States
22 Jan 23
What can I say? Things are tough all over. We all seem to have to manage with less these days. You were very lucky to have some of your expenses subdized by somebody outside the household in the first place. I am sorry this has happened though...sucks, but you'll get through it.
2 people like this
@spiderdust (14756)
• San Jose, California
22 Jan 23
Thank you. I know we'll get through it, but it's been quite the blow.
I'm less worried about the internet and cell phone costs, I'm more worried about the mortgage. At least that wolf isn't at our door yet, even though I can hear it howling now.
2 people like this
@celticeagle (189792)
• Boise, Idaho
22 Jan 23
So sorry to hear this news. I hope you can find some help and he can get to work soon. Glad he has the Doordash as something to fall back on for now. So sorry to hear this.
2 people like this

@spiderdust (14756)
• San Jose, California
22 Jan 23
I suspect he won't get another job quite like the last one, especially pay-wise, but I'm hoping we can at least ensure some stability for the future.
3 people like this

@spiderdust (14756)
• San Jose, California
22 Jan 23
I hope so too. I'm really thankful for our collective frugal skills and that the older kids are all on board with helping out where they can.
1 person likes this
@LeaPea2417 (40020)
• Toccoa, Georgia
22 Jan 23
I think it is sad and wrong to lay off employees through email.
2 people like this
@spiderdust (14756)
• San Jose, California
22 Jan 23
I don't disagree with you there. I suspect it's the easiest way to do that to 12,000 people at once, but it feels awfully impersonal.
2 people like this
@RasmaSandra (97912)
• Daytona Beach, Florida
21 Jan 23
That is certainly a catastrophe, I wish you all the best of luck and hope you can figure it all out for the best of you and your family,
2 people like this
@spiderdust (14756)
• San Jose, California
21 Jan 23
My kids tell me I've been planning for this for years.
I dunno. We'll weather it somehow.
I dunno. We'll weather it somehow.2 people like this
@spiderdust (14756)
• San Jose, California
22 Jan 23
Thank you. I appreciate you popping by and saying so.
We'll manage, I'm sure. I'm just worried about the mortgage payments, but we've got some time to balance things differently.
1 person likes this
@spiderdust (14756)
• San Jose, California
22 Jan 23
I hope so. I feel better prepared for it right now than I might have been last month or a year ago.
@Deepizzaguy (122070)
• Lake Charles, Louisiana
21 Jan 23
Sorry to learn that the layoffs are starting to hit a lot of us this year.
2 people like this

@Deepizzaguy (122070)
• Lake Charles, Louisiana
22 Jan 23
@spiderdust I do not the employees being angry at the employers for being released when the stock market profits are doing well.
1 person likes this
@spiderdust (14756)
• San Jose, California
21 Jan 23
Yeah, it's not surprising. What's frustrating is that the company's stocks went UP yesterday after the news about the layoffs. 

2 people like this

@popciclecold (40215)
• United States
22 Jan 23
So very sorry to hear this. Prayers for you and family.
1 person likes this

@spiderdust (14756)
• San Jose, California
22 Jan 23
Thank you. We'll ride this out, even if we don't know how it's going to end up. We'll make sure the kids stay stable.
1 person likes this

@kaylachan (84699)
• Daytona Beach, Florida
21 Jan 23
That's a shame that your family member lost their job, but honestly, changes to lifestyle should've been made some time ago, because now a days no job is secure. Hopefully he finds work again soon.
2 people like this
@spiderdust (14756)
• San Jose, California
21 Jan 23
We had already made some changes, but at least we have some room to adjust some more. He had worked there nearly 20 years.
1 person likes this
@JamesHxstatic (29410)
• Eugene, Oregon
28 Jan 23
Sorry to hear that bad news! I have been hearing about all the tech job losses. My daughter worked in tech for several years, mostly startups, buy now works in email marketing management for a big credit union.

@JamesHxstatic (29410)
• Eugene, Oregon
29 Jan 23
@spiderdust Better than two weeks, which used to be common.
1 person likes this
@spiderdust (14756)
• San Jose, California
29 Jan 23
Yeah, his company laid off 6% of their workforce.
He's been putting out feelers on Linked In and has found some potential job leads, but that's about as far as it's gotten so far. His former company is at least paying all of the laid-off workers until March 31st, which helps buy some time.
@spiderdust (14756)
• San Jose, California
29 Jan 23
@JamesHxstatic Agreed! We didn't expect nearly the amount of severance that he's getting either.
1 person likes this
@VivaLaDani13 (60812)
• Perth, Australia
24 Jan 23
@spiderdust I'm so sorry for this bad news. I think it's a great idea to make some cutbacks in certain areas. It may be irritating at times with the new adjustment but I admire it's being done to just keep things stable for as long as possible while in this situation. I truly hope everything will work out for the best for you all and you'll all be alright!




1 person likes this

@VivaLaDani13 (60812)
• Perth, Australia
26 Jan 23
@spiderdust Very wise. Ugh I feel so bad. I know you and I have had little communication and I feel you'll all be strong enough to get through this but I still feel awful about it. It's heartbreaking to me when humans (good humans) are going through some stressful times. I truly wish you well, seriously.
1 person likes this
@spiderdust (14756)
• San Jose, California
29 Jan 23
@VivaLaDani13 I do appreciate it, honestly. I know we're more fortunate than most people in this situation.
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@spiderdust (14756)
• San Jose, California
25 Jan 23
I hope so too. We're getting everyone's doctor appointments, replacing glasses, etc. right now. I have a teen that was getting braces (and still is), so we need to figure out what kind of payment plan will still be available if there's no insurance anymore (hopefully there will be insurance, but I at least want to know the numbers).
1 person likes this

@florelway (23339)
• Cagayan De Oro, Philippines
21 Jan 23
I'm sorry that has to happen. I wish he can find another job. Can he not opt for retirement so he can have his pension and then the severance pay may be used to start up a. business. I experienced that when I left the company when I was in my 30s and many bills to attend to. I went on getting all sorts of jobs from a telemarketer to being an agent for real estate. I cut down on my lifestyle. I found jobs but the salary gap is so much compared to what I was paid before so I have to take on different jobs. As long as one sets his mind at work you will recover.
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@spiderdust (14756)
• San Jose, California
21 Jan 23
No, he cannot opt for retirement instead. I'm not sure that setting up a business is feasible in our situation.
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