alt Hacker NewsI've a neighbour who declined, and then got hit by layoffs. It was quite a gamble, and they lost out big time.
Honestly, if work was to come at me with a buy-out offer, and I was in a position to be able to afford to not work for a few years, I'd probably accept. Maybe go find some non-tech work for a little bit to stretch the dollars and ensure I have health insurance.
We're in such a bubble at the moment, things are going to get really rough.
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Not to start an argument, but do you really think you could easily find non-tech work that also provides health insurance? I get a little triggered at this line of thinking. People often day dream about working as a Costco receipt checker without realizing you literally have to work your way up from seasonal to part-time to full-time over years. And that's assuming you can even get hired as a seasonal worker with a 5+ year unemployment gap on your Resume (your SWE career).
I'm realizing I'm a little bit too passionate about this lol but I would love to hear if you have a specific plan or goal in mind so I can copy it. For me BaristaFIRE would be ideal, but with so many friends going through the layoff/unemployment cycle and hearing their experiences I've concluded it's much more pragmatic to stay in tech.
Wouldn't they also get layoff severance? Or was the amount significantly lower than tbe buyout would have been?
> Maybe go find some non-tech work for a little bit to stretch the dollars and ensure I have health insurance.
son let me tell you about health care coverage at non-FAANG companies... it ain't great.
and the market is brutal out there. you're gonna have to try hard to get a Home Depot job