Thread regarding ExxonMobil Corp. layoffs

I'm in the final round of interviews at another company

Things are looking good, but the company is not in the O&G field and with the recession knocking on our door, I'm worried that leaving now could be a huge mistake. We are not completely recession-proof, but we are certainly not as vulnerable as construction. I have no idea how to make this decision.

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| 1701 views | | 6 replies (last May 31, 2022) | Reply
Post ID: @OP+1gUKIlj7

6 replies (most recent on top)

https://nypost.com/2022/05/16/microsoft-doubles-budget-for-employee-salaries-to-address-inflation-retain-talent/amp/

Microsoft doubles budget for employee salaries to address inflation, retain talent

Best of luck wherever you land. Remember companies do not determine your worth as a person. Several people have left for big tech and landed similar of higher compensation. Microsoft got rid of the new ranking system the company put in place because of the low morale it induced….the company put out publicly cuts of 5-10% for next 3-5 years and that is fact.

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Post ID: @6woq+1gUKIlj7

Bet on yourself and know that you’ll be fine even if you’re laid off in your next gig. Onwards and upwards.

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Post ID: @1bnu+1gUKIlj7

“Indecision and fear can cripple any chances of succeeding and lead to maelstroms of regret that fuel our most fantastic nightmares.” ― Kilroy J. Oldster

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Post ID: @1upi+1gUKIlj7

I'm leaving shortly myself.
Pretty recession proof is my new setting.
Goop.

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Post ID: @paf+1gUKIlj7

Fear is not a good guide fir decision making. Take the leap and never look back. If a recession comes and your new employer uses the "last in first out" rule, deal with it with no regrets. Meanwhile show your new employer how valuable you are.

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Post ID: @nve+1gUKIlj7

“…with the recession knocking on our door…”

There’s no reason to think the economy will be in a recession, at least not for anyone who draws their primary income from a salary.

Even if there was, the labor market is so tight that a recession isn’t going to make much of a dent.

Recession fears are being stoked partly to drive down stock/share prices, partly for political reasons, and partly to scare people, which appears to have worked on you. Recession fears are also being used to trick candidates into taking job offers for lower dollar amounts than they should.

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Post ID: @tsa+1gUKIlj7

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