Sitting around is like hanging out with a loaded gun. Which day will it be.
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Just focus on doing what you need to get by and spend the rest of the time researching jobs, getting your resume together, etc. Cut out all unnecessary expenses. Get printouts off the server of Summary Plan Descriptions for COBRA, Stock Plan, etc. If you anticipate problems, legal or otherwise, get a copy of your complete employee file to go. If you do decide to apply for unemployment benefits, you may need the information that is in there. Go to the gym. Use QCOM's water for as long as you can to shower to cut down water bills. If you have an electric car, charge it there. And if they still bribe people with donuts to get them to attend meetings, take 2. You probably deserve it. : )
OP - Get over it and quit bitching. Either look for a new job or quit. No cares about you.
Management is trying to make this cut sooner rather than later. They are not dumb, contrary to the opinion of some here, they know this hurts morale big time. No later than mid-Sept is the current estimate, but it can be sooner.
Original poster here again..another analogy. Don't know when the layoffs date is or who. Like a roulette wheel
September.
Work on your resumes in the mean time and networking.
Or playing with a jack-in-the-box....never knowing when it will pop out.
Or Christmas morning waiting to open presents.