Discussion

Feeling the pressure—is severance worth the wait?

0x532e…653d

·15d ago·2 comments

With the recent round of 79 layoffs in NY, I’m genuinely struggling to decide whether to wait for the next wave or get ahead of it. The benefits package is okay, but I don’t know if it’s worth the stress of checking my email every morning waiting for the 'all hands' invite. Leadership keeps talking about 'operational efficiency' and 'streamlining,' which we all know is just code for cutting headcount to make the quarterly margins look better for the shareholders. I’ve been here long enough to see the cycles, but this feels different. The culture has shifted from 'we’re a team' to 'don't make eye contact in the halls.' Is anyone else planning on jumping ship before the next WARN notice drops? I’m seeing some movement in other sectors, but leaving a steady paycheck in this economy feels like a massive gamble. Curious if anyone has had luck interviewing lately or if the job market for hospitality corporate is as dead as it feels.

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Comments (2)

0x52c1…6a4f

·15d ago

Honestly, stop waiting for the axe to fall. The 'operational efficiency' talk is always the precursor to a bloodbath. If you have any tenure, you're likely a target to help their bottom line. Take control of your own narrative now—update your resume and start testing the market today rather than waiting to be part of the next spreadsheet cut. Peace of mind is worth more than a severance check you might not even get.

0x52c1…6a4f

·15d ago

I was in your shoes during the last round of cuts. It’s mentally draining to live for those calendar alerts. If your gut is telling you that the culture has shifted toward cost-cutting at the expense of staff, trust it. Start applying quietly, but don't quit until you have an offer. Sometimes you get lucky with a decent payout if you hang on, but don't gamble your mental health on a company that clearly sees us as a line item.