I am in my early 50s and I was cut about a year ago. I spent two months trying to find a job in my field with comparable pay with no success. In the end, I decided that any job was better than no job but to say I'm unhappy would be an understatement. I'm still looking for something better with no luck. I know plenty of people in my age group were laid off at the same time as I was, I'm wondering are you having better luck than I am?
4 replies (most recent on top)
Like everyone else said - get your skills up. Udemy has a ton of classes for little cost, and they're real good. Most tools nowadays are open-source, so practice is easy to do.
PS: Forget Fiserv. They'll only hire you to set you up for the next layoff lottery, which means you'd only have 18-24 months with them at the most. Of course, if you're unemployed, you can use that time to skate hard, get your skills up, and find a better job while getting some income along the way. Just don't expect much from them.
Fiserv targets people over 50. Salary and health care costs. If you’re getting close, plan you own exit, don’t let those bastards do it
Yep, if you lack current skills in your role then take care of that ASAP, if you can. And you do have to temper your expectations with regard to salary, if you're coming from "$0."
If you're on an active hunt while still employed, and you're not overpaid for your market, it's not terribly difficult to find a position making the same or better money, doing what you love doing, in a few weeks to a few months. However, once you're laid off, then yeah, it's harder to find that same situation. Particularly with all the layoffs, depending on the field you're in, you're often going to be walking into these gigs at their starting pay, not what you're used to making. It does suck starting over.
I'm 53, got laid off last October, and yeah, after three months I accepted a job making ~$50k less, after realizing the above. However... I didn't settle for that. Once I found a job I kept searching, and by March I had an offer making $27k more... which I ended up playing into a sweet counter-offer, which I accepted, since I love the folks where I am now. We just had our reviews, and I'm about to be sitting at just $10k off where I was last year, but with the added benefit that I'm 100% remote and working with an awesome team. I wouldn't leave this situation and sit in traffic again for an extra $50k.
Anyhow... keep at it. The right position is out there. It's all a matter of timing and persistence on your part.
Make sure your skills are current, and go get some certifications with Azure and AWS. It should help with some of the HR filters and open up the door for more opportunities.