Thread regarding Walmart layoffs

Better to quit or get laid off?

For those who are getting fed up with Walmart and are deciding to leave on their own or those who are willing to wait it out, here's a really good article you should read before you make the final decision.

https://www.fool.com/careers/2018/01/30/is-it-better-to-quit-a-job-or-get-laid-off.aspx

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Post ID: @OP+RyGPbty

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I'm gonna say wait to get layed off or fired. Of course, it's far better to get launch your rocket and get out of Walmart before you face that choice---even best-er yet to have never gotten involved with that stinky charnel pit to begin with---but with waiting on walking papers, you at least have some $$ to fall back on. _____and don't worry 'bout how it looks to prospective new employers, e v e r y one knows how foul Walmart its.

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Post ID: @1nsa+RyGPbty

Plus, sometimes a company will pay severance when they lay you off.

No severance for quitting.

Unless things are really intolerable, I say stay and look for another job. Don't quit.

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Post ID: @maa+RyGPbty

You should never quit without finding another job. Being laid off gives you benefit of UI to tie you over until you find something else, but quitting doesn't give you that benefit.

Best method is look for another job while you are employed and give them notice once you find something.

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Post ID: @szl+RyGPbty

I gave notice and left on good terms. It’s better for resume.

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Post ID: @wup+RyGPbty

Here's the text:

Why it pays to quit

Sometimes, it pays to leave a job willingly rather than hold off until your company lets you go -- namely, because you might have an easier time selling yourself during the interview process. When workers get laid off, they tend to approach interviews with less confidence, even though they often aren't to blame for their circumstances. But no matter what sort of position you interview for, you can pretty much expect to be asked why you left your last job. And generally, it's more comfortable to state that you made the conscious decision to move on rather than admit that you were let go, even if not for cause.

Along these lines, quitting on your own terms might allow for a smoother transition emotionally. When leave voluntarily, you take control of the situation rather than wind up a victim. And that might help you approach your job search from a place of empowerment rather than desperation.

Why it pays to wait to get laid off

Clearly, there's a pretty good argument for quitting a job that seems to be going downhill rather than anxiously anticipating a layoff. But one thing you need to remember is that when leave a job willingly, you're not entitled to severance pay or unemployment benefits. The latter can really make a difference financially, because in most cases, you can collect up to 26 weeks' worth of unemployment provided you meet the associated criteria. Now your unemployment checks won't replace your former paychecks entirely, but if you're a low to middle earner, they'll do a decent good job of helping you stay afloat. And that's reason enough to wait for your company to let you go rather than jump ship of your own volition.

Not only will having extra income from severance or unemployment benefits help you keep up with your bills while you're out of work, but it might also prevent you from taking the wrong job. Think about it: If you're stressed about money, you might rush to accept the first offer that comes your way. But if you have a little financial breathing room, you can take your time with your search and approach it from a more level-headed perspective.

What's the right call for you?

When it comes to quitting versus getting laid off, there's really no right or wrong answer. Though leaving on your own terms might make you feel better about the situation, you might lose out financially if you go that route.

Speaking of which, your finances should absolutely play a role in your decision. If you have a healthy level of savings, then you may not care as much about forgoing unemployment and severance. On the other hand, if you have little money in the bank and will no doubt struggle to pay the bills once your paychecks disappear, you may be better off letting your company call the shots and snagging some extra cash in the process -- even if it does constitute a blow to your ego.

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Post ID: @hyy+RyGPbty

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