Layoff is a Gift [Video]

“We regret to inform you that as of today, your position has been eliminated” — emails bearing this tone and tenor are the most dreaded and can often turn employees’ lives topsy-turvy, especially for those used to a certain lifestyle that the tech sector promises. 

According to Layoffs.Fyi, as of July 2024, 360 tech companies laid off over 104,400 employees this year alone. And now, Intel plans to cut around 15,000 jobs, which amounts to 15% of its workforce, in a strategic move to save $10 billion by 2025. 

Hate us not, but layoffs can be good news parading as bad – a blessing in disguise.

Recently, filmmaker and executive producer Monica Medellin said that she is grateful for her layoff. If it hadn’t happened, she would have never carved her own career path. 

She is not alone. A Reddituser wrote that he was laid off from McKinsey last year and received a 4.5-month severance package. …