LayoffsApr 25
Wishwish4ever

Time to switch to another field like State or Healthcare?

Background is in data and accounting. 8 YOE, 180k TC all cash I was not laid off at Wish following their buyout, but I also didn’t accept the new company’s offer, which means I resigned with no severance. I have another job lined up that starts in May, but tech field instability is worrying me. The salary reductions compared to 2021/2022 are drastic and I don’t see them stopping. Does anyone have experience going to less lucrative industries like construction, healthcare, or utilities? Is it worth it to take that pay cut for job security and potentially a pension? I see a lot of job openings at places like public utilities, Kaiser Permanente/Stanford Health/Big Pharm, State of California/County positions, and others. Their Blind channels seem dark though so I can’t get any inside scoop from current employees. #severance #layoff #tech #finance #data

LinkedIn svvssu Apr 25

Govt jobs are like the wish.com version of tech :-)

Wish wish4ever OP Apr 25

Wish was actually the best job I’ve had. Only 30 hours per week, no meetings, and fully remote. It allowed me to destress and focus on myself and my family. I was still a top performer and kept through all layoffs and the buyout.

LinkedIn svvssu Apr 25

That does sound good. I doubt govt jobs are remote-friendly

My company is non profit. People still get laid off.

Cisco Cis-c-hoe Apr 25

Huh? You WISH!

Optum ctmri Apr 26

Healthcare tech is not safe anymore

LinkedIn svvssu Apr 26

What do you mean?

Optum ctmri Apr 26

Check news lots of health tech layoffs. Feds cut medicare reimbursement for services