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‘Getting laid off from Meta made me rich’: Techie says job loss helped boost savings


‘Getting laid off from Meta made me rich’: Techie says job loss helped boost savings
Techie says job loss helped boost savings

A layoff is rarely something an employee would describe as good news. But one former Meta worker has shared an unusual experience that has sparked discussion online. Instead of viewing the job loss only as a setback, the employee said the situation eventually left them with more money in their accounts than they would have otherwise had.The former employee shared the experience on Blind, where the post focused on the financial impact of the job transition.

A new job before the Meta exit

The former employee said they started a new job a couple of months before their termination period at Meta ended.As a result, the worker said there was a period of around three months when they received paychecks from both employers. They also received an August stock vest.The employee said they put the additional money into investments, with the extra amount coming to about $30,000.“I started a new job a couple months before the end of my termination period and collected about 3 months of meta paychecks while collecting paycheck from new job. I also got August vest and ended up investing about an extra 30k.”

Blind Post

Blind Post

Why the employee called the layoff a financial win

Looking at their finances after the transition, the worker said they were surprised by the result.“Getting laid off from Meta made me rich,” the employee wrote.The employee then questioned whether the experience showed that a layoff from a major technology company could sometimes have an unexpected financial outcome.“Now I have way more in my accounts than I would have had I not gotten laid off. Isn’t this kind of ironic or does this mean that getting laid off from big tech can be a good thing if you play your cards right.”

Not everyone agreed

The post received mixed reactions from other users.One person focused on the fact that the extra money did not remove the need for employment, writing, “30 grand won’t last much. You still need a job.”Another user said the experience should not be taken as a picture of the wider job market.“Happy for you, and I’m sure well deserved. But at the same time, survivorship bias. It’s an unusual, tough and hostile market. The top 20% are doing well, the rest are in cutthroat positions.”Another commenter pointed to the challenge of finding comparable pay elsewhere.“It’s hard to find another public tech company that pays as well as Meta.”One more user offered a brief take on the uncertainty involved in career decisions: “Life is a poker game.”Disclaimer: This article is based on a post shared by an employee on social media. The claims and opinions expressed in the post are those of the individual and have not been independently verified by The Times of India.Thumb image: Canva (for representative purposes only)



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