Separated
The New Year got off to a rough start for me. I returned from a month long vacation (half of it was unpaid and the rest was all the vacation days that I had shored up for this trip to India) to work to find that I have no work. My boss (the CTO) of the company told me that due to financial difficulties the company was going through another round of layoffs. Since they had decided to stop all IT initiatives they did not need someone to define and manage IT initiatives.
So, here I am looking for a new job. A recruiter that I talked to mentioned that I should not use “eliminated” or “layoff” as they have negative connotations. Instead, he suggested, I should use “separated.” Well, “separated” it is even though it does not change the reality. Someone else told me that averaging 2 yrs at a job does not sit well. True. I would not hire someone who changes jobs every two years. And, in the first 8 years of my work I was a sucker for the newest technology. I changed jobs every two years to work on the latest thing. In the last 10 years it has been the economy and the companies who have been prompting my job changes. One company that I worked for kept laying off people every 3 months that I finally quit after being there for 6 rounds of layoffs; the other decided consulting was not for them; the next two failed (one of them managed to sell themselves before it went under)
Someone once asked me – “How long can a ‘start-up’ call itself a ‘start-up’?” I had no answer for that one. My former employer has been in business for 3 years and is down by $35MM. In B-school they say investors look for 3×3 or 5×5 returns (i.e. 3x returns in 3 years etc…) I bet this is not what they had in mind. Anyway, what do you call a ‘start-up’ that is in this state? Wind-down.
Back to the job hunt.
