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‘I’m scared about what comes next’: Fortune 100 worker shares financial worries after being laid off as company shifts hiring to ‘lower-cost countries’

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‘I’m scared about what comes next’: Fortune 100 worker shares financial worries after being laid off as company shifts hiring to ‘lower-cost countries’

by Asia Today Team
April 29, 2026
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Moskau by Dschinghis Khan – The Economic Times

Getting serious about gangsters | Hindustan Times


MEXICO: A person working at a Fortune 100 firm shared his monetary worries on-line after being laid off for the primary time. With solely three months’ discover, a child, and having not too long ago paid in money for a automotive, he mentioned, “I’m scared about what comes subsequent.”

The layoffs got here as the corporate plans to consolidate operations right into a single hub, as a substitute of a number of workplaces in Mexico, and rent staff in lower-cost international locations, principally in components of Africa the place wages are considerably decrease, he mentioned.

Explaining his scenario additional on r/Layoffs, he wrote: “I can’t go into element about my position as a consequence of contractual restrictions, however I’ve held a senior place for over two years and been right here for eight years. Throughout that point, I labored onerous and genuinely beloved what I did. The job got here with nice advantages: two months of trip, a hybrid work mannequin, insurance coverage, and a degree of flexibility that allowed me to go away early or take time without work when wanted.”

Earlier than the layoffs have been confirmed, rumours concerning the job cuts had already been circulating throughout the corporate. Then got here slowed hiring throughout a number of departments, and new recruits who have been struggling to carry out have been finally let go. On Wednesday, after being known as into the workplace, it lastly grew to become official.

Though there’s a very good severance bundle ready, and a few have been provided to relocate to the larger metropolis, the price of dwelling there may be so excessive that it could require double the wage, which isn’t being provided.

Sharing his worries additional, he added, “I’m nonetheless comparatively younger, and that is the primary time I’ve ever been laid off. I really feel a mixture of concern and uncertainty. A part of me desires to put money into a enterprise and develop into my very own boss, however dwelling on this nation, considerations about corruption and violence make that call tough.”

Whereas he felt fixed strain over the previous 12 months, there was additionally a way of reduction, “that possibly it is a turning level”, but he mentioned, “I really feel misplaced and unsure.”

Amid his emotions of uncertainty, commenters who’ve been laid off as soon as inspired him.

One mentioned, “I’ve been at it for nearly 30 years now. I’ve been laid off twice… It occurs to most individuals at the least as soon as,” including that it was “one of the best factor that might’ve occurred” to him.

One other shared, “All I can say my pal is you aren’t alone. Life has been a wrestle for me,” explaining that simply as issues appeared to ease — after getting a very good job, paying a big sum towards his mortgage, and getting a tattoo and shopping for the guitar he wished — he “received laid off and [was] again to the grind.”

A 3rd suggested, “Look ahead. You’ll discover one other job; issues will work out. Leverage your skilled community, don’t be afraid to contact individuals that you just haven’t spoken to in a number of years if that’s what it takes.” 

Nonetheless, one commenter shared a extra pessimistic be aware, saying, “The race to the underside is actual. Sorry to listen to about you shedding your job. Looks like nobody and no nation is protected.” /TISG

Learn additionally: ‘So that is what AI will drive’: Staff react as PwC accomplice pay rises amid AI push and fewer employees





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