In my yearly review, I discussed with my boss that after seven years at this job, I feel more than ready for a promotion. She agreed to discuss with the higher-ups. Fast forward to the company owner calling me and saying that they don’t have the funds for promotions and will instead be doing a round of lay offs soon. She gave me a choice to be voluntarily laid off in 5 weeks or continue doing the same thing I’ve been doing without any potential for promotion in the next 3 years. I chose the 5 week option, but now I’m panicking that I made the wrong choice. I’m afraid that I won’t find a new job soon enough. At the time I made my choice, I was worried about how it would look if I kept my job but quietly kept looking for a job just to leave them in the lurch. I didn’t want to burn bridges with this company unnecessarily, and thought doing my job search above board would be more honorable. This whole thing is just making me nauseous.