My employer is letting me go due to funding.

18 Comments

1. Athena Emert Gray (aeg&co)May 9,2023 at 10:49PM UTC

   Many companies do this. They try to help you stay with the company, but you have to do a little work first. Update your resume and send it in if you want to try to stay. Some companies also have firms they work with and share the resumes to help employees they are laying off find new jobs.

2. AnonymousMay 9,2023 at 11:46PM UTC

   Anyone offering to help is welcomed in my book.
   What could possibly happen? They fire you a 2nd time? It's a very tough job market right now so unless you lied on your resume I would send the updated version asap.

3. Alexis GladstoneMay 9,2023 at 11:54PM UTC

   You say they are letting you go because of funding, not for performance. It speaks highly of the organization as well as you as an employee. I doubt they would make this offer for someone that wasn't a solid performer.

   I would update your resume and readily share it with them. Any help you can get with introductions is great in this tight market.

4. AnonymousMay 10,2023 at 12:02AM UTC

   Letting you go due to funding is *not* firing. It's not a performance or lack of fit issue. Asking you to send in an updated file is a good thing in that it speaks to how you have been perceived in the company - the performance, communication, ethics, etc. If you were not top tier, they would not go out of their way to ask you. Something may come up to which they may have a need for a project or a consulting role and having your resume with them is a great idea. ***And*** when you start interviewing and managers ask about your previous role, you can mention funding issues and that you were asked to submit an updated resume with your previous employer. That's a flex!
   Forgot to mention that I once contracted at a company that I really loved and they wanted to hire me on yet they lost the County bid and couldn't hire me or keep me as everything was contingent upon funding. Later on, a coworker sent me a text and recommended me to her supervisor at another company and I didn't even need to send in a resume at that point.
   You just never know how things will pan out. Good luck and best wishes!

5. AnonymousMay 11,2023 at 4:35PM UTC

   They are likely asking for a new version that includes the time you worked for them. Definitely share it with them as they are trying to help you. I would also suggest that how you market yourself in a resume is what you put on there not what they do so for example if you are in customer success and in your next role want an admin job how would they know. Roll with this, they are clearly caring enough to want to help you land somewhere embrace the help, it's a tough market out there.

6. AnonymousMay 11,2023 at 5:01PM UTC

   I’ve spent the last decade in startups leading teams. If it’s performance it should never be a surprise. Performance is also specific to a role. I still help, assuming we’ve worked together long enough to keep career path convos going. If it’s layoffs , same offer and I’ve printed out open roles I found as a good fit and supportive reference. Unless it was hostile and/or HR issue these should be the only 2 most common.

   That said, the above is the bar or at least close to it. Not knowing the company, and in certain climates and cultures, human doesn’t always exist. Unfortunately.

7. Sonja StreuberMay 12,2023 at 12:42PM UTC

   There's a difference between being laid off (which I was recently as well, with a few others) and being fired. Being fired is for cause; being laid off is because the company needs to save money; they will also owe you a severance payment. Trying to find you a job elsewhere may be their way of avoiding the severance payout.

8. AnonymousMay 12,2023 at 12:52PM UTC

   I think this is a positive sign. They may be trying to help their laid off employees since the "fault" appears to be that the economy is dictating layoffs (and possibly they want to maintain your good will, and preserve their own brand reputation). One question I would ask of HR is "are you providing formal outplacement, and if so, how do I sign up?" Companies like Right Management (a division of Manpower) offer excellent services that encourage and support you in using your layoff time, wisely; "landing" well; and truly using this time for introspection and career self-direction (with their help, databases, coaching and guidance!). Good luck. Your next role might be your BEST role!

9. Deb AllenMay 12,2023 at 12:57PM UTC

   This is a rare offer, so take it. They may be trying to avoid severance and/or prolonged unemployment charges, but you still have the power to accept or decline any interviews/offers. Clean up your resume and start your own search but provide HR with a copy and ask them what their plan is.

10. AnonymousMay 12,2023 at 1:00PM UTC

    It is a great sign that your company is trying to help. Please accept the help, the job market is getting ugly and unemployment rate is going up and will continue to go up as it seems to be the solution to fight inflation. I am job hunting and trust me, the market is getting tighter. Good luck!

11. Valerie RiegerMay 12,2023 at 1:09PM UTC

    I think it's great that your HR group is trying to help you find other employment. I would advise you to take the help. A former employer presenting you to a potential future employer is a testament and compliment to you and the quality of your work.

12. AnonymousMay 12,2023 at 1:34PM UTC

    Update your resume and send to your HR team. My company did a round of layoffs about a month ago and offered placement assistance as well coaching along with severance packages and healthcare coverage for a period of time for the members impacted.

    Not all employers are jerks, some companies do really care about their coworkers and try to do what's best for them and the company, sometimes that means letting people go.

13. Karen BurkeMay 12,2023 at 2:27PM UTC

    Seconding this. Some will happily recommend employees they like in situations like this, and there are others who have programs to place you in new jobs. Update it and send it back!

14. Michelle S.May 12,2023 at 1:52PM UTC

    If they let you go due to funding, then that was a layoff, not a fire

15. AnonymousMay 12,2023 at 2:29PM UTC

    No funds means you were layed off and therefore, eligible for unemployment. They have the resume on file before you worked for them. Up date it (since you need to anyway) and if you like the company give it to them. There may be another department who would be very happy to hire you.

16. Montoya EvansMay 12,2023 at 9:22PM UTC

    They do not have your current resume which would include this job, description and title. Update your resume and give it to HR. Someone there may know of a position that is opening as they restructure or they have contacts in other companies.

17. AnonymousMay 13,2023 at 1:10AM UTC

    My thoughts exactly. Some of the best opportunities can come from a current (recent past) employers. They know the kind of employee you are, what kind of work you produce and if this is due to budgeting, then absolutely update it and return it. May save you a TON of legwork and time in finding another job. Hope it works out for you!!

18. AnonymousMay 13,2023 at 2:27AM UTC

    You have nothing to lose by updating your resume and giving them, you are going to need an updated the resume for your next job search. Also have you could have a conversation with them regarding other opportunities with the organization partners or affiliates. Stay focused and encouraged.