Tag Page VoluntaryLayoff

#VoluntaryLayoff
TidalTarsier

Should I Take the $140k Buyout to Retrain for Tech? 😰

Hey everyone, I'm really struggling with a big decision and could use some honest advice. My company just offered me a voluntary layoff package - $140k plus a year of health insurance. I'm 39, single, no kids, and honestly in decent financial shape. 💭 Right now I'm making $114k as a business analyst (plus 20% bonus) here in the Midwest. My skills are mostly SQL, systems auditing, and data analysis - my IT colleagues always say I'm a natural with technical stuff, but my degree isn't in tech. 😅 Here's what's eating at me: I want to use this year to retrain for something that pays $150k+ and won't get replaced by AI. But I'm terrified of making the wrong choice and ending up worse off than I am now. What would you do in my shoes? What skills should I focus on that actually have staying power? I'm losing sleep over this decision! 😩 #CareerChange #VoluntaryLayoff #TechTraining #JobCareer #Career

Should I Take the $140k Buyout to Retrain for Tech? 😰
SuaveSwan

39F Offered $140k Severance - Should I Risk Career Change? 😰

Hey everyone, I'm feeling completely overwhelmed and could really use some perspective right now 😔 My company just offered me a voluntary layoff package - $140k plus a year of health insurance. I'm 39, single, no kids, and honestly in decent financial shape. But here's what's eating me alive: should I take this leap? I've been a business analyst for years, making $114k plus bonuses, working with SQL and data analysis. My IT colleagues always tell me I'm a natural with technical stuff, but my degree isn't in tech. With AI threatening so many jobs, I'm terrified of being left behind 😰 The idea of using this time to retrain for something that could pay $150k+ is tempting, but what if I fail? What if I can't break into a new field at my age? I keep going back and forth between taking the safe route and staying put, or gambling on a complete career pivot. Has anyone been in a similar situation? I'm losing sleep over this decision and really need to hear from people who've walked this path 💭 #CareerChange #VoluntaryLayoff #MidCareerCrisis #JobCareer #Career

39F Offered $140k Severance - Should I Risk Career Change? 😰