Where do you live? Plattsburgh, N.Y., recently moved to Bozeman, MT.
What was your last job title? AVP, Director of Managed Accounts
In what industry? Investment Management
How old were your coworkers? Similar in age to me -- 36 to 45.
How did you find out you were losing your job? The consultant I brought in to help went to my boss and told him he could do my job for half my salary. The consultant firm was angry so they called me to tell me, before my boss did.
Did you have to leave immediately, or did they give you a few weeks to get used to the idea? 5 weeks notice, and I had to help my replacement get "up to speed" or they wouldn't pay my crappy severance. (After 15 years)
Tell us a little about what you did: I managed the firm's entire "separately managed accounts" program. I started with 30 accounts in 2001, and figured out how to run 4500+ accounts without hiring the correct amount of staff (i.e. I worked 12+ hours per day)
What was your favorite part of the job? Challenging, unpredictable work flow, always changing.
What was the worst part? Same.
Did you like going to work? Yes.
Did you feel like you were making a difference? Yes.
What have you done since you've been laid off? Collected unemployment, while sending out over a hundred resumes while hearing almost NOTHING back.
How do you spend your days? Searching for jobs, taking care of the kids, making dinner, and cleaning the house.
Have your spending habits changed since you've been laid off? (Have you cut back on anything? Given up coffee?) We've cut back on EVERYTHING. We only buy what's on sale now, we save NOTHING for retirement, we drive old cars, and we don't even dream about vacations.
Do you have big financial worries -- kids in college, etc.? I am about to lose my home, Citimortgage doesn't help, even though they pretend to.
Do you have a spouse who works? Yes
How many jobs have you applied for since you've been laid off? 55
Are they in the same part of the country or a different part? Different part.
What kind of job are you looking for next? Will it be in the same field or a different one? Why? Currently, I am looking for ANY job. Don't care what it is. I will take almost anything.
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