Last night was a rough night for a variety of reasons but this morning is almost sunny, birds are chirping away and whatever sort of insects there are that make noise are busy making noise.
I am, quite frankly, still having problems putting the events of last week into perspective. I know this is happening to thousands if not millions of others around the world. Hell, it’s happening to everyone in my department. An excerpt from an email a member of my team sent to me over the weekend:
Thinking back when we first started this, only a handful of people, you’ve literally put us on the map (so to speak) and basically started up the whole thing where it didn’t exist before.
And with the decision that came Tuesday, it simply undoes everything you’ve done for the last ~6 years, and I know it SUCKS!
Is that self-serving for me to post? My entire blog is an exercise in egotism, isn’t it? But it does suck. I’ve managed to keep this entire team together for six years and it wasn’t easy. Honestly, I don’t understand the economics of paying out millions in severance pay and out-sourcing to a company that charges more per person than was being paid to staff; I don’t understand the benefits of letting go of hundreds of employees who have years of experience and detailed knowledge of how a company operates and replacing them with consultants and contractors who have little if any vested interest beyond how many billable hours they can get each week; I don’t understand why it makes sense to hold onto the executives who made the bad decisions that got us into this mess and let go of the people who executed those orders in good faith.
Shared misery offers little, if any, consolation. I confess that I somewhat subscribe to the Mel Brooks 2000 Year Old Man theory of comedy and tragedy – comedy is you fall off a cliff, you get eaten by a tiger; tragedy is I break a nail, I stub my toe.
I didn’t have my first suit and tie, corporate job until I was 36 years old. Since then, I’ve worked for six different companies. On average, I stayed at a job for about three years, and with one exception I worked for very famous companies. When I leave this company in November, I will have been with them for just over eight years. I have major accomplishments I can look back on with pride. If no job is perfect, at least this was a company with products I not only enjoyed, I took pride in them. I loved the reaction I got whenever I gave someone my business card. Despite the more than occasional frustrations, I was hoping this would be my last job, to ride this one out for another 5 years before having enough socked away for a vaguely comfortable retirement and calling it quits. That’s not going to happen now. I find myself, like millions of others, about to be out of work in the worst global economy in 70 years. My age is also a disadvantage and may outweigh the significant experience I have managing staff and projects in almost every country in Asia Pacific across a variety of business sectors. I can look at this as an opportunity, to make a career change, to start my own business of some sort, but haven’t made any decisions yet on what direction I should follow.
The deal is structured in such a way that if I remain until November 1st, I will receive a truly golden parachute. If I leave before then, I get nothing. With seven months to go, that limits the immediate steps I can take. I’m trying to network like crazy – phone, email, Facebook, LinkedIn, etc. But there seems to be little sense in my blitzing the headhunters and job boards this early.
One proactive step I plan to take immediately is to resume my Putonghua studies, which I started four years ago at Fudan in Shanghai. I actually did pretty well at the time (long time readers of this blog may recall that during that period I had a girlfriend who didn’t speak any English) but I’ve forgotten more than I remember. At this point, if pressed, perhaps I remember just a couple hundred words and characters. Instead of moaning about being monolingual and how that’s a disadvantage in job searches here at the moment, I’ve got seven months to do something about it. If anyone wants to recommend a school or a tutor, please do – preferably Hong Kong side, MTR-convenient.