Anyone else getting laid off?

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Regular Member

Date Joined Oct 2005
Total Posts : 279
   Posted 5/4/2009 7:27 PM (GMT -6)   
Anyone else being laid off?
As of 5/15 I will no longer have a job. I've worked for GE financing dept for over 8yrs and now I've been laidoff. I've elected the severance pay,1year of medical and $9000 towards school. Im sad but not real sad. Im only 28, so Im gonna go to school to become a medical office manager. Im excited about going to school, I feel like its a fresh start!
Keep me in your prayers that things go well!
God Bless!

Major car accident 07/02

On going back and leg problems

DX with fibromyalgia 10/05

Goal in life:

To go bra less as much as I can!

Veteran Member

Date Joined Nov 2007
Total Posts : 6795
   Posted 5/4/2009 11:02 PM (GMT -6)   
Hi, J_Rene,
I was laid off in 12/07, but I'm quit a bit older than you. I'm glad you got a good severance package. You may want to check into the new recovery act ( to see all that might be available to you. For example, the government is paying 65% of the COBRA premium for people laid off after 9/1/08, so you'd be eligible.

It's great you can see this as a new beginning! I wish you all the best.


White Beard
Forum Moderator

Date Joined Feb 2009
Total Posts : 3602
   Posted 5/4/2009 11:10 PM (GMT -6)   
You sure sound like you have the right attitude and with that you can not lose! Good luck to You, and I also wish you all the Best!

White Beard
  I'm Retired USAF, went back to school and became an RN, and now am on full disalbility!--Degenerative Disc (affecting mostly the thorasic disc but all levels involved), C6/7 laminectomy/diskectomy& fusion, Osteoarthritis, Ulcerative colitis, Chronic Pain, Fibromyalgia, Complex Sleep Apnea, and host of other things to spice up my life!(NOT!) Medications: Oxycontin, Percocet, Baclofen, Sulfasalazine, Metoprolol, Folic Acid, Supplemental O2 at 3lpm with VPAP Adapt SV

Veteran Member

Date Joined Jan 2005
Total Posts : 9090
   Posted 5/4/2009 11:52 PM (GMT -6)   

What a blessing in disguise. Your attitude is admirable and I know we'll all be so very proud of you when you share with us your successes at school. We believe in you!

Co-Moderator Fibromyalgia & Chronic Pain Forums
Fibromyalgia, Ulcerative Colitis, Insulin dependent diabetic, PTSD, dermatitis herpetiformus, osteoarthritis and a few other side dishes.
Happiness is something to do, someone to love, and something to hope for."

Veteran Member

Date Joined Dec 2008
Total Posts : 773
   Posted 5/5/2009 8:24 AM (GMT -6)   


You have turned a negative into a POSITIVE, with your attitude I have no doubts you will come out on TOP!

Good luck with School and keep us posted!  Like Chutzie said we BELIEVE in you!


Veteran Member

Date Joined Apr 2009
Total Posts : 536
   Posted 5/5/2009 9:54 AM (GMT -6)   
I am sorry to hear about you being laid off. But you did seem to get a good package. Goals for going to school is sure the way to go. That is really great. Do it while you are young. Don't let anyone or anything stand in your way. Go for it full force and you will always be glad you did. You have the right idea. Hang in there and keep your head up. I wish you all the best.

Veteran Member

Date Joined Mar 2008
Total Posts : 2976
   Posted 5/5/2009 7:24 PM (GMT -6)   

Sorry to hear that you lost your job, that is certainly tough in this economy. But it sounds like it ma actually be a good thing for you! And it is fantastic that your old company will pay for part of your schooling as severance! You go for your dreams!


Veteran Member

Date Joined Apr 2008
Total Posts : 1522
   Posted 5/5/2009 7:29 PM (GMT -6)   
Wow, if I get laid off after almost 10 years here, I get nothing!

That's is a fantastic severance package. I so glad you are making the most of it.

Veteran Member

Date Joined Jul 2008
Total Posts : 2268
   Posted 5/5/2009 7:39 PM (GMT -6)   
The financial services industry is really tough right now. I lost my job in that industry in April. Fortunately, I also got a pretty good severance package (though I only got 60 days medical, not a full year -- that's really good). I think it's great that you're looking to train for a more stable industry. I'm looking to get into a new industry myself, though I'm not sure what yet.

Since your employer is covering your medical, you can't get the COBRA continuation coverage, but another member pointed out to me & I found it to be true that if you get a lump sum severance payment, you can still collect unemployment. You have to apply within a certain time of losing your job, so I would suggest going through with that as soon as you collect your last paycheck & severance monies. Then, you won't have to dip into your severance pay as much & it will last for longer. Take every advantage of everything possible since there are no guarantees in this market how quickly after graduation you will be able to find work. The medical industry is a pretty good place to find jobs right now, but still...

best wishes,
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