After returning to work from my business trip, I found out that my company ended up laying off 7 employees (1 more than my manager told me). I was surprised by a couple of the employees chosen for the reduction in force, especially a woman who had been with the company for nearly 20 years and appeared to be a hard worker.
It's never a good time to be let go, but right before Thanksgiving has to be one of the harder times of the year to lose your job. Many companies operate on a skeleton crew during the holiday season because everyone is on vacation. I have to think this is not an ideal interviewing time, especially with the unemployment rates increasing because of the economic downturn. I hope they are able to find new jobs quickly.
I learned that the employees were given 1 week of severance for each year of employment. Should the worst ever happen to me, it's comforting to know that I may get the same package. That would be ~7-1/2 weeks of severance for me. I’m going to work my tail off to ensure that it never comes to that though. God willing.