On my birthday, the 23rd, while on vacation with my wife, we were about to head out for a special lunch when I received a message asking me to join an all-hands meeting that had been rescheduled. I thought it might be good news from our CEO as they were headed to a convention the next week and thought maybe thy wanted to get it out before they were busy with that. However, two hours later, I found myself jobless as my YC company laid off about 2/3 of its employees via an unexpected Zoom call. I was in the car with my wife, probably 15 minutes passed before I felt like I could drive us home.
I'm still in shock, feeling like everything is normal one moment and then suddenly remembering that I'm unemployed.
This is the first time I've been laid off in my 26-year work history. Living in rural Indiana, job opportunities are scarce with even the closest gas station being 15 minutes away by car. I'm 20 years into a 4-year degree with only 62 credits to show for it, which doesn't make me an outstanding candidate when there are gobs and gobs with degrees (and usually more varied experience).
I'm seeking advice on how to cope with this situation. How can I stay positive and avoid falling into a funk? How can I justify the high cost of COBRA health insurance with limited funds, so my high school teacher wife isn't burdened by my potential medical debt while being our sole provider? How do I fall asleep at night?
If you're experiencing this too, I'd love to know how you're handling it. Anyone know of a slack or discord acting as a support group for those recently laid off? Seeing others succeed would bring me welcomed hope I think.
I estimate I have about eight weeks before I'll need to take a job at the Taco Bell or McDonald's 16 miles away to make ends meet, ironically Taco Bell erroneously popped up in my LinkedIn job search results for about a month straight earlier this year, it's like they knew I'd need to be a "crew member" in the near future . I'm willing to do it, but I'm afraid I'll be stuck there for years.
I've already lost three pounds since the layoff, as stress has killed my appetite and left me feeling sick when I do eat. Anyone else?
Any advice or shared experiences are appreciated. I believe camaraderie can provide comfort during tough times like these.
Here's a tip from the book "How to stop worrying and start living" (Dale Carnegie): live in day-tight compartments. This means to focus on getting through one day at a time.
As others have already pointed out, you should be able to get onto your wife's insurance because you've just had a "qualifying event". In the event that you do need COBRA, you can enroll in it retroactively (just pay attention to the dates).
My current plan -- stay current on LinkedIn (indicate that you're "Open to Work", search for jobs through LinkedIn, apply to jobs, reach out to people in your network, etc.). I follow-up on emails and job search first thing each morning. Then I spend some time doing hobby software development to keep your brain fresh and maybe even pick up a new skill or 2. After that, I work outside or in my garage on other (unrelated) stuff. In my case, that's a combination of woodworking and metalworking. You need something to pass the time and ideally give yourself some exercise.
I highly encourage you to do stuff that will tire your body during the day. This will make it easier to sleep at night. You may also find that taking 5mg of melatonin may help too.
You will need to remind yourself over and over that you WILL get through it.
If you have other skills maybe try to make use of them. Did you ever do any painting or carpentry? If so, you can maybe pick up some odd jobs in your neighborhood if needed.
Good luck. Don't be too hard on yourself.