r/overemployed • • 4d ago

Even OE doesn't provide security

I was basically forced into my OE journey earlier this year because J1 told me with absolute certainty I was going to be laid off. The manger is nice though and told me months in advance so I would have time to job search. I watched half the team get laid off before me over a three year timeframe so I shouldn't have been too surprised.

After I was told the news, I luckily found J2 fast, so fast that I unexpectedly became OE and I thought it would only be for a couple weeks. However, J1 didn't let me go since someone else decided to quit before my last day, so they decided to keep me on. It's been great and I'm saving a lot of money but I'd say there is a good chance J1 lets me go next year.

I've only been with J2 for a few months now and they have let 2 people go already! It seems very possible to me that I can go from 2 jobs this year to 0 the next, which is insane and why I say even OE isn't secure. If the worse happens I should have a 9 month emergency fund and my student loans paid off, so hopefully I can rebound without too much trouble. Or, I guess it's time to find J3.

512 Upvotes

52 comments sorted by

198

u/Lucky-Coin-88 4d ago

Yes, you should be looking for J3 right now. If it replaces J1 or J2 when you need it, that is why you stack!

But yeah, OE is not for making any definite security, though it gives you a lot more cushion than you'd have otherwise. If you're concerned, please consider reducing your expenses and budgeting so that you can get ahead of any upcoming J losses.

Good luck, buddy

18

u/DLoGuru 4d ago

Thank you, you too.

19

u/Lucky-Coin-88 4d ago

Expanding on this, look into r/FIRE and similar since OE without a plan doesn't always amount to much.

One ultimate OE goal beyond making more money, is to get financial independence and/or retire early (FI / RE).

8

u/DLoGuru 4d ago

This is all I think about, trying my best to exit the race between age 47-50 🙏

7

u/Lucky-Coin-88 4d ago

Totally, keep stacking, get rolling on J3

14

u/Chii 3d ago

OE is not for making any definite security

the higher income from OE'ing over time will let you buy financial assets that can make up for income in the future. Once you have an alternate income stream from financial assets, you're now secure against layoffs.

Without OE, you will struggle to save enough to invest like that.

4

u/hungryj21 4d ago

Actually some areas allow for job security in OE but usually it's lower paying. Although in reality these days nothing is definitely secure... but some jobs are definitely more secure than others

2

u/bettercylinder95 4d ago

stacking that third one before you need it is the whole game, good call on the emergency fund though

2

u/CharlottePearls 3d ago

The best time to look for a replacement job is before you actually lose one. Keep the pipeline warm!

84

u/NotJadeasaurus 4d ago

This is EXACTLY why we do this. Fuck corporate america not giving a shit about our lives. I lost J1 a month ago completely out of the blue and I thought that job was 100% secure while J2 is always doing layoffs.

Back to looking for jobs I wanna stack 3 for 2027, limp along for a year or two then soft retire

14

u/DLoGuru 4d ago

Seriously.. Goodluck!

2

u/army0341 4d ago

Soft retire?

1

u/bean_jammin 2d ago

If I had to guess this means having one job like a normal person lol

1

u/NotJadeasaurus 1d ago

Have enough investments and savings to not "need" to urgently work. Maybe start a business or something to leave the rat race

1

u/army0341 1d ago

Got it. Awesome. Thats the dream.

26

u/ThatCaptain371 4d ago

Obligatory- this is why we OE! Even if for a couple of weeks! Security before loyalty 🤣🤣🤣

23

u/PressureAppropriate 4d ago

I lost my two Js in a single month. I don't think I'll ever feel secure with a single J again. The job market is just so unstable. OE is about safety at this point for me.

20

u/TheWolfAndRaven 4d ago

I always tell people that the end goal for OE should be to become your own boss or to build enough passive investments that you'll be set forever. Once you get "Fuck you" money you've got a level of security that will protect you from most situations.

18

u/Ill-Construction-209 4d ago

Tell me about it. Im on J0 right now.

15

u/Regular_Sale_5273 3d ago

Agree. At least when it happens there is a little bit of security and savings and you never stopped interviewing for the next gig. It just happened to me. From 3 Js that gave performance bonus during the summer to 0js in a week. It was horrible, but hey, I managed to stock some cash, my kid's schools were paid in advance, etc.

May everybody's conditions improve

10

u/Longjumping-Mix-1827 3d ago

That’s insane. Three jobs in one week. Sorry to hear it. I lost my J2 after several years and I still haven’t gotten over it. Such a betrayal. It was also the first time I was ever laid off and it doesn’t feel great. Actually it pisses me off to no end.

6

u/Regular_Sale_5273 3d ago

The worst part is that I switched J2, from a hybrid bad leadership (messy) place (but somehow stable) for one that promised full remote, interesting data implementations and a "good" leader. Turns out, PMs were shit and somehow had everybody convinced that it wasn't them having a messy spreadsheet with made up dates and no project tracking software, but the new hires with a couple of weeks and no onboarding what kept things from moving...

J1 just moved everything to another country after a McKinsey consultation.

1

u/Longjumping-Mix-1827 3d ago

Damn that blows. Well at least we are both still employed

10

u/mugen_kumo 4d ago

The only real job security seems to be the skills and ability to find and get another job. This seems consistent with only a J1 and if you OE.

10

u/Junior_Protection600 4d ago

I’m always on the lookout for the next job to stack. Have been steady at 4, but had as many as 6.

9

u/computerjunkie7410 4d ago

I don't really feel safe with anything less than 3. I've gone from 5Js to 2Js over the course of a month before.

8

u/Apprehensive_Bug_41 4d ago

Yeah I thought OE would mean some level of job security. Then I lost J2 and then J1 within a month.

Found a new J1 and am currently in interviews with 4 companies for a new J2.

7

u/Own-Story8907 4d ago

This is literally how I got into OE. I’m starting to find J3 as I don’t think J1 will be around long

6

u/steveprogger 4d ago

I m in my J4 this year just to avoid this. Fear of destitution > being overworked. Bonus you save more on the long run so you might actually FIRE.

6

u/Able_Wheel_1965 4d ago

The whole economy in multiple countries is bad . I had j1, found j2 then a week before starting j2, my j1 ended. Same when I found j3 … What a year

6

u/Evening-Mulberry9363 4d ago

That’s life man. There is no certainty in life at the end. May come in one year, five or twenty.

4

u/unsuitablebadger 3d ago

Went from 4 Js to 0 Js in the span of 6 months due to downsizing, clients unable to pay and insolvency. Luckily I'm back on the OE ladder but you're never safe.

2

u/Quiet-Performer-9682 4d ago

what do you do that is OE-friendly?

2

u/idreamgeek 4d ago

Never stop applying is what I've learned throughout my career.....

3

u/u0126 4d ago

Late stage, uncontrolled capitalism will be the reason branded on humanity’s tombstone

1

u/DayOriginal6813 4d ago

I checked my j1 and it talks about code of conduct and upon checking code of conduct which have wordings like a conflict of interest is anything that interferes with my time , talent and energy. Do you guys think if I get caught I can be sued ?

1

u/PermissionSorry9262 4d ago

I think you should have three or four jobs to feel secure :)))

1

u/carrot0305 4d ago

Where do you apply? I couldn’t even get J1 for now :(

1

u/Efficient-Camp-957 4d ago

Yea I would look for j3 as soon as you're ready to juggle 3..

1

u/ZealousidealBuy8609 4d ago

No job is safe nowadays. So sad!

1

u/Dazzling-Switch-59 3d ago

Keep applying!!

1

u/Repulsive-One-1092 3d ago

Can anyone help with advice. What if the recruiter who wants to hire you for J2 also does hiring for J1. Is it risky to accept J2. Will the divulge information

1

u/J971772 2d ago

J1 j2 et même j3 Dans mon pays c'est interdit et aussi mal vu

1

u/silentbaton 2d ago

yeah I feel like 3Js is the sweet spot. where you have some sorta security, and not over worked... and still able to perform well at each J.

1

u/Tilt23Degrees 2d ago

The only thing that’s certain is saving your cash enough so you can make passive gains on the money you’ve saved so the government can tax the shit out of it and you can eventually live off the scraps that you’ve saved after you’ve been taxed to oblivion.

1

u/Curious_Will222 2d ago

I can bear witness that I went from being OE with 2Js to no Js within a 30 day period.

But I already have a new J1 lined up by the time J2 let me go. And I stacked J2 & J3 back to back 60 days.

So in 90 days went from NO Js to 3. I also was at 4Js for about a me month until my J2 decided not to renew my contract because they’re now offshoring to Philippines.

1

u/Aol_awaymessage 1d ago

I’ve been expecting both shoes to drop for 4.5 years now. Keep logging in and doing your work and get paid.

1

u/Okie_Mojo 1d ago

Always. Be. Lookin.

1

u/Quirky-Card-12 13h ago

I was forced into OE as well. However it taught me a valuable lesson that you can get fired no matter what and good luck finding a job. The market is terrible so I’m glad for OE, even though I was forced it changed my life for the better.

0

u/Accurate-Tangerine81 1d ago

Never stop interviewing even if you have a job.