Retrenched at 25
yes as per anticipated, my company was sanctioned and boom we zup almost immediately
so like all my colleagues, I was retrenched. TT
sounds heavy telling everyone I have been retrenched, and people look at me with sympathetic eyes 😂 but is is the end of the world? for me, no. I have no mortgage, no car loan, no kids, no parents reliant on me, and a cushy amount of savings so I will be okay for a while.
But I’ve got to say, job market is really so so bad right now, theres not many jobs going around and too many job seekers competing it. My guess is that with AI taking up jobs of many, war oil prices driving up costs of living and uncertainty in the market, so most people are sticking to their safe pay-check jobs and that leaves us with lesser movement in the job market, less openings for the ever growing job-seeker population. (its probably worse for all the fresh grads out there :”) ,, so u all jiayou la hor)
i feel like this is my cue to say corny stuff like “upskill”, “learn AI”, blahblah but tbh I m lazy la so I wont ask whoever is reading this to do things i dont do myself.. so sorry no motivational talk here..im just a girl writing a money blog diary thing…
Maybe when i figure out what to do for myself, i will be able to give more insightful tips, until then, may we all survive in this economy 🤧🤧
Being retrenched at a young age can feel like a huge setback, but it also presents a unique opportunity for self-reflection and growth. In my experience, maintaining a financial cushion made a significant difference in easing the initial shock. Without major financial commitments like a mortgage or dependents, it’s easier to focus on recovery and planning the next steps without panic. The current job market is undoubtedly challenging. Automation and AI continue to reshape industries, reducing certain entry-level job opportunities, while global events like conflicts and fluctuating oil prices increase economic uncertainties. These factors often cause companies to hold back on hiring, making it extra competitive for job seekers. Fresh graduates and young professionals might find it especially tough to break in, but patience and strategic actions can help navigate these obstacles. Although there’s constant advice about 'upskilling' and 'learning AI,' it’s honest to admit that motivation fluctuates. Sometimes, the best approach is to start small—explore online courses that genuinely interest you, attend virtual networking events, or even volunteer to build new skills without pressure. Additionally, maintaining mental and emotional wellbeing during this period is crucial. Talking openly about your situation with friends or communities facing similar challenges can provide support and encouragement. It’s okay to take time to process the change before making big decisions. Lastly, seeing retrenchment not just as an end but as a chance to reassess what you truly want in your career can be empowering. Whether it’s switching industries, starting a side project, or developing a passion into a profession, this time could be the start of a fresh journey. Survival in today’s economy is tough, but resilience, honesty, and a little flexibility can go a long way in turning a difficult chapter into a hopeful new beginning.
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