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	<title>Inflexion Point &#187; recently fired</title>
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		<title>A Tale of Two Shittys</title>
		<link>http://inflexionadvisors.com/blog/2008/12/01/a-tale-of-two-shittys/</link>
		<comments>http://inflexionadvisors.com/blog/2008/12/01/a-tale-of-two-shittys/#comments</comments>
		<pubDate>Mon, 01 Dec 2008 21:16:54 +0000</pubDate>
		<dc:creator>Mark Stelzner</dc:creator>
				<category><![CDATA[General Thoughts]]></category>
		<category><![CDATA[darwinian]]></category>
		<category><![CDATA[dickens]]></category>
		<category><![CDATA[laid off]]></category>
		<category><![CDATA[recently fired]]></category>
		<category><![CDATA[tale of two cities]]></category>
		<category><![CDATA[unemployed]]></category>

		<guid isPermaLink="false">http://www.inflexionadvisors.com/blog/?p=142</guid>
		<description><![CDATA[Good for you&#8230; you&#8217;ve gotten past the title and decided to read on. And yes, it has been one of those Mondays. Let&#8217;s take a peek behind the curtain to see how today&#8217;s story has been playing out: SCENE BEGINS IN THE OFFICE OF INFLEXION ADVISORS, WASHINGTON, DC. IT&#8217;S THE FIRST MONDAY AFTER THANKSGIVING HOLIDAY [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft" style="float: left; border: 1px solid black;" src="http://www.victorianweb.org/art/illustration/2cities/14.2.jpg" alt="Tale of Two Cities" width="100" height="105" />Good for you&#8230; you&#8217;ve gotten past the title and decided to read on. And yes, it has been one of those Mondays. Let&#8217;s take a peek behind the curtain to see how today&#8217;s story has been playing out:</p>
<ul>
<li>SCENE BEGINS IN THE OFFICE OF INFLEXION ADVISORS, WASHINGTON, DC.  IT&#8217;S THE FIRST MONDAY AFTER THANKSGIVING HOLIDAY AND MARK IS DRINKING RIDICULOUS AMOUNTS OF COFFEE.</li>
<li>*phone rings*</li>
<li><span style="text-decoration: underline;">Mark</span>: Inflexion, this is Mark.</li>
<li><span style="text-decoration: underline;">Caller</span>: Hey Mark, this is (exec from large firm).  Hope you had a great holiday!</li>
<li>(2 mins of pleasantries discussing dysfunctional family antics, rough travel and leftovers)</li>
<li><span style="text-decoration: underline;">Caller</span>: Well, we just laid off (person/function/business unit) and we&#8217;re not going to pursue (strategy/initiative/idea) after all. Man, I can&#8217;t believe the axe came down so hard. Of course we have to adjust for the (economic downtown/stock market/shrinking client budgets), but this is pretty rough, especially around the holidays.</li>
<li><span style="text-decoration: underline;">Mark</span>: (vomiting quietly into office trash can) That&#8217;s really rough news. What are you guys doing to support those who were termed?</li>
<li><span style="text-decoration: underline;">Caller</span>: No idea, but I heard the packages are pretty bad. You think I might be next???</li>
<li>(call segues into self-preservation discussion, what I&#8217;m hearing in the market, if anyone is hiring, etc.)</li>
<li><span style="text-decoration: underline;">Mark</span>: Did anyone on the exec team see this coming?</li>
<li><span style="text-decoration: underline;">Caller</span>: I mean sure, we knew things were bad but didn&#8217;t really see the (shining red flashing *danger* light/need to adjust exec comp/evening news). Well, let me know what you&#8217;re hearing out there and take care.</li>
<li>END SCENE</li>
</ul>
<p>Just repeat that over and over again and you&#8217;ll get a sense of my day. Which brings me to our two &#8220;shittys&#8221;:</p>
<ol>
<li><span style="text-decoration: underline;">The Market Is Going to Get Worse</span>: I&#8217;m not an economist but I am a realist. Given that most of the calls I received aren&#8217;t yet public, I sense that the cascading effect will continue through at least the remainder of the year, and likely longer. We need to strap in for a bumpy ride and prepare for rough waters.</li>
<li><span style="text-decoration: underline;">People Aren&#8217;t Taking Care of One Another</span>: This one is really shitty. Times are tough, most people are struggling, and I typically see attitudes of self-preservation taking hold. This isn&#8217;t even Darwinian, as the fittest aren&#8217;t necessarily the ones who are surviving. I&#8217;m seeing behavior that under normal circumstances would be considered abhorrent. Which begs the question &#8211; Have you done anything to help someone out, including just placing a call and letting them know you&#8217;re there if they need a shoulder or ear?</li>
</ol>
<p>Believe me, I know there are more than two out there. I think what I&#8217;m finding so difficult to swallow is the instant invisibility that comes with unemployment. Friends and former colleagues don&#8217;t reach out because the recently disenfranchised embody the fear that comes with joblessness. The Golden Rule still applies people, so befriend someone in need, stop being selfish and let&#8217;s keep the conversation going.</p>
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