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Things have been…interesting…at Twitter since it was purchased by Elon Musk in October of 2022. One significant reason for this is the layoff of at least 60% of its staff. If you are one of the approximately 1,300 employees still working with Twitter, recent months have likely been destabilizing. Assuming you’ve been with the company since at least October 2022, you’ve survived layoffs amounting to roughly 80% of your colleagues, teammates, and even friends. It’s safe to assume you’ve lost sleep wondering whether you’re next…and more to the point, if you are, what happens then?
Our Five-Step Framework
At Cerity Partners, experience has taught us that a financial plan can provide a framework for managing diverse situations, whether you’re strategizing how to make it through a temporary rough patch or planning for a life-changing windfall. Here are the steps we recommend to balance competing priorities and make informed decisions now and going forward.
The uncertainty and stress of the recent Twitter experience have left many employees grappling with difficult questions about their future employment and financial stability.
By taking proactive steps to plan for new opportunities and navigate the shifting landscape of the tech industry, you can position yourself for success and emerge stronger from this experience. So, what’s your plan? The experts at Cerity Partners are here to help you consider your options and take the necessary steps to achieve your goals. Don’t let uncertainty hold you back – take action today and start building a brighter future for yourself.
Myles is a Partner based in the San Francisco office. He provides investment and financial planning advice to help clients achieve their short- and...Read more
Cerity Partners is not contracted with, endorsed by or affiliated with Twitter, Inc.
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