I was pulled aside by my boss yesterday and I was told that I had 30 days to find a new job, either internally or externally. My position is being eliminated, so it has nothing to do with my performance. I've been in shock since then and afraid of what will happen over the next 30 days, as well as what I should do in case I don't get a job by then.
As the title says, I've also been counting on tuition reimbursement to pay for at least part of grad school, so if I continue school, this will be a major blow to my finances; even if I get a new job at the same salary (which seems unlikely for various reasons - according to Glassdoor, I'm actually overpaid in my position), I probably won't get the same tuition reimbursement benefit, so it's effectively a huge pay cut.
I was fortunate enough to sell a condo earlier in the year, leaving me with a sizeable emergency fund - I could live at my current standard of living, minus fun money, for a year off of savings if I had to, but I'd really rather not drain my savings like that, especially because the money was also my backup grad school fund. My apartment is my biggest expense by far and I'd be willing to downsize if the lease breaking fee wasn't so big (~$3000). I can post my budget if it would be helpful. I use YNAB religiously.
I also have pre-existing medical conditions that require medication daily, and I'm afraid of losing my insurance.
I'm based in Michigan if that makes any difference. I already looked up unemployment payments and it's abysmal.
What are the best things for me to do over the next 30 days, and if the worst case happens, 31+ days from now?
Submitted December 08, 2018 at 04:15PM by GreenDayPackers https://ift.tt/2G7MSHA
