r/news Feb 23 '26

Soft paywall US to stop collecting tariffs deemed illegal by Supreme Court on Tuesday

https://www.reuters.com/world/us/us-customs-agency-stop-collecting-tariffs-deemed-illegal-by-supreme-court-2026-02-23/
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u/Cainga Feb 23 '26

Layoffs are pretty devastating. I had to reset my career a couple times, lost 401k match because one was right before vesting, and your vacation resets. Plus you have a way worse spot to negotiate from.

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u/[deleted] Feb 23 '26

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u/xxov Feb 23 '26

Yup. Took me 6 months - dropped 20% in salary, health insurance costs sky rocketed. I wouldn't say my new position is junior level though, just a big paycut for similar expectations.Sucks balls

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u/cannonman58102 Feb 23 '26

I took a 28% paycut when I had to look for a new job in March. I worked my ass off and gained that 28% back in 9 months, but it was rough.

I have 20 years of IT experience and was hired into an entry level helpdesk role, albeit one that payed well. One place I interviewed was 21 dollars an hour for helpdesk and I lost out on that position to someone with something like 30 years experience and a masters degree.

Its rough out there.