Great thread!
I hit my number in early 2021. We were all remote so I moved permanently to our retirement property, sold our condo for a nice six figure profit, and figured I would resign when we returned to in person work.
In May, 2021 I and four other men around 50 were "reduced in force." So instead of quitting I got 13 weeks of fully paid severance, and unemployment (which they reduced in my check, lol). They reorganized my former team and spread out the management responsibility to the managers they had left. So lower cost for the company and more work for the people they left. A manager should have about seven direct reports to be effective. The largest team was now 130 people for one manager. Have fun approving 130 timesheets, PTO requests, and doing 130 one hour performance reviews at year end.
Keep in touch with my team and since May,
One manager took a promotion to director
One manager took a lateral to another team managing 10% of the people she had before
One manager left for a competitor
The last manager went out on medical leave because she was trying to work 24/7 and meet unreasonable demands.
There are now zero managers left and one director, who told me he's ready to retire, and is calling it in.
With this much instability the team we had is all finding better jobs, or working as little as possible because there's no one left to tell them what to do. Offshoring of jobs is also in the mix and to the surprise of no one, offshore productivity is less than ten percent. They are trying to replace Americans with 20-30 years of experience with new hires in India fresh out of University. So as a result some of those jobs are coming back to US, and they've now got a ton of openings they can't fill (small talent pool).
So I got a wonderful going away present instead of resigning, and team basically disintegrated over the next six months. I lost 40 pounds and went from 10 medications to two. Picked up a PT gig doing 10-20h/week as a 1099, no management and no stress, and I'm adding value.
And finally, they decided to reformat the office space to be completely hoteled. This is where you don't have a specific desk of your own, no lockers or offices, you have to sit at a different place every day. Everyone hates it and can't find anyone when they need to, and I hear the office is a ghost town because no managers to make people work there. They announced back to office a few weeks ago and 95% of people just ignored it.