I was laid off from Enron last year the next working day after my son was born. They sent flowers to the hospital and a pink slip to my cubicle. And this was well before the meltdown in October/November of this year. I got a severence package, but we nearly lost our modest house and two ~$20k cars.
After doing some infosec work for some companies around town and then doing nothing at all because the market was so bad, I finally got on with an energy company doing contract work. My 3 month contract turned into 9 months because I busted my ass and went above and beyond the call of duty on many occasions. Then one day my contract was abruptly ended because of a problem. It seems a vendor contracted support person deleted some data intentionally because he thought it wasn't needed anymore, only to find out he just waxed 3 months worth of project data. And, due to a combination of oversight and hardware error, which had been previously documented to management, we didn't have the backups necessary to restore the data. I took responsibility for it, since it was my responsibility even with the extensively documented hardware problems, and they decided to let me go. I don't have a problem with that, but I do have a problem with how they handled it. After working 50-60 hour weeks for several months because they wouldn't spend the money to fix the problem, they just decided to let me go one day at 4pm. I had worked all weekend because we had a server crash and I was the on-call person, and then they just tossed me aside. They didn't even tell me or why I was being let go, but I ended up taking the blame for everything. I've been unemployed since, and I've interviewed once since then. They were really jazzed about my abilities and past work experience, but then hired someone else because they didn't want to pay for someone with my expertise.
In the last week I've done some consulting work, but not enough to pay my bills. And after taxes, it doesn't go far. I've started selling my personal posessions, which has helped. And just when I thought I didn't have any pride left, my mom and grandmother gave me their social security checks to help make ends meet.
Pride sure does taste like shit. All I want is a job. Unfortunately, with the impending doom in regards to energy companies, Houston may be headed to similar conditions during the oil bust of the 80's. The .com fallout already shook up the town, then Compaq laid off a couple thousand workers, then Enron collapsed overnight, and now every other energy company in town is under some sort of government scrutiny. Things do not bode well for the economy down here in the Bayou City. It looks like I may not be calling Texas home much longer.
Remember the Alamo, and God Bless Texas...