We need to let you go

Hey guys,

I was announced on Friday that it wasn’t going to work out at my current firm and that I would need to start looking to transition somewhere else. I need some advice.

The situation now is that they are letting me stick around for a few months to finish the deals I’m staffed on and they are willing to help me transition to a new job and give references. I have already started leveraging my network and I have a few interviews setup already.. but how should I be spinning this?

Do I say I am looking to change firm? Do I say that I was let go? Do I ask my firm to give me a reference? (isn’t that weird since they are letting me go?)

Thanks guys,

 

Take the reference (albeit from a verified source in the company). If they truly didn't like you, they wouldn't have offered to provide a reference in the first place. It seems like a peaceful "things didn't work out, but we wish the best for you" situation.

Having been a manager at a larger company, we would either provide a positive reference or not give one. Negative references are very litigation prone if the party you prevented you from seeking employment elsewhere finds out... they can sue for slander. This is because job under-performance is hard to prove in court and really comes down to hearsay. (Unless it's a clear cut case like you tested positive for drugs or there's a police report of you laying a giant mud snake on your boss's desk).

You seem like a smart (enough) guy, get creative and come up with a transition story. You really liked PE, but early stage companies are were where your true interests are.

"A man can convince anyone he's somebody else, but never himself."

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