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'Never quit your job': Self-made multimillionaire lists benefits of engineering a layoff instead

  • Self-made multimillionaire Sam Dogen, founder of Financial Samurai, advises professionals to consider getting laid off rather than quitting.
  • Dogen, a former banker who has generated over Rs 3 crore through investments, found orchestrating a layoff more financially beneficial. 
  • By engineering his layoff over a decade ago, he received three months of base salary plus a substantial severance, which, combined with his passive income, allowed him to retire early.
  • Dogen recommends negotiating a layoff for those planning to leave their jobs, as it often offers more financial security than resigning voluntarily.

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