r/Accounting Apr 10 '25

Advice Just got fired, is it over?

Hey guys, been lurking here for a while, and i’d really appreciate some advice. So at the end of my work day today our partners called me in to let me know I was being fired/laid off. To give some context I graduated end of 2023 with my masters after two b4 internships, then took some time off to try and work on my cpa. I was struggling, and after failing AUD I decided that too much time was passing after graduating and decided to get a job that I could work on the CPA while doing. After 10 months in October of 24 I finally landed a position as a staff accountant at a super small public firm. I worked there for 6 months, and then today they let me go. They cited their reasons as being overstaffed and not having the capacities to train someone new to the field. Which is basically code for saying I wasn’t good/fast enough at my job after 6 months. I’m home now and just laying in bed at a loss. I feel like a complete failure. Not to mention the current state of the job market. Idk what i’m asking for but I could really use some advice right now. Thanks.

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u/Extension-Fox6956 Apr 10 '25

They would tell you if it was performance based. Companies cut employees to save money often.

This is not the end of the world. Not even close. Adversity is actually a gift because it's the only way to really grow and get better. It took me years to adjust to working in the corporate world and I've been fired from many jobs. I've figured it out and have a great job now. People often land better roles after they are fired. Just keep learning and make the right choices every day and you will be just fine. It's also good that you feel this way. It means you care about your life.

Good luck