Laid off after 13 years - Manager, Applications Development Global Payments Employee Review

McKinsey was hired to evaluate the company value to shareholders, which resulted in mass layoffs of seasoned people and promotions of less-qualified individuals. I was a star-producer on a product that was very, very profitable. I was promoted from Dev to Management last year, was involved in the code base, and very respected and trusted by my peers. I do not take my layoff personally, as all my feedback from peers and management was glowingly positive. This was simply a case of lowering costs by getting rid of higher-paid professionals.