Third, when you’re currently employed, you have a mental account open. Being forced to quit caused all those people to close those accounts. We know that when you have an account open, it’s difficult to walk away. You feel like a failure, that you fell short, or that you gave up. There are so many cognitive forces working against you. But when there was this mass layoff, those people who were forced to quit got to close those mental accounts, wiping the slate clean.
