Telltale Layoff Signs


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The unemployment rate is gradually rising showing the first sign that the economy is clearing its volatility hurdle.  This sudden rise can also be contributed to the numerous layoffs in the last six to eight months.  Companies who laid off thousands at the start of 2001 are scheduling another round for later this year.   
 
Employees are sometimes shocked and dismayed by these unforeseen layoffs.  The truth is a layoff or shutdown is generally not some hidden secret. 
 
Problem signs…
 
A company does have various telltale signs of a potential layoff or shutdown.  Generally, a company who shows a combination of the following (not just one) is experiencing underlining problems:
 
 
As some individuals tiptoe their way to their desk, hoping to go unnoticed from managers with pink slips in hand, others are taking their career by the horns and preparing for their fate.
 
Proactive rather than reactive…
 
Preparation is your best defense.  Knowing how to handle this type of situation can be key to ensuring your mortgage gets paid, the kids are fed and you have something to do from 9 to 5.
 
 
Preplan your next career move.  Research related positions, salary, number of jobs available, peak hiring areas, etc.  This research will help you decide if you wish to stay in your current position or retrain.  By taking control of the situation – before it takes control of you – will make a huge difference. 


Author Teena Rose of Resume to Referral is a certified résumé writer, interview professional, and a credentialed career master.  Contact info available at: http://www.resumebycprw.com


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