Posts tagged as:

Layoffs

How Much Could You Reduce Your Budget if You Get Laid Off?

In this economy, even if you think your job is safe, you’ve gotta at least have in the back of your mind, “What are some immediate steps we could take to dramatically reduce our monthly expenditures in the event of a layoff?”.  While many companies offer severance for several months, there’s no guarantee that you’ll […]

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Why I Passed on a 90% Pay Increase – What’s Your Price?

The other day, I was contacted by a headhunter (everyone calls themselves an “executive recruiter” these days even though I’m nowhere near an executive level position) with a very attractive proposition.  He had a position that was roughly aligned with my current role and prior experience with another large bio-pharma where the total compensation with […]

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A WakeUp Call from Foreign Workers in a Flat World

There isn’t much to say about this video other than – Wow, Reality Sinking In.  If you think the current economic downturn, the layoffs, the headlines are bad now, imagine what western economies may look like in 20 years when virtually any role can be outsourced to someone a world away who wants what you have […]

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US Workers Have the Worst Severance Packages

While not entirely surprising, I found this BusinessWeek article to be interesting in that it highlighted just how much US company severance packages lag behind our industrialized peers.  Of the 8 countries in the comparison, in terms of weeks of severance per years worked, the US was last, at 1.78 vs. the following other country […]

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Layoffs: You May Be Next – Tips to Avoid, Prepare and React

What can you do to Prepare for or Mitigate a Layoff? While there are myriad advice pieces on this topic of avoiding a layoff or finding a new job quickly, many of them are useless or complete common sense.  I’m sharing a few of the things I do to stay one step ahead of the […]

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A Government Mandated Layoff Freeze?

In yet another in a long line of silly ideas that may great sound bites, a prominent economist is calling for the Obama to plea with Fortune 500 companies to cease their layoff plans for months in an attempt to allow for the stimulus plan to take effect and to help in the recovery of the […]

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TARP Fund Irony: Credit Enables 20,000 Layoffs by Pfizer

In a perverse irony, the same TARP funds that were envisaged by our prudent leaders are now resulting in massive layoffs.  While I’d like to say that correlation is not causation, consider the linear progression of events today, the same single day that over 70,000 job cuts were announced: As more details emerged from Pfizer’s […]

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