How to Survive a Layoff

The social contract between employer and employee that virtually guaranteed long-term employment forty years ago no longer exists. Today, most of us are “at will” employees, meaning that employers can lay us off at any time, sometimes with little or no notice. Although layoffs tend to be more prevalent during times of economic downturn, they may also occur as a result of reorganizations, mergers, or changes in management. In the first quarter of 2016 for example, employers handed out more than 250,000 pink slips , the highest total for the January-to-April period since 2009. No matter how comfortable or […]

About the Author: Ashley Armstrong