What you should do while you are still employed, how to retain important data and what you should be doing with your money.
Tech booms and busts are nothing new, so the recent layoffs at places like Facebook and Google may not be that surprising. The media industry is its own perpetual roller-coaster ride, so forced departures from NBC News and Gannett are understandable.
But when companies like 3M, Disney and FedEx push employees out the door, as they have in recent weeks, it makes sense for most people to sit up and stare squarely at the situation. With tens of thousands of employees from scores of employers having lost their jobs since the beginning of the year, it’s well worth asking two questions.
Am I next? And if I might be, what should I do to prepare?
There is, in fact, a lot you can do, according to experts from fields as diverse as personal technology, career management, finance and employment law. And all of their advice can help you tighten up your life even if your job does not end up being on the line.
First, keep a close eye on your employer’s health. If your workplace holds regular staff meetings, ask about whether it is meeting its financial goals. If you work for a company that trades its shares publicly, this information will be readily accessible.
“Before you freak out and wonder if you’re next, get a sense of how well your business is doing,” said Scott Dobroski, a career expert at Indeed, the job...
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