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How to Protect Yourself From Layoffs?

There can be so many reasons mass layoffs happen. It can be due to mergers, downsizing, or maybe some kind of organization shifts. It’s awfully sad to see countless workers getting laid off from their jobs and scour for opportunities in the next few

By: Easy Branches Team

  • May 26 2020
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How to Protect Yourself From Layoffs?
How to Protect Yourself From Layoffs?

There can be so many reasons mass layoffs happen. It can be due to mergers, downsizing, or maybe some kind of organization shifts. It’s awfully sad to see countless workers getting laid off from their jobs and scour for opportunities in the next few months.


The problem with mass layoffs is that it can happen to anyone. Therefore, it is important that you have a plan prepared to tackle the situation if it happens to you as well. Don’t worry, this blog post will guide you just right.


Are You in The Risk?


Before heading onto learning ways to protect yourself during a layoff, let’s find out if you even pose the risk of losing your job. How can you do that? Just check for the following three signs:


  1. You are doing great but not getting a top review score for quite some time.

  2. You are not getting CCed anymore on email chains you were earlier a part of.

  3. It is becoming hard for you to get along with your managers and colleagues.


How to Protect Yourself?


  1. Increase Your Skills


That’s right. The market is always in demand for skills. Hone one particular skill you are good at and try making yourself the greatest at it. Learn everything that is trending in that particular field and get things going. If you ever suffer from mass layoffs, you will have a better chance at getting a job than people who don’t make learning a habit.


  1. Know the Business Inside Out


Diverse your skills. The times have changed and companies are now looking for individuals with a diverse set of skills. If you are good at writing great sales pitches, work your way to know how to do market research, do finances or even try analytics. You will become much more valuable to the business and most definitely, they will have a hard time letting you go.


  1. Be in Line


Have great relationships with the people you are working with. This will help you big time to get better opportunities, not only in the company you are working at, but at a different company as well. Be a good employee and hope for the best. 


  1. Be Independent


What are doing to make sure your life is not subject to mass layoffs? Are you investing your money anywhere? Are you building a side hustle that can save you when things are not right? It is important in this day and age to diversify your income. Figure out different ways to make money online


When it Happens, Don’t Panic


The best advice that we have for you, when you get laid off, is not to press the panic button. You will get notified beforehand and the decision of lay off will not be unexpected. Plan ahead. Always have a plan B that you can execute when you get laid off. Pen everything down. What is it you will do, how will you do it, when you will do it. Get serious and figure this out today while you have time.


Conclusion


There you have it. Getting laid off is not a great experience. We hope you never have to go through it. But, if you do, you know what to do. That’s the beauty of information. It’s the light at the end of the tunnel. Let us know what else one should do to go through the mass layoffs unscathed.


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