CAREERS

Turning a Layoff Into Lemonade

How losing your job might be the best thing to happen to your career.

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  • Posted By: GeorginaKlanica @ 01/05/2009 9:45:00 AM

    Brain drain? How about grooming and promoting Gen X, Y, etc.? We've been waiting for those dead wood Boomers to clear out. Everyone dies, sooner or later.

    As for the investment banker example? She made a lot s2002-2007? How come she had less than $40,000 to her name.
    Even I had more than that in 2007 when I lost my job in a merger, and I just worked at a really small bank and made a lot less.

  • Posted By: YashBudini @ 12/10/2008 4:58:02 PM

    Few things would be more fulfilling than to work for CREW and to put politicians in jail. Of course the repubs may Libby each other and get the head neocon puppet to pardon them, but that's what happens when you vote for unethical scum.

    An alternative would be to start a bill that would outlaw lobbyists, the disease of effective government by and for the people.

  • Posted By: OnionGum @ 12/09/2008 9:47:27 PM

    Good advice, but as most of you have pointed out, what if you are starting from nothing? Especially with lack of health care coverage.

    The large US and global corporations love it when they have leverage over the employee. The 401k's of the baby boomers have shrunk radically since 9/08 and this is exactly what the Hank Pauilsons of the world want - they know that there would otherwise be a heavy "brain drain" from retirement of the first wave of boomers and they are s&itscared that the labor may have the leverage in a few years - not anymore, these people may not retire into their 70's at this rate.

  • Posted By: blue_sue @ 12/08/2008 9:08:45 PM

    These sound great for those people who are the rarer ones that do get packages when they are laid off. We need some ideas for our folks that do not get packages, retraining programs. It's sad to see our tradesmen moving to janitorial positions just to feed their families if they are lucky enough to find even that.

  • Posted By: sthope @ 12/07/2008 8:44:23 PM

    This person a one of the luckier ones. She at least had 40K to turn into something. Many people have nothing (live from pay check to paycheck) - What's the advice for someone with no money

  • Posted By: YashBudini @ 12/07/2008 4:11:07 PM

    Hey, enemployed? You're not sending thousands every year to Bush's quagmire and draft dodger Cheney's Halliburton, and this is your opportunity to move money from your regular IRA to a ROTH IRA and permanently avoid future taxes for very low if any taxes. What's not to like? Screw the whole lot of them, they had no problem doing the same to you.

  • Posted By: Hheeaatt @ 12/05/2008 10:42:30 PM

    All of that advice sounds great, what about information regarding motivation? What happens when you feel down an really have no energy to get back up and do that? Sometimes, you just feel beat!!

    BUZZARDSKORNER

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