With the unemployment rate at an alarming 11.1% as of July 2, 2020 (According to the U.S. Bureau of Labor and Statistics) and over 16 million people out of jobs, the idea of being furloughed, laid off, or fired is a looming reality for many Americans. But in this case, misery does not like the company. Being faced with a possible layoff, all you can think about is how your own little world is collapsing around you.
Before we dive into how to handle the conversation, should it arise, there are some ways to protect yourself and minimize your chances of a layoff before even facing downsizing or company cutbacks.
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