Wednesday, May 30, 2012
Waiting for the Ax
Ah, life in the big city.
My company is having tough times. Our market has shrunk and we are not selling as much as we once did. What's more, we have few--maybe not any--substantial prospects for generating sales in either the near-term or long-term.
Layoffs are coming. I predict it will happen Tuesday or Wednesday next week. Every group will likely be asked to identify a percentage of people to be candidates for downsizing. My guess is we will lose almost 10 percent of the company workforce.
Although I don't think my job is in jeopardy, I am certainly not "safe." Assuming I am one of the folks remaining after the layoff, I have a personal strategy for driving improvements in my area. Right now, I am documenting everything I do and thinking about the extra work I may need to take on.
If I am let go, the first thing I'll do is apply for unemployment. Then, I'll make some calls. For now, I have some other preparation work to do, but I plan to be ready next week in case I'm ushered out the door. I'll have most of the files I want saved to a flash drive; I'll also have my desktop filed cleaned out.
I remain generally optimistic about my company and about prospects for the US economy overall. I think--I hope--we are at the bottom point and expect everything to start slowly improving by August.