Navigating layoffs: Creating a roadmap through uncertain times

This episode offers comprehensive advice for Canadians navigating potential or actual job loss. It begins by recommending proactive financial planning, such as establishing an emergency fund and maintaining a line of credit. The source then outlines warning signs of impending layoffs within an organization and suggests staying professionally marketable through skill development and resume upkeep. It also addresses factors influencing who might be laid off, including a concerning correlation with maternity leave. Finally, the guide provides critical steps to take after a layoff, such as understanding severance, seeking financial aid, budgeting strategically, and actively searching for new employment.