As I record this in the beginning of March 2024, there seems to be a lot of fear and uncertainty in the economy and job markets. On the one hand, companies are performing well and the stock market is hitting all-time highs. And while the unemployment rate in the US is also quite low, there also seems to be a lot of rightsizing, transforming, cost-cutting, and reductions-in-force happening. Most of those are code for layoffs.
So no matter what is going on in your organization or business, I want to share some advice that can be helpful to anyone facing uncertainty or even potential layoffs (or transformations).
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