Welcome to SixFigureStart®

Career Coaching by Former Fortune 500 Recruiters

Advice for impending layoffs…cash is king

Yesterday, I got an anxious email from a former colleague about impending layoffs in his group.  Teresa Odle very succinctly captured my advice regarding layoffs in her recent article, Riding The Recession Wave:


I can’t stress enough the importance of building a cash reserve in this volatile economy.  Cash buys you time for your search and security against having to jump into a less than ideal job.  That time and security is a great confidence booster, and confidence is a must for any candidate.


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