A recent survey shows that more than 80 percent of workers fear job layoffs this year. More concerning may be that four in 10 companies expect to reduce their workforce in the next five years. Kerry Hannon shares five ways to proactively brace for a job loss starting with cutting back on spending and creating an emergency fund.
Source: Yahoo!finance, February 22, 2025. Link. Video [2:53]
Everyone needs a Plan B even if you’re not worried about being targeted in a layoff.” – Beverly Jones