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Showing posts with the label lay off

How the coronavirus is impacting us

At the time of this writing, confirmed global cases of coronavirus surpassed one million. The world is grappling with an unprecedented pandemic -- the likes of which most of us have never witnessed before in our lifetimes. COVID-19 has claimed close to 53,000 lives throughout the world, and that number is  expected to surge in the next week or two. Nearly 6,000 people have died in the United States alone -- well over 2,000 more casualties than China. Italy still leads with a staggering 14,000 deaths, followed by more than 10,000 reported in Spain. The coronavirus has sent markets reeling and caused businesses big and small -- from bars and restaurants to theaters and hotels -- to shut their doors and lay off or furlough workers. Indeed, the outbreak is taking a heavy mental and financial toll on everyone from medical staff on the front lines to entrepreneurs to stay-at-home moms. A whopping 10 million Americans applied for unemployment benefits in March. Some experts ...

Your career will SUFFER if you do this...

Many of my coworkers have been working at my company -- and in the same department, no less -- for 20 or more years!  It's doubtless a rarity in this day and age of frequent job hopping.  Most of them lament staying there so long. Promotions have been hard to come by, not to mention they feel utterly stagnant in their jobs. Some tell me they can't remember the last time they actually learned something new. It certainly doesn't help that our department is run by two overbearing women -- my boss is one of them -- who are completely stuck in their ways.  Now in their 50s and 60s, they concede that it's too late to think about moving. They're more focused on retirement now than anything else. Competing for jobs with people as old as their kids, they say, is a losing proposition.  When asked why they stayed there so long, they admit that they became complacent over the years. I can attest to the fact that the company provides employees with a handsome salary...