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5 Steps if you’re worried about getting laid off during a recession

  • Build Financial Stability: Establish an emergency fund, ideally covering 3-12 months of expenses, and cut non-essential spending.'
  • Expand Your Skill Set: Pursue certifications or online courses to increase your value and adaptability.
  • Strengthen Your Network: Connect with former colleagues, join industry events, and engage on LinkedIn.
  • Prepare for Employment Changes: Update your resume, research severance and benefits, and set job alerts.
  • Maintain a Positive Mindset: Focus on self-care, mindfulness, and staying proactive to manage stress effectively.

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