Is your job secure?

October 22, 2008
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Waves of layoffs are going to hit the country as banks tighten lending and companies cut costs, BusinessWeek predicted in an article this week.

Unlike the dot-com and housing busts of recent years, this time just about every industry will be affected, it said.

First to go will be the worst-performing employees. Then those in marketing, communications, HR and other areas not deemed essential.

After that, itâ??s open season.

Do you see the same handwriting on the wall?
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  • I know we have a layoff coming in the next few weeks, but I have no idea how deep/wide it will go. I doubt my department will be affected since we've had a couple of people leave recently and we're pretty close to bare-bones right now, but I'm still worried about it.
  • your boss can fire you for anything at any time. and he/she does not have to answer to you when you ask WHY?
  • Oh yeah. It's coming. If your in a position where you think your safe, then think again.

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