6. Companies Downsize or Merger
Businesses downsize or merge for all kinds of reasons. They may cut the budget and need to cut salaries by laying off people. A merger may occur, and then there may be two employees, one from each company, doing the same job. One of them inevitably gets laid-off or downsized. There may not be a whole lot you can do about those corporate decisions, but there are ways to help protect your job. Continually add to your marketability and value, through education. Acquire new skills, master new technologies, and take advantage of workshops, developmental seminars, or other opportunities. Be a team player, so that when a merger occurs you’ll be able to help smooth that transition. That can make you invaluable and save you from being cut from the team.
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