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Bearly Bullish Episode 008: Bearly Bullish Takes on Layoffs- 11/16/2022
How safe is YOUR job? How safe is my job? What are some things we can all do to get ahead of, or front-run, the risk of a layoff? We look at long-term strategies for dealing with layoffs, short-term strategies for dealing with layoffs, and "corporate realities." Let's take a look at what the risks are, what you can do now, and how you can evaluate and approach your company to get a sense of your layoff risk and things you can do to avoid it!
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Topics Discussed: layoff, employer, employee, management, organization, business, capital, labor, layoffs, lay-off, lay-offs, fired, unemployed, unemployment, unemployment rate, savings, rainy day fund, 2 months, frugality, cost reduction, budgeting, health insurance, medicaid, mortgage payments, student loan payments, forbearance, quiet quitting, hard work, work ethic, good employee, wealth gap, central bank, national bank, cash position, store of value, currency, money, side hustle, second career, academic jobs, trade jobs, consumer discretionary spending, recession-proof, recession-resistant, recession-sensitive, depression, engineer, IT, mechanic, plumber, electrician, carpenter, information technology, health care, teacher, nurse, mobile, mobility, adaptable, lateral transfers, hunker down, balance sheet, 10-Q, EDGAR, income statement, debt servicing, debt, alcohol, tobacco, cosmetics, retool, relocate, last hired first fired, productive, nice, recommendation, reference, asset, liability, interest costs
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