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Is Your Company Depressed?

Of all the business problems companies have, I think they become more magnified when the chief executive officers lose sight that their organization is made up of people. In my experience...

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Our Losing Your Job Experts

Richard Nelson Bolles

Richard Nelson Bolles

Renowned author of the What Color Is Your Parachute? Series

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Bradley Richardson

Bradley Richardson

Business author, professional speaker and career development...

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Tanya Flynn

Tanya Flynn

Communications manager at Careerbuilder.com

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News

The latest news on this change — carefully culled from the world wide web by our change agents. They do the surfing, so you don't have to!

Auto Jobs Tough to Stick Out

With the unemployment rate now hovering around 5.1% and the market looking weaker with every passing day, it appears as though the number of people who will lose their jobs will increase for the time being.
 
One of the hardest-hit industries is the auto industry. Americans are simply not buying cars the way they used to, and companies like Ford, Chrysler and General Motors are starting to offer buyouts to their employees instead of issuing a round of layoffs. The idea being that they would give employees the option of taking money to leave their jobs as opposed to suffering through job cuts.
 
What employment experts argue is that people shouldn’t necessarily take the buyouts, because it’s a threatening gimmick. “Unless you really are very close to retirement and really hate your job it’s a mistake to take the buyout, and even then it might not be worth it,” Steve Viscusi, head of an executive search firm, told MSNBC. People can’t necessarily find similar paying jobs, and they may not necessarily lose their jobs if they refuse it.   [MSNBC]

Posted: 4/4/08