Things are looking gloomy for my company as it has been facing financial woes since last year. In view of the economic crisis and looming recession, it's hard to say whether my company would survive this critical factor. That said, many manufacturing sectors are affected and going downhill too.
Last week we were informed that there will be a staggering number of employees who will be likely to be laid off. I might be on the list. How utterly sad, it's unbelievable.
The way I look at it, the retrenchment might most likely hit the workers who have attained the age of 55 years and above or highly paid employees. There was a hue and cry at my workplace when my company announced this heart wrenching news. Everyone fears of losing their jobs if the country’s economy appears to be looking bleak.
Nevertheless, it's up to the company to decide whom they wish to retrench. Somehow, I don't have the courage to face the uncertainties ahead. I'm not sure if I can get another job if I were laid off but god willing, I hope that I'll survive this fall. At a time like this, I guess I must take a closer look at how I deal with my careless spending on items I don't need. Times have changed, no thanks to the economic downturn.
I guess life can't exactly be a bed of roses, things move on and nothing stays the same. So we'll see, I'm keeping my fingers crossed.