JOBSEARCH: Federal government employees are learning that “Nothing is 100% risk free” the hard way

Thursday, February 13, 2025

FROM 1440 https://join1440.com/

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Cruise to slash workforce by nearly 50%, or roughly 1,000 employees, after owner General Motors ended funding to robotaxi unit (More) | Estee Lauder to trim up to 7,000 jobs, or around 11% of workforce; shares drop 16% on the news (More) 

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Given the wholesale downsizing of Gooferment employees, every one of the “wage slaves” in the USA should reassessing their unemployment risk profile.

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JOBSEARCH: Your reputation as a master networker has qualified you

Get started. When the axe does fall, as it always does, you’ll have bought yourself time, help, goodwill, and possibly some wisdom. I’ll probably have landed in my final spot before I hear from you. But be advised, I’ll be rooting for you from upstairs or down, where ever I’m sent.

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And …

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JOBSEARCH: The risk inherent in the status quo of employment

I counsel job seekers and potential job seekers that they must rigorously and honestly evaluate just how much is at risk in their current state. One tool is my “how much money do I need to have to get another job”. Age, level of education, hotness of field, hotness of your geography, level of position you’d accept, what’s your burn rate, how do you look, and unfortunately sex all combine in strange complex calculus to determine the risk of the status quo. In more than one instance, 

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As you can see, once I woke up to the  “status quo is not risk free” after my first “promotion outside”, I preached to anyone who would listen that “wage slaves” were at great risk of “downsizing”, “rightsizing”, or just a plain old corporate bankruptcy,

I remember that Gooferment employees would tell me that they’re 100% secure in their Gooferment GS13 position.  Wonder how they would evaluate that now with DOGE chainsawing whole departments and agencies.  I used have heated discussions with those poor confused souls that “Nothing is 100% risk free”.  I pointed to my and my mother’s experiences at AT&T.  We both had “gold watch” syndrome (i.e., the good corporation would care for its valued people from cradle to grave).  I took the buyout and she didn’t.  And she never realized that the “rules” had changed.

One piece of advice that often preached:

“Success for your generation is: (1) ruthless financial discipline — no bad debt; (2) a life long interest in learning — education — a degree — they can’t take it away from you; (3) a NON-OFFSHORABLE white collar job in order to save big bux; (4) a blue collar skill for hard times — never saw a poor plumber; (5) one or more internet based businesses — your store is always open; (6) a free time hobby that generates income; and (7) a large will-maintained network of people who can “help” you.

has held up very well over the decades.

Hope this helps and is not seen as “dancing on graves”.

As always, YMMV.

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