Originally posted by svtcarboy:
Well, having survived several buyouts in my current position, I will first be thankful for being fortunate.

I will second state that even though an employer quotes a number of layoffs, the actual number of workers put on the unemployment rolls is generally much lower, except for specialized or non-competitive jobs. There will be some reorganization, which will open some positions. In most cases natural growth also leads to the opening of positions. Workers whose jobs are being eliminated will switch to these newly available positions. Other workers will find other employment prior to actually being laid off, delaying the layoff date for those who remain to later phases. Others will choose to retire (or otherwise leave the workforce) when their job ends, though they may have stayed in the workforce otherwise.

Natural attrition and new opportunities will absorb at least a strong minority of the shed jobs, and in many cases, a majority.

Don't assume every time you hear about layoffs that all those people suddenly or even as a result become unemployed.



So what you're saying is this whole thing is a sham?
The two that I have been apart of have been worse than initially quoted layoffs.
This also affects the new job market by driving down wages because of the glut of workers bidding for these jobs.
Now I understand supply and demand but somehow you have to keep up with the cost of living that year after year never seems to slow down much. So how do you counter your sliding wages? Educate yourself. Good idea but that costs money and time. Let's say your a salaried middle manager with a family. How much extra time and money do you have? Now your department cuts some staff and you and whats left have to pickup the slack. How's that extra time and money thing working out? Where do the wife and kids fit in?
Until you find yourself in this kind of situation you have very little idea what your up against.

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