So your company is not doing so well and you think you may not have a job much longer. There are some things that you can do now that will help to lessen the blow of losing your job..
Update your resume. Start sending it out. Not just to the companies listed on job boards, but think about other companies that are in your industry, other companies that may offer positions similar to yours, and companies listed on job boards such as indeed.com.
Check out your competitors. When looking at your company - look at who it is competing with. They may be hiring.
Renew your contacts. There are people in the past that you have worked with either as a coworker or as a sales rep or marketing agent. Get back in touch with them. They may know of positions.
Pay off as much debt as you can. The more you pay off now, the less stress you will be under if you are laid off. By all means, DO NOT accumulate more debt if you can help it!
Know where you will live. If your home or your apartment depends on you having a job, start looking at places you can live if you lose your job.
Trade down. If you're driving a luxury car, trade it in now and see about getting something that is more affordable. The same with apartments, etc.
Cash on hand. Make sure you have some cash on hand. Everyone should have 4-6 months in a savings account. Less than 1% do. Make sure your not left with nothing.
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