Career and Job-Hunting Blog
Career and job-search news, trends, and scoops for job-seekers, compiled by the staff of Quintessential Careers.
|Career and Job-Hunting Blog Index|
|November 10, 2008|
November announcements of job cuts — and potential job cuts — could make it one of the worst months on record.
With the latest announcement that DHL will be ceasing operations in the U.S. and eliminating 9,500 jobs (mostly in Ohio), November has started on a very negative note in terms of job security. Sadly, DHL had already cut 5,400 jobs earlier this year.
Circuit City, which filed for bankruptcy protection, also announced plans to cut more than 7,000 jobs — and most likely more cuts will be forthcoming.
Many experts expect other retailers to fall in the next few months, as a dismal holiday season pushes some of them to end operations.
Furthermore, other companies have announced job cuts in the past 10 days, including Mattel (approximately 1,000 jobs), Fidelity Investments (1,300 jobs), GlaxoSmithKline (1,000 jobs), La-Z-Boy (850 jobs), and the Hartford (500 jobs).
While it is certainly not time to panic, it is time to shore up your job and your marketability if you still have a job — and to intensify your job-search efforts if you are unemployed (or expect to be soon).
|Quintessential Career and Job Resources|
Other topical resources for job-seekers:
- QuintZine: A Career and Job-Hunting Newsletter
- Q-Tips: Quick and Quintessential Career & Job Tips
- Q&A with Career & College Experts
- The Career Doctor Career Advice Column
- College, Career, and Job-Related Articles
- Career and Job-Related Tutorials