It’s wise when you expect the best and be prepared for the worse. Being ready for an unexpected situation never hurt anyone.  Looking at the current scenario, wherein the economies of most major countries are battling recession, inflation, reduced growth rate, and even rising repo rates. This economic cold wave across the globe indeed indicates that ‘Winter Is Coming’.  While there are no positive signs, and the experts also don’t expect the situation to improve any time soon, it’s extremely important for you to be prepared for any kind of financial emergency, especially layoff, as due to increasing financial constraints, more companies are expected to layoff even more employees.  Being prepared will at least help you to feel secure and make the layoff less painful.

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