
Several major corporations in tech and media industries, such as Twitter, Meta, and Microsoft, have announced massive layoffs last year in response to decades-high inflation rates that hint toward the possibility of a recession. Other industries including food, transportation, and retail have followed suit, which leaves workers wondering if their role will be impacted.
If you were informed that your job is among those impacted by a mass layoff, it’s important to create a plan right away so you can prepare for the major financial changes that come with being laid off.