Question:
So my boss has had a series of meeting with the staff at my workplace. I work for a university in a research department.
These meetings have been about restructuring. We all know what the usually means... Lay-offs! Couple this with the top dogs sending us emails about impending cost-saving strategies that they are brainstorming (without any real input from us) and I think jobs could be cut. I am low on the totem pole and the areas I research are also low-priority. I have only been at the job 11 months.
But the timeline for the restructuring to go into effect is some time between September 2015 and January 2016. We'll have to apply and interview for our own jobs.
Any suggestions on how to prepare? I obviously have been building up my emergency fund and I am fairly frugal (though I could improve on this in so many ways, I would guess).
If anyone has been through something similar, any insights would be great. Thanks!
-Jake