our everyday life

What to Do if Your Job Is Possibly Being Eliminated

by Kristin Swain

Has your boss suddenly stopped asking you for input on matters related to your position? Is your supervisor starting to micromanage you or handing off some of the duties of your position to co-workers? If so, it's possible that your job is being eliminated and it might be time to look for a new career opportunity. Whether your company is embarking on a round of layoffs or there is some other indicator that your position is in jeopardy, it is important to start planning your next career move and prepare for possible disruption in your life.

Taking Care of Yourself

When you fear that your position is about to be eliminated your initial response may be panic. You start to wonder what will happen next, what you're going to do for money and how long it may take to find a new job. During this transitional period in your career, it's important that you take care of yourself. Find ways to reduce stress, such as exercise or meditation. Maintain a healthy diet. Keep active and maintain your social life.

Financial Planning

In a time of job uncertainty, one of the most important things you can do is take stock of your finances. Do you have money saved in an emergency fund to help carry you if you're not getting a paycheck? Create a budget and cut back on unnecessary expenses to allow you to save as much money as possible. Find out what the penalties are for withdrawing money from your 401(k), certificates of deposit and other investments in case of emergency.

Network

Networking is a great tool for helping you find a new job quickly. Contact your industry acquaintances and friends to see if they know of any job openings. Update your resume as soon as possible. Consider submitting your resume to a headhunter service. If you know that your job is being eliminated but are unsure of the timetable, don't hesitate to start applying for other positions.

Talk to Your Supervisor

If layoffs are coming to your company, your supervisor is probably expecting the members of his team to consult him about the status of their jobs. Schedule an appointment and let your boss know that you are worried about losing your job. If, in fact, your job is being eliminated, it's never too early to start negotiating for possible severance pay and continued health benefits.

About the Author

Residing in Los Angeles, Kristin Swain has been a professional writer since 2008. Her experience includes finance, travel, marketing and television. Swain holds a Bachelor of Arts in communication from Georgia State University.

Photo Credits

  • Jupiterimages/liquidlibrary/Getty Images