Answer to Question 1
To downsize is to reduce in size. The economy has a great deal to do with whether companies
need to keep employees or to downsize to survive. Be aware of what's going on with the local
and national economies. Always keep your rsum up to date. If you lose your job, follow
these tips:
a) Stay calm. Don't show your anger or frustration. Try to negotiate continued health insurance
for the transition period, a severance payment, outplacement services, and so on. Always
remain professional.
b) Seek the support of family and friends. Eat right and get adequate rest. Take advantage of
job counseling offered by the company.
c) Network. Use social media and other means to let people know that you are looking for a
job. Ask the people you know to suggest others to contact.
d) Negotiate a good severance package. When presented with a severance package, get all
the details and ask for time to consider it. Discuss it with a lawyer or a financial adviser, and
when you are calm enough to talk about separation, point out your many achievements and
contributions to negotiate a better deal.
e) Assess your skills; upgrade them; examine your attitude; explore your vocational passions;
and decide if you should make a career change.
Answer to Question 2
Resignation is formal notification of giving up employment. Resigning from a job requires
almost as much tact, diplomacy, and care as applying for a job. You should leave on good
terms with our employer for two key reasons. First, you might want to work for this company
again, and second, you may need references. Your resignation letter should contain three
elements: the date of your resignation, a positive explanation for your resignation, and a
thank-you for the experience. This letter will become part of your permanent employment file.
Follow these guidelines when you resign from a job:
a) Make an appointment with your immediate supervisor, and hand your letter of resignation to
him or her.
b) In your letter and in the comments you make during the appointment, indicate that you
enjoyed working for the organization. You might mention that the experience gained with the
company has definitely moved you forward in your career.
c) Give a two-week advance notice that you are leaving, unless your company handbook or
employment agreement specifies that you must give longer notice.
d) If you are leaving due to job dissatisfaction, express your reasons in a positive way. For
example, I feel that Casey & Casper Accounting will offer me some new challenges and a
greater opportunity for advancement.
e) Make certain that all your work is up to date and that your papers and files are clearly
marked and well organized.
f) Leave a list of instructions or suggestions that may be helpful for your successor.
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