via forbes.com
All Things Digital reports that Hewlett-Packard Chief Executive Meg Whitman will put the wheels in motion next week to eliminate about 30,000 jobs. Add them to the list of companies that are pruning the ranks. What if yours is next?
How you cope with a layoff can be a life changer – not only for your career but increasingly for your personal finances too. The steps you take when you are most vulnerable – that is, when you get the news and during the weeks or months following it – can play a huge role in the future. In various ways, they influence whether you must dip into savings and if so, how soon; your ability to find another job (and the speed with which you do), and whether you will need to permanently alter your standard of living.
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