I currently work for a global medical care company and have been with them for six years. I started in an entry-level position and have worked my way up to a management role in administration, earning just under $95,000 a year. While the benefits have been great and the job rewarding, the company is undergoing a significant restructure, leading to many layoffs and position terminations. I have a strong feeling that my job could be at risk, and I want to be proactive about it. I’ve already updated my résumé but haven’t started applying for new jobs yet. I own my home, which isn’t fully paid off, and I have a car payment along with other monthly expenses. With my wedding plans in the works, I feel the pressure to secure my financial situation. I’m in my 30s to early 40s, engaged for the first time, and without children. I’m reaching out for advice on how to prepare for a potential layoff. I appreciate any genuine feedback, as I know some will likely respond sarcastically, but I’m looking for real help. Some suggestions I’ve received include saving early, living below my means, and having financial discussions with my fiancée. Others have advised me to upskill and build professional contacts for references. I’m also considering cutting costs where possible, especially with the wedding expenses. It’s challenging to balance the desire to stay in my job while also preparing for the worst.
Job title: management role in administration
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