So I’m sat on the train on my way to work this morning and it’s not going to be a typical day.
Sure, the suns still shining, the sky is still blue but today I’ll find out whether or not my job has been made redundant.
Like many large organisations, the company I work for is finding times a little tough. Despite posting some healthy profits our cost income ratios (the number of dollars we have to spend to make more dollars) are deemed a little on the unhealthy side.
This means that over the last two weeks the sinking ship I work for has been busily bailing hundreds of members of staff equating to approx 10% of it’s total work force.
I feel a little numb about the whole situation if I’m being honest.
I work with a great team of people and I know that today is going to be a very sad day irrespective of my own outcomes.
Yesterday, approx 40 people who share the same floor in our building were told the news and less than half came out of their individual sessions having retained their jobs.
That’s the sad thing about mass redundancies. I heard on the news a couple of days ago that in Western Australia, one in twelve households have been impacted by the recent economic crisis due to redundancies. There’s a very high likelihood that if you live in WA right now you’ll know someone who has recently lost their job. I already know several and as the cloak of redundancies sweeps across my own team today, some of these people will be my friends.
Being a manager of staff makes the whole situation a little worse to. My immediate thoughts are for my team. I’m entirely powerless at the moment and my natural instinct is to protect those working for me from any fall out. Still the decision has been made by those in the upper branches of the corporate tree.
The Australian Market place isn’t particularly healthy right now but it’s probably healthier than that in many other countries.
As you’ll have read within recent posts I’ve made here at gettingdownunder, the Aussie Government has been going into shut down mode in an effort to reduce competition for jobs amongst out of work Aussies
This isn’t good news for those looking to get into Australia but it’s a reality check.
If you think about it, it’s a decision unlikely to be made by other governments due to the wonders of politics and transparent borders between many countries across the world.
So will I still have a job tomorrow? Who knows.
Here’s hoping I guess