Yesterday, I hugged some co-workers as they were processed out. It was their last day. They were victims of the latest cost saving measures and right-sizing of my employer. A year ago my position was deemed no longer necessary, but fortunately, I was able to move from a management to a non-management position. Although I was not overjoyed at first, it actually has been a blessing. I now have more time to dedicate to projects and get overtime pay for over 40 hours.
I certainly hope that those let go yesterday will find something that they can be passionate about. The transition of our economy to whatever lies ahead is going to be tough. Our parents, grandparents and maybe even great grandparents went through a transition out of the Great Depression. Even though I do not think we will experience the Great Depression as our ancestors did, I still think it will be tough. We have been accustomed to much more than our ancestors had. This will probably lead us to be impacted more as we have to do with less.
These are uncertain times. Everyone knows that there will have to be cuts, now or eventually, but at the same time, no one wants to feel the pain. That is understandable, that is human nature. I believe that industry and jobs will come back. Will they look like they did before? I don’t think so. We are a resilient people. We have, and always will have, talented entrepreneurs whose passions will shine. It can be hard to keep positive in our current environment, but keeping alert for opportunities, even from the most unlikely sources, is vitally important. Necessity is the mother of invention, and we definitely need the creativity. My very best wishes go out to those who must start a new chapter.