How To Survive In This Period Of Downsizing.
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How to survive in this period of downsizing.

As we know, its a tough time for MBA graduates with all the downsizing and layoffs taking place in the market. I dedicate this blog to present some ways in which one can sail through this tough time.
First of all count your assets - You are a MBA graduate. Downturn is affecting everyone at all levels as of now. Be brave and prepare for the worst. Be practicle this is a situation unavoidable for any one.Its a good opportunity to learn more and more things in your organisation.

What one can do is:

1. Do some additional course related to your field or other areas which interests you (it increases your value in job market). Say you can do a diploma in marketing, journalism etc..
2. Try applying ... on all job portals, put your cv to all your network and friends and consultants as a proactive step. (Market is not as bad as it is projected by the media and few economies).
3. If you donot have handful of work in office you can do some independent research and projects. Utilise time to read and to improve your knowledge.
4. Believe in your ability, save each penny for rainy days. Saving ones earning always help in bad times.
5. Dont get stressed or burntout. stay calm and dont show your frustration and dont complain about this situation to anyone at job especially to your boss... seniors and collegues. (people will feel you are worked up and you are demotivated on job and this can itself become a reason for your employer to pink slip you from job).
6. Stay fit and eat healthy. Dont loose focus. Take this situation as a learning experience. You will learn to win over idleness, insecurity and to manage finances wisely. Learn to manage failures in life and resolve problems.
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