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Letter to BS: Job losses in global economy are becoming a regular feature

Lifelong job security has become non-existent, except perhaps in government jobs

Deutsche Bank
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Deutsche Bank

Business Standard
This refers to your news item “Bengaluru to London: Deutsche Bank layoffs leave many careers’ hopeless” (July 9). In a global economy, such massive job losses are becoming a regular feature. Lifelong job security has become non-existent, except perhaps in government jobs. While every job loss is traumatic, in the case of layoffs, it is even more so.
 
One needs to quickly regroup and move forward. The mistake that most commit is in looking for a job similar to the one that was lost. It is here that one needs to be flexible. There are a number of part-time