Is your company about to start a wave of layoffs? Are you tossing and turning, wondering how you'll make the house payments without a job?
A fine article, "Is the Wolf at the Door?" in National Business Employment Weekly, dated today, is worth reading. Excerpts: "If the firm decides to make organizational changes, that's something you have no control over, but even if the ax hasn't fallen, take care of yourself: (1) Talk to your supporters -- family, friends, sports buddies etc. Let them know how you feel, allowing them to help. (2) Use relaxation methods: run, work on hobbies, take a day off, update your resume. (3) Start networking on paper by writing down lists of people you've met, anyone you have connections with who may help you. By doing all this, and more, you're likely to succeed whether you stay put or are forced to test the job waters."
LOCAL LINE: The Rothschild Co., 32 South St., Baltimore 21202 (phone 539-4660) will mail its latest client letter, "White Collar Blues," if you write or phone. Excerpts: "Most policy makers (and investors) face the future looking in the rear-view mirror. Traditional governmental strategies that helped in past recessions won't work today. Policies must encourage savings, not consumption. Efforts to get us to buy a car today instead of training us for tomorrow's job will only cause long-term pain." . . . These local stocks hit 12-month highs last week: Alex. Brown, Black & Decker, Legg Mason, MNC Corp. (Maryland National Bank), McCormick, T. Rowe Price. (Happy surprise: MNC stock tripled in a year!)