Q : What's the difference between a permie and a contractor? A: The contractor KNOWS they have no job security. ;). Your only real job security is your skillset. If that's good, lay-offs are often an opportunity rather than something to be feared. I've been laid off twice, 20 yrs apart. 1st company folded soon after. 2nd got taken over by bigger one. Was glad to be out in both cases, not happy place to remain. In both cases quickly got a better job, pay rise, and engineered a nice long break between jobs. 2cnd time I wasn't super happy there, but risk averse about moving due to young family. Lay-off was helpful push to look for something else. Found another job, then hopped on in 18 months to a great job. Got rid of a nasty commute in the process. Many people tell this story. Far too many of us stay places too long, we think "better the devil you know". Layoffs can be a blessing..... Caveat - if you're working a min wage job without a marketable skillset, layoff is indeed to be feared and a totally different experience.
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