Weather from financial crisis

It has been a long time since I posted my last blog. Although moving to Beijing made a big change of my life pace, it is not the only reason I drop the blogging. Simple put, blog is out of my mind and I am pushed around by all kinds of meetings,tasks and projects, therefore, it is not my focus anymore.

Today,I received a phone call from an old time friends, she told me that she got the notification to leave her job by the end of March. She also mentioned that she read some of my blogs. In combination of the two, I re-start my blog, for how long? I have no idea.

Back to topic, in the past months, not a day passes without bad news coming up. If you are a frequent Financial Times reader, you can see all the headlines are gloomy. Job cutting, bail-out, fund-injection, bankrupcy etc. In our company, we also receive a vague message which implies the overall cost cut by 5%.

I have heard about the big scale lay-offs in China, Like Intel, Dell, Sony and so on. My company's top management was also reshuffled. 4 our of 7 management board members left the company. Although CEO tried to comfort the employees with the statement of no play to cut the workforce. However, employees are very realistic and nobody would take that as a parachute to get off this unprecedent crisis.

What we can about it? Almost nothing. It is not the prolblem we create and it is not a problem we can avoid either. The surviving tactics I can conceieve is first, cut your expense, don't make any big spending under such a circumstance, like buying a house or a car. Cash is the king, you never know whether tomorrow you will have have the income you get today. Second, be a nice and dedicate employee. Don't arrive late and leave early. Become the last one your boss can think of to be fired. Securing your job is your top priority. Third, if you already lost your job, don't get devastated. Pull yourself together, you will have someone counting on you. On the one hand, unremittingly to make yourself re-employeed. In the meanwhile, you can also try to get some new skill training. So when the economy bounce back, you are prepared to snatch the new chance.