9 Steps to Prepare Your Clients for Possible Job Loss

Large layoffs have been in the news recently. Twitter has reduced its workforce in the wake of Elon Musk's purchase of the company. Meta and Amazon have announced they will be laying off a large number of workers. In addition to these three companies, a number of other notable employers have announced big layoffs so far in 2022. We don't know where the economy is going, and some industry analysts fear that a recession is looming. This could lead to further announcements of layoffs and job losses in both large and small companies. While we cannot forecast what the future has in store for our clients, this is a good time to work with your clients to help ensure that they are as well-positioned financially in the event of a job loss as possible. Review the gallery for nine important steps to keep your clients on track financially in the event of a job loss.