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Buffer yourself from layoffs

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in Salary Negotiating,Workplace Communication

For Norman Rosenblatt, getting laid off from Charles Schwab & Co. did not come as a surprise. Rosenblatt, father of three, was a managing director who tracked proprietary technology projects within the firm.

“It was a background task, never part of the limelight,” he told The New York Times. “I kept thinking like Groucho Marx: If I were them, would I keep me?”

If your company hints at layoffs, ask yourself if you’re making a high-visibility impact on the bottom line. Do senior executives view your contribution as vital—or a nice add-on?

If, like Rosenblatt, you sense your job’s at risk, either make yourself indispensable or start researching how to negotiate a severance deal and identify what you’ll do next.

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