Preparing for a Layoff

Ford Motor Company announced that between now and 2012 the company will reduce plant-related employment by 25,000 to 30,000 people. Ford will also reduce the number of salaried personnel and company officers on their payroll. While plant workers and company officers may have little in common as far as their day-to-day work is concerned, they all have one big thing in common today -- worry about their future. Find out what they, and you if you find yourself in a similar situation, can do to prepare for a layoff.