The ability to adapt to change is a key attribute if you want to thrive in today’s economy. Technological advances, automation and the drive for increased efficiency regularly present workers with new challenges and opportunities, one of which is redundancy.
Redundancy is a business decision, not a personal one
There’s no longer a stigma attached to being made redundant, the fluid and changeable nature of the modern job market means lots of people will experience losing their job during their careers. Invariably it’s about the job not the person – a company will look at factors including your cost, your responsibilities and its own structure when deciding who should be made redundant, so it’s not necessarily a reflection of your performance. But that doesn’t stop it being a stressful situation.