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The Financial Coconut Podcast

Why You Need to Prepare for Layoff Now [W&S 101 ft Nina Devouge & 9 to 5 Millionaire Mindset]

Nov 10, 2024
43:23

We dive into a critical topic affecting professionals worldwide - layoffs. Featuring guests Shao Chun Chen, a former Google employee who went viral after sharing his layoff experience and now, Host of YT channel "9 to 5 Millionaire Mindset," and Nina Devouge, a veteran recruitment expert and CEO of Elluminate

Get perspectives on:

  • Why waiting until layoff happens is too late
  • Understanding the emotional and financial impacts
  • Practical strategies to stay ahead of the curve
  • Breaking the stigma around layoffs
  • How to navigate the transition period

Whether you're currently employed or between roles, this candid discussion provides valuable strategies to help you stay ahead of the curve in today's evolving job market. Tune in to this eye-opening episode to learn why waiting until after a layoff happens is too late.


04:36 Were there signs before the layoff?

06:44 What was your financial response to the layoff?

10:24 How can layoff stigma be minimized?

18:43 Does high pay make employees vulnerable in layoffs?

22:26 How do you compassionately deliver layoff news?

33:13 How should you prepare for layoffs?


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Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.



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