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“The Company Men” Examines Layoffs from both Sides of the Table

January 21st, 2011 Comments off

Last week I got the chance to speak with John Wells, writer and director of “The Company Men” for our sister site, TheWorkBuzz.com. The film, which dissects the effects of layoffs on those who experience them, stars Academy Award winners Ben Affleck, Chris Cooper, Kevin Costner and Tommy Lee Jones, and hits theaters today.

Though “The Company Men” takes the most in-depth look at the psychological and existential effects that job loss has on workers, it also touches on the legal, ethical and emotional struggles experienced by the executives and human resources staff who make the decisions on “who stays and who goes.” An aspect of the film Wells decided to include after speaking with human resources executives (and one that can be seen in the below clip).

“I sort of feel like my first version of [the script was] more like a creed against corporate America and that that wasn’t very fair and probably not balanced, so I went back and interviewed a lot of CEOs and human resources executives, and people were very willing to talk to me,” Wells told TheWorkBuzz. “What I did discover when I talked to companies was that while the individual market realities [of each] company would be different, the structures were very similar and the things they were going through were very similar; how they were having to address [downsizing] no matter why they were having to do it. There were tremendous similarities between corporations and the way they dealt with this stuff.”

To read the full interview on TheWorkBuzz, click here.

Six in Ten Workers Laid Off in Last Year Have Found New Jobs, According to CareerBuilder Survey

February 3rd, 2010 Comments off

Resilience is not only found among the Oceanic 815 survivors of “LOST” — who returned to TV last night after five seasons of battling hostile island dwellers, a mysterious smoke monster, and the bounds of space and time  — but in taking a look at CareerBuilder’s updated survey among more than U.S. workers, it’s also evident among many workers who have been laid off in the last 12 months.

Although Bureau of Labor Statistics job loss numbers could be in the negative range for January, unemployed Americans continue to be steadfast in their job searches, and, according to CareerBuilder survey results, many workers laid off in the last 12 months have found new employment.


The Results

1. New Employment

Your company may even be among those who have brought on laid off workers this past year, as over half (58 percent) of those laid off in the last twelve months have found new jobs. Fifty-one percent have found full-time positions (up from 48 percent in June 2009) and 7 percent have found part-time positions (up from 3 percent in June 2009).

“Despite one of the most competitive job markets in decades, nine-in-ten workers say they have not given up on their job searches, and the amount of workers who have found work is evidence that their drive and determination are paying off,” said Brent Rasmussen, President of CareerBuilder North America.  “The number of laid-off workers who have found new full-time and part-time jobs rose in the last six months.  Although this good news reflects a healing economy, it also shows that job seekers are exploring career options in new industries and locations.”

2. Higher Salaries
Of those workers who were laid off in the last 12 months and found new jobs, 61 percent reported they were able to negotiate comparable or higher pay for their new positions. Thirty-nine percent of workers took a pay cut.

3. Greener Grass
More than half (51 percent) of laid off workers who landed new jobs said they found work in a different field than where they were previously employed. One-third of workers said they really enjoy their new positions.

4. Movin’ Out
It appears from survey results that fewer unemployed workers would consider relocating for a job opportunity; on the other hand, the number of workers who actually took an out-of-area opportunity when it arose increased in comparison to June 2009 results.

  • Twenty-six percent of workers who were laid off in the last twelve months and found jobs relocated to a new city or state, up from 20 percent in June 2009.
  • Of those who are still looking for employment, 37 percent reported they would consider relocating for a job opportunity, down from 44 percent in June.

5. Entrepreneurship
Consistent with June 2009 survey results, many job seekers, unable to find jobs,  are considering creating their own job.  Twenty-nine percent of workers who have not found jobs are considering starting their own business.

6. Expanding the Search
How did workers who were laid off in the last 12 months have since gained employment find their jobs?

  • Personal referrals (22%)
  • Online job boards (21%)
  • Newspapers and other print classifieds (11%)
  • Recruiting/staffing firms (8%)
  • Career fairs (5%)
  • Social media sites such as Facebook, MySpace, and LinkedIn (4%)

You can read the full press release here.