Redundancy

In recent weeks, newspapers have been dominated by headlines such as:

Pfizer set to reduce workforce by 500
Vodafone plans to cut 11,000 jobs
PwC announces 600 job cuts
Citi has initiated hundreds of job cuts
Rolls Royce to slash 2,500 jobs
KPMG to cut hundreds of jobs
S4 Capital implementing 500 job cuts
Thames Water – 300 jobs down the drain

However, it’s important to delve into the reality behind these headline numbers.

The first crucial point to note is that the announced cuts will not take place immediately; a thorough and legal redundancy process must take place. During this period, the company’s natural attrition rate will influence the actual number of redundancies. 

Things that may happen include:-

• Temporary and contract staff may not have their contracts renewed –
• People leave for a new role
• Individuals may retire
• Individuals will switch teams internally
• Deaths and long-term sickness  may happen

The ultimate number of individuals that will be made redundant is very likely to be significantly less than the attention-grabbing headline figures would suggest. 

So to conclude it is not as bad as the papers suggest……But what if you are one of the unlucky few?

Job Hunting After Redundancy
We understand that facing redundancy can be a challenging chapter in your career. Whether unexpected or anticipated, it’s crucial to remember that your skills and talents are still in demand! 

KHR Recruitment Specialists are here to support you through the job hunting process. Our experienced team of consultants is dedicated to helping you find your next exciting opportunity.

Here’s what we offer:

Tailored Guidance: Your journey is unique, and so are your skills. Our consultants provide personalised advice to highlight your strengths, making you stand out in the current job market.

Professional CV support: Crafting a compelling CV is key. We’ll assist you in showcasing your achievements and experience to make a lasting impression on potential employers.

Interview preparation: Go into your interview with confidence! Our team will share tips and techniques to help you shine in any interview format.

Industry expertise: We have been working in the Kent job market for 25 years and understand its intricacies. Let us connect you with the right opportunities that align with your career goals.

Here come the cliches:
Remember, redundancy is just a bend in the road, not the end of it! Embrace the chance for new beginnings and exciting possibilities.

The next chapter of your career journey starts by getting in touch with KHR!