Just one month ago it was estimated that 33,000 Wall Street jobs would be gone by June 2009, but that number has come and gone after the havoc on Wall Street this week. Lehman Brothers was one of the most known and respected names on the Street, and its collapse came as a shock to those of us on the outside who didn't have a stake in the company.
Many of Lehman's now ex-employees have said that even though they spent hundreds of hours inside company walls, the whole thing came as a surprise and feels like a carpet was ripped from under them — if there's anything we can learn from their unfortunate experience, it's that we must stay on our toes. It's easy to get comfortable in a job that is seemingly secure and it's important to keep in mind that anything can happen. Find out how to hope for the best, but plan for the worst, when you read more.
Give your resume regular maintenance so all of your accomplishments are in one place: When it comes time to apply for jobs, simply tweak your main template for each position. Sustain relationships with people that have first-hand experience with your skills, and know that cultivating those connections could save you down the road. And if you have a clue that your company is in trouble keep giving it your all — when your job is eliminated, you'll need those references.