With today’s economic uncertainty, many companies are closing or downsizing. The majority of people are so stunned when they lose their job they become confused and make irrational decisions. If the truth were known, most people go on to bigger and better things.
If you find yourself on the roster of the newly unemployed, seek professional advice and make sure someone reviews your package. A good rule of thumb is not to sign a severance agreement until you've had ample time to think it over and do some research. It’s important to understand how this will impact your personal circumstances.