With 6,000 jobs already lost in the financial
sector over the last 18 months, and Larry Broaderick of the Irish Bank Officials Association (IBOA) predicting that a further 4,000 jobs will be lost in the next six months, many of those employed in finance are facing a very uncertain future.
For most people being made redundant is devastating, especially during an economic downturn where finding a new job is much more difficult than during times of stability. Although in the first instance the future can look bleak, being made redundant can however, prove to be the catalyst needed to take time out and re-evaluate your options, for example by re-training, going back into education to get higher qualifications or by becoming self-employed. More.