The Falling Ax
Anita Sharpe on Business
I heard from an old friend who climbed the rungs at a Fortune 500 company for nearly 20 years, but expects the ladder to be pulled out from under him any week now. He doesn't work at Hewlett-Packard, which just announced more than 14,000 job cuts nor does he work at Kodak, which today added 10,000 more layoffs to the 12,000 cuts announced last year. He's a middle manager at another one of the many corporate giants trimming its payroll.
My friend is thinking of striking out on his own, or going to work for a small business. Not so long ago, that would have been a seriously risky move with no real ladder to climb and no guaranteed pension (heck, how about no guaranteed paycheck?)
But of course, risk is all there is now when it comes to careers. So, why not go for broke and love what you do?
And, I'm curious: since, I've never worked for a huge corporation (unless you count the Wall Street Journal ), what are some of the things that make a big company a great place to work now that job security and pensions aren't part of the package?