This article continues from previous post (refer here) where I discussed how to stay financially and mentally resilient during a crisis resulting in a retrenchment. The discussion apparently did not include the type of resilience such as acquisition of work skill-sets which can easily be transited from one company/ industry to another.

Why retrenchment can happen to any employed person?

Some people say “Oh retrenchment will not happen to me, because I have a stable job…Oh I am young, can find another job easily…Oh, I am highly valuable to my company…Oh my boss like me…Oh I am in civil service!”  It can be true NOW, but certainly not throughout your entire working life.

Is it a big deal that we are young now? No! I am still young also, but everyone grows old one day with more burdens on our shoulders from family expenses. Even when …