Careers Slideshow:
The Upside of Getting Downsized

Just because you've been downsized doesn't mean you have to stay down and out. Many employees who've been laid off due to downsizing are finding their way back to the workforce, even if they have to make some sacrifices along the way. In fact, a majority of the workers laid off in the last year have found jobs, according to a survey from Career Builder. Many were willing to relocate or even undergo a complete career makeover in order to get back in the game, the survey finds. Meanwhile, job seekers who are unfamiliar with new technologies can struggle, as not being up-to-snuff skill-wise can have a far-reaching economic impact, says Brent Rasmussen, president of CareerBuilder North America. "We have a growing skills gap and the need to get millions of Americans back to work," he says. "As the economy recovers, we must focus on retraining workers to help them move to new fields with a greater number of opportunities." More than 800 professionals who were laid off from full-time jobs in the past year took part in the research. Here are selected highlights: