Careers Slideshow: The Upside of Getting Downsized

By Dennis McCafferty  |  Posted 12-29-2011

The Upside of Getting Downsized

60% of workers who were laid off in the last year have landed new jobs.

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88% of those workers found full-time jobs.

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54% of downsized professionals who found work got jobs in entirely new fields.

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36% of laid-off employees who found a job relocated to a new city or state to do so.

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5% of those who found work say they took a pay cut to do so, down from 47% last year.

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27% of downsized employees with jobs say they're making more than before, up from 22% last year.

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56% of those still looking for jobs say they're nervous about re-entering the workplace after extended unemployment.

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What makes unemployed professionals the most nervous: Pressure to prove themselves again (as cited by 50% of those seeking work) Fear of the unknown (40%) Potential unfamiliarity with new technologies (21%)

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38% of those still looking for work say they'd consider relocating for a position.

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27% of laid-off workers who haven't found a job are considering starting their own business.

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