Resume Builder, the premier resource for professional resume templates and career advice, has published a survey report examining how layoffs impact workers and what compromises they are willing to make to avoid losing their jobs. The survey collected responses from 1,250 workers in the United States.
According to the survey, 76% of workers would be willing to work weekends to avoid being laid off. Similarly, 58% would accept less desirable work, 48% would forgo taking time off in the foreseeable future, 43% would endure a longer commute, 38% would relocate, and 37% would switch to a part-time or freelance position. Additionally, 32% are willing to accept a demotion, and 31% would agree to a pay reduction.
“When facing a potential layoff, negotiating to retain your position, even if it involves a pay cut or longer hours, can provide valuable time to explore other options, such as seeking additional income or initiating a job search, says Stacie Haller, Resume Builder’s chief career advisor. “Staying employed while you evaluate your next steps can offer stability and a clearer path forward.”
Workers express concerns about being laid off, including the ability to pay rent or mortgage, losing benefits, affording food, disappointing family, finding a new job, and the negative impact on their mental health. Among respondents, 19% report that they could sustain their current lifestyle for only one week or less if they were laid off. Further, 22% say they could manage for two to four weeks, 28% for one to three months, 15% for four to six months, 6% for seven to 12 months, and 10% for more than a year.
