How likely are you to lose your job due to the impending economic calamity?

[CloudsCanLookLikeSheep]

The economy is screwed and so are we. I'm currently furloughed but due to return in a couple of weeks (they are rotating team members). My job involves a lot of travel so whilst it is possible to do it from home, it's not really the same level of quality and they could probably have more work done with less people once the travel element is removed (it wouldn't be classed as essential business travel). Can't see me doing any work related travel this year at least.

The company I work for is not first in line to go bust (like retail, travel etc) but does offer services to some of those industries so if major clients go bust then it will certainly affect income.

I'd say I'm 50:50 that I'll be made redundant, usually i'd just pick up contract work in that scenario but I can see there being lots of people in the same boat and very few contracts.

Trying to save as much money as possible now to add to meagre savings. Husband doesn't work but rents out a property which would tide us over, so long as our tenants continued to be able to pay rent.

I think at least half of people who are furloughed will be made redundant, scary times

I’ve been furloughed as a school secretary work that one out? Not sure I’d be made redundant, but mine was based on ‘we’re doing you a favour as you have kids’ the headmasters PA is doing some of my stuff —badly— and she’s also covering the registrar who’s shielding.
Dh was furloughed for three weeks, he’s in construction management. He’s the only one that’s been called back out of his team, but he’s senior to them and knows the ins and outs of all the sites.

My job will almost certainly be at risk. We work from hospitals but not considered essential and not NHS and we are funded by a major charity who has said they are losing up to 50% of their fundraising revenue during lock down. It is always precarious whether funding is renewed each year so come December I possibly wont have a job.

DH - pretty safe, key worker (tfl) working from home.

Me - on mat leave from office job, what I've got going for me is that I'm one of the language speakers and some may have gone home due to brexit/corona virus. Not sure if I'll go back as DS1 is due to start reception and I also have DS2 to think about. Luckily I was mainly working to pay for DS1s nice nursery/swimming lessons/treats and that probably won't be happening for a while.

I imagine this will be used an excuse to outsource and automate many jobs.

I’m in hospitality and it doesn’t look good. I’m expecting to be asked to go part time, and I can’t really afford that. I’d rather take redundancy at this point to be honest. Does anyone know when during this furlough process I can claim redundancy? I assume if they change the terms again I don’t have to agree them? It’s hard to find out, I’ve looked a lot to figure out where I stand. Thanks if anyone knows!

Sadly, pretty likely. There have been job losses in the company already.

Owls, you can refuse the furlough and your employer then has to let you return to work, up to them if they make you redundant, they could offer alternatives etc. I work in HR so feel free to PM me!

I think I’m pretty safe. I’m a senior leader in a school. My particular leadership role is one that’s unlikely to be made redundant, even if the school runs into financial difficulties. I also teach a significant chunk of the exam classes in a subject that has been plagued with staffing issues for years.

DH is a doctor in a vastly understaffed speciality so he'll be ok.

I work for a bank and think it'll be 50:50 chances whether I keep my job say beyond September. My department overall will stay but I suspect headcount will be reduced. What reassures me a little bit is that I'm a high performer and as I'm in a regional office am cheaper to employ than my London based colleagues.

My company already In administration, not quite redundant yet but likely to be in the coming months. I worry about finding a new job especially when I have primary age dc to take into account

I work in financial services and I can see it being 50/50.

I think anyone who works in Travel, Hospitality, paid charity work, retail, journalism, advertising, some self employed trades, contract workers, oil industry, airport staff, car sales, taxi drivers could be looking at hard times or redundancy where employed. Probably other industries too. Contract workers will definitely be at risk when their contracts end unless in a solid industry.

I’m another one in an independent school. I work in the nursery class, our class is very small and won’t be a priority if they need to trim things down. I’m currently furloughed and not feeling very optimistic.

@ssd I work in a male dominated environment and I’m the second most senior female with staff of around 230. It would hugely skew their figures if I were to go, and they’ve signed up to a program trying to get their gender figures better. PR wise it wouldn’t be a good story for them, but if we lost our biggest client they might do it.

Currently WFH and should be OK, fIngers crossed. Work for a charity and as long as the charity is able to keep going then my job is very necessary as I'm one of the people who brings in money for the charity.

@OwlsFlyByNight

I don’t know if they are open or not at the moment but you can get free employment law advice from ACAS.

I think my employees can survive C-vid, not sure we can survive Brexit in the back of it.
So I've probably got employment until then.

Employers