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HP to Slash up to 9,000 Jobs + How to Make Yourself Employable

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Computer giant HP says it will cut up to 9,000 jobs, or 16% of its workforce, through firings and voluntary early retirement amid difficulty with its printing business. The California-based company said the layoffs are part of a restructuring plan that will save the company $1 billion by the end of 2022. The move, which is meant “to cut costs and boost sales growth,” said Bloomberg, comes as the company’s CEO of four years is stepping down. Dion Weisler will be replaced by HP executive Enrique Lores.

What if your job is making cuts? How do you become more employable? According to The Wall Street Journal, employers are becoming less picky, dropping skill and degree requirements to attract a larger pool of job candidates — especially in cities with the lowest levels of unemployment, such as Dallas or Louisville. The report states that an extra 1 million jobs were opened up to candidates last year with “no experience necessary.” But how do you go about getting yourself ready and employable in order to make the power switch? The following are five tips:

1. Be Proactive

Instead of waiting around to see who is hiring or simply just looking at job boards, look around, and make inquiries. What kind of job are you looking for? What environment are you interested in working in? Are there competitors to your current employer? Do you have an ideal place you want to work? All of these questions will allow you to determine who you should be reaching out to and how you should approach it. Being proactive can help show employers that you are the kind of person that takes the initiative.

2. Use Social Media

In today’s day and age, there isn’t a potential employer who will not search for you on social media when the time comes. Because of this, it is important that you start to build a strong profile online. Doing this can increase your chances of making that employment power switch and land the job of your dreams. LinkedIn is your best friend professionally, so make sure your profile is up-to-date. Many recruitment agencies use LinkedIn as a prospecting tool, so this may also help increase your visibility.

3. Have Unwavering Belief in Your Abilities

Right now, as we speak, there is someone living out their best life because they just believed in themselves, and conversely, there are people who have the skills and ability, but because of their lack of belief in themselves, they are not living up to their full potential. Be the former! Stop allowing yourself to be your biggest obstacle. Have an unwavering belief in your abilities, and even if a job says no, understand that it is their loss, not yours. Any employer would be privileged to have you on their team. Know that and believe in that fact as you step out to find your perfect employer match.

4. Keep Learn New Things

Never become so complacent with where you are right now that you don’t do what you need to do to maintain or increase your value in the marketplace. Even if you have been working in the same job or field for a few years, make sure you are engaging yourself in self-development on a regular basis. This may include developing in areas that have nothing to do with your current position but understand that the more you know, the more opportunities you allow to open up for you. There are many online courses that you can take or even certificate programs that can significantly increase your value.

5. Shake Hands & Kiss Babies

Lastly, make sure you become a master networker. The saying that “It’s not what you know, but who you know” is so accurate. The only twist to that is, “Who you know will get you in the door, but what you know will keep you there.” Your network is your net-worth. Make sure you are networking in the industry or profession that you are interested in. You will realize how small the world is and may be able to connect with the hiring manager directly, or even make such a good impression that the opportunities start pouring in re-actively. Either way, your ability to make a good impression and be around the right people may help you land your dream job.

Ash Exantus aka Ash Cash is one of the nation’s top personal finance experts. Dubbed as the Financial Motivator, he uses a culturally responsive approach in teaching financial literacy. He is the Head of Financial Education at BankMobile and Editor-in-Chief at Paradigm Money. The views and opinions expressed are those of Ash Cash and not the views of BankMobile and/or its affiliates.

The Daily Digm (News)

T-Mobile’s Dream of Telecommunications Domination Gets the OK + How to Create Mental Toughness While Pursuing Your Dreams

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T-Mobile’s $26 billion takeover of Sprint finally got approved by a federal judge, a move that will leave most wireless consumers with three major operators to choose from, including Verizon and AT&T. More than a dozen attorneys general had sued to block the merger that had already been approved by the Justice Department and Federal Communications Commission. The administration has required T-Mobile and Sprint to sell some units to pay-TV operator Dish Network as part of the deal.

Dream chasing isn’t for the faint at heart. It can take years before one sees the financial payoff of what was once an idea. T-Mobile is probably patient on the outside, but internal it is jumping for joy. It took them a few years to get to this point, but I’m sure they will be relieved at the fruits of their patients.

When building a business, your goal has to be more than money, or you will ultimately fail. Your drive has to be based on principle, change, and something greater than yourself. Here is how to stay mentally tough while pursuing your dreams.

Personal Development. The road to success is paved with character and growth. Personal development is one of the key drivers that sustain you on the path of your dreams. Trustworthiness, keeping your word, and dependability are imperative to any industry. It doesn’t matter if you’re a musician or painter, lawyer or doctor, these traits and non-negotiable and forever transferable to success.

Take Breaks. To get there, you must rest one mile at a time. The grind is overrated. Reflecting on how far you’ve come energizes you for the road ahead. Burnout is a danger to your accomplishments and leads to a failure by default.

Stay Hungry. Stay Foolish. Steve Jobs popularized this quote from an ad in The Whole Earth Catalog. It read Stay Hungry. Stay Foolish. We come to a point when we are happy with a level of progress and think we’ve learned everything. Accepting the truth that we never stop growing, and there is no limit to our success gives us the ability to keep going. To continue, you must never settle. You must always seek new ways of fixing things and solving problems. Discover new opportunities and be open to learning more.

Faith. Steve Jobs also mentioned faith throughout his journey. Believing so deeply in an idea that you make it come to life. Belief takes ideas and materializes them; and when you realize you can actually make something come to life, the sky becomes your launching pad, not the limit.

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Amazon Plans to Add 15,000 Jobs + How to Prepare for the Job You Want

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Amazon says it will hire 15,000 more people at its Bellevue, Washington, campus, as part of the company’s effort to allocate new workers after it abandoned its plans for New York City. The e-commerce giant had issues in New York trying to open a facility there, called Bellevue, where 2,000 employees are already located, a “business-friendly city.” It’s also close to the company’s Seattle headquarters. This is good news for those in the job market but if this isn’t what you are looking to do then how do you make yourself valuable in the job market?

Here are four ways to prepare for the job you want no matter your age:

1. Focus on Your Strengths, Not What You’re Lacking

Whether you are 20 years old or over 40 instead of focusing on your age, you need to focus on your strengths. Many young people with limited experience or older people who may not be up to date with the latest technologies focus on what they’re lacking, and this is a big mistake. Do you have the qualifications for the job? Can you bring value to this position? Whatever your strong suits are you should play that up in your resume, cover letter or communications with the recruiter. It’s easy to focus on why you can’t get the job, but the trick is not to let that get to you. Focus on your value!

2. Attack Your Job Search from All Angles

Networking, Answering ads and/or working with recruiters are the most effective ways to land a job. It is important that you just don’t focus on one method but all three. Networking obviously is the ideal way because it allows you to communicate your value directly, but the other methods have their benefits as well. Be proactive and use each method effectively.

3. Show/Explain Your Leadership Abilities and/or Innovation

Leadership and taking the initiative have nothing to do with age. Young leaders and old leaders can be more or equally effective as those who have the “ideal” age. Focus on your leadership abilities and be sure to display this to your current or potential employee. Also, make sure you are keeping up to date with current trends in your industry. This will allow you to show your innovation and add more value to your company.

4. Ask For What You are Worth

Lastly, ask for what you are worth. Don’t let being “too young” or “too old” deter you from asking for a salary you deserve. In fact, trying to downplay your worth may very well backfire on you. Also, if you have been with a company for a long time and your salary outpaces what the position is worth making sure you are adding to your skill set and not staying complacent.

Following these four tips can help you gain or retain employment. What are some other ways? Comment below>>>

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New Survey Says that Young People Don’t Like Job Hopping + How to Get Paid What You’re Worth

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Contrary to popular belief young people are not keen on job-hopping as most people think. According to a new survey, U.S. millennials and Gen Zers want to stay at their current companies for an average of 10 years and six years, respectively. Additionally, they say work is a major part of their lives, with 65% of people in Gen Z and 73% of millennials saying it’s part of their identities, according to a Zapier-sponsored poll. The age groups’ actions reflect the findings: Seven in 10 say they constantly check work messages outside the office. This is great for corporations but what does that mean for business owners?

If you are a freelancer or entrepreneur you know all too well the fight to get what you are worth. You will constantly be bombarded with offers to work for less or even for “exposure” as many like to call it now. But how do you gain the confidence and know how to charge and get what you’re worth? Here are 3 tips:

Build Your Resume. It’s said that if you do what you love you’ll never work a day in your life. Pursuing your passions and getting paid for it is the ultimate professional dream. You may have to start by working for free or at a discount rate to builds skill, ability, and your resume but once you have some stats under your belt its time to get that money… Keep in mind that if you are only in it for the money it will be difficult to experience long term financial gains so make sure you are pursuing your passion not only the paycheck.

Set a Standard. Pioneers have the ability to set standards. And even if you are providing services already in the market, no one can deliver them quite like you. Style and quality set you aside from others opening up a field of buyers seeking exactly what you offer.

Don’t Give In. A colorist (a person who literally adds color by hand or digitally in films and visual media; yes, there is a path for everyone) from Brooklyn, NYC once told me he had to be firm with pricing because he didn’t want to become that guy who works for free. After you have put in the work and set a standard you must not give in to fees below your ability. Yes, flexibility is key but don’t short change yourself. Getting paid your worth is ultimately the result of you believing in your ability and knowing there are people who will pay for it.

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