Managers see redundancy as inevitable
Managers across the insurance sector have accepted their own redundancy as 'inevitable', according to evidence compiled by the Chartered Management Institute (CMI).
According to the Institute, analysis of calls to the CMI's redundancy hotline, combined with a series of polls, shows that executives have moved from 'concern about job security' to 'preparing for a job hunt'.
Against a backdrop of over 50,000 job losses since January 5 and a total of 1.92 million unemployed, key findings of the survey including:
• amongst the most common 'redundancy checklists' sought by individuals in December and January, was 'coping with redundancy: the next day'. The lowest
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