When your company takes cost-cutting measures, it can feel devastating—but it doesn’t have to stall your career. In fact, a downsizing company can even be a springboard for your growth. Here’s how to continue advancing in the face of spending freezes or job cuts. First, reframe your thinking. Experiencing a range of emotions—sadness, anger, self-doubt—is natural during times of organizational turmoil. But don’t shut down. Instead, look for opportunities to fill gaps in work, demonstrate leadership, and prove your value. Ask yourself: Where can I fill the vacuum? Align your efforts with the company’s new priorities, looking for ways to make a tangible impact quickly. Finally, even if advancement isn’t possible in the short term, you can still open negotiations with your boss about your long-term growth. To do this, you might say something like, “While I understand that major changes might not be possible right now, I wanted to discuss the possibility of revisiting my position down the road as I take on new responsibilities.” Starting the conversation early will help you earn the recognition you deserve.
This tip is adapted from “How to Advance Your Career When Your Company Is Downsizing,” by Melody Wilding
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