Today’s case study comes from the Tribune Publishing Company, the owner and operator of the Chicago Tribune, Baltimore Sun, and the New York Daily News (amongst others). The print media industry was already in secular decline before the coronavirus pandemic, which further devastated advertising revenues. In response, Tribune announced temporary furloughs and permanent pay cuts…
Join the Office Fantasy League
Several years ago, I was starting a new job after having been laid off at a previous one. My boss approached me a few weeks after my start date to tell me about an office dynasty (fantasy sports) league that had been running for ten years. A few teams were dropping out that year and…
Your Boss is Not Your Company
Years ago, a friend was voluntold to attend a recruiting event his employer organized at our alma mater. Afterwards, he told me about all the fresh-faced college students waxing poetic to the VPs about how great they thought the bank was. How it had been their dream to work in banking since they were three…
How to Handle Offers from “Safety Jobs”
A friend received an offer for a position that he applied to. Great, right? Unfortunately, it was from his safety job. A safety job is the employee equivalent of a safety school, a sub-optimal college that a high school student applies to as a backup in case they are rejected by their target schools. Similarly,…
Do Not Chase Credentials
If you’re unemployed or underemployed, there may come a time when you decide that a lack of credentials is what’s holding you back. You convince yourself that adding a certification or designation will make your resume more appealing to potential employers. You may even start looking into expensive graduate school options. Although earning (meaningful) credentials…