No Safe Employment Harbor in Media - Even Legal Publication with Profitable Parent Conducts Layoff (you are not special)

The old thinking used to be: Sure the industry is collapsing but there are safe niches. That's where the marketable would land on their feet, not needing a career change.

In media, which is shedding newsroom talent like dogs their coat in spring, there are fewer of those non-vulnerable sites. In legal reporting/editing, which requires specialized knowledge, it has happened. 1) There has been a 10% Reduction In Force in the newsroom. That's Law360. 2) The parent of Law360 LexisNexis is very profitable. That subscription publication is for many in the legal sector a must-read. 

So here we are. The Ah-Ha moment for those still employed in media or who plan a career in media is that there may be no safe harbors to smoothly sail into, settling in and tending to the craft of journalism.

In my intuitive career coaching I am encountering more and more knowledge workers who have less and less work. Most of them are already freelancers, that is working on contract. Puzzling, though, not many are considering a career change. It is as if they have the illusion that they are "special." The ax won't fall on them. And they assume they will continue to have access to work. On professional networks such as LinkedIn they maintain a successful front. 

Admittedly, though, most forms are career change are tough, as I explain here in an article published in O'Dwyer's Public Relations. No, it's not an adventure. You probably lose your professional identity, marketability of your knowledge base/experience, network, confidence and level of income. Age can make that even more of an ordeal.

However, carving out a new path might be the only way to continue to earn income from labor. In the interim there are survival jobs and gigs. Usually grabbing one or more is a must-do to be able to pay the bills. Meanwhile there is an exploration of a more solid way to make a good living. 

In my coaching the most successful of those in transition have reinvented themselves for the trades, personal care, government and self-employment in multiple micro enterprises. Not one client could "afford" to retire. That is less and less financially possible.

2024. You can transform the craziness of this time into unique opportunity. Jane Genova provides you with intuitive career coaching, Tarot readings and related communications. Complimentary confidential consultation. (For appointment text/phone 203-468-8579 or email janegenova374@gmail.com)

Meanwhile, please get to know me:

https://tarotreadingsforcareers.blogspot.com/

https://janegenovaintuitivecareercoaching.blogspot.com/

https://makingyourpoint.blogspot.com)

 


Comments

Post a Comment

Popular posts from this blog

Harvard/Columbia Law Students Made Their Point, Davis Polk Rescinds Their Jobs

Image
"Davis Polk & Wardwell rescinded job offers to three law students at Harvard and Columbia universities after organizations they were part of made controversial statements about the Hamas attack on Israel ... they were leaders of groups that signed on to the Joint Statement from Palestine Solidarity Groups at Columbia University and the Joint Statement by Harvard Palestine Solidarity Groups on the Situation in Palestine."   Bloomberg Law , October 17, 2023 Davis Polk did not provide the names of the students. Could privilege be part of the reason the students who made the statements might have been unaware of the potential for severe consequences? In the hood as well as lower middle class neighborhoods we were totally aware of the correlation of what came out of mouths and employment and even survival. I got down cold not to mouth off. Legendary were tales of what happened to those who did shoot off their mouths.  The clients of law firms could be among those who are creat
Read more

The Two Letters - Being from Ethiopia Doesn't Get Melat Kiros Off the Hook from Understanding the Implicit Employer-Employee Contract in America

  That first letter.  It had been sent from a number of law firms - ranging from Sidley Austin to Sullivan & Cromwell to Paul,Weiss - to a number of law school deans. As many interpreted that communication it seemed to contain a veiled threat that if perceived antisemitism wasn't stopped recruitment at those law schools could be. I experienced the tone and content as, well, heavy-handed. And I have said just that in public venues. But I no longer do contract communications assignments for law firms. No residual looping remains since I have changed careers.  When I did do law firm assignments, such as for Paul,Weiss, you bet, I avoided any tone or content even in non-related material which could throw shade on the clients. That's the way it goes.  Since before doing assignments for law firms I had worked full-time for the Fortune 50, from the get-go I got the "it" - no open disagreement with those who sign the check. In fact, the "approval channel" is
Read more

From Watergate Glam to Offering Buyouts to Reduce Manpower By 240: The Washington Post

It's another sad day in what had been glam.  The Washington Post announced its plan to downsize manpower throughout the organization by 240. That will start with buyouts.  CNN admitted it's not ready for the future. The Wall Street Journal has gone part pop culture to attract a younger audience. The average age of its reader is 59. We already know ABC probably will be up for sale. Establishment media is making its point: Its existence is uncertain. What could replace it could be digital apps on phones. Public relations folks will pitch their clients' stories to the apps. Or maybe PR also will go poof. Everyone will be an influencer. Data or the gut for your careers and communications? Both of course. Complimentary consultation with intuitive coach, content-creator, and Tarot reader Jane Genova (text 202-468-8579, janegenova374@gmail.com ).
Read more