How to be Ready for the Future of Work and the Work of the Future? Watch Preview

Retrenchment may be the best thing that happens to your career. It forces you to focus on renewal and break out of your comfort zone. There are hardly people who suffer from permanent depression due to retrenchment. Many of them bounced back stronger than before. This breakthrough will only happen if one realizes the art of career renewal before and after retrenchment

Retrenchment rose in Q1 of 2019, especially in the manufacturing sector shows that the pace of digital transformation is accelerating in jobs involving repetitive tasks. Retrenchment by itself is not a bad thing if you dig deep to find new meaning and calling for your career. Before you experience a breakthrough in your career, there will be chaos. The current turmoil in our job always prepares better for the future.

There are several valuable lessons in every retrenchment to renew our career more robustly for the future. How can we renew ourselves at work for the future now?