50% of Companies Expect Layoffs. Here's What Workers Should Do to Prepare

50% of Companies Expect Layoffs. Here's What Workers Should Do to Prepare

The Federal Reserve is trying to slow the pace of inflation by implementing interest rate hikes. While we can't say with certainty that a full-blown recession will hit in the near term, it's important for workers to prepare for one -- and the layoffs that might come with one. One of the best ways to gear up for a layoff is to boost your emergency fund.