Ask A Babe

ask a question

This group of wise and courageous women have graciously agreed to become regular contributors to “Ask a Babe”—a place where you can ask the questions you long to have answered about your career and lives on Bay Street (and elsewhere). These “Babes” represent some of the most senior and successful women and they will be your trusted digital mentors.

Submit your questions by email and their responses will be provided on this site.

QBest advice to someone laid off by a major bank after 29 years?

A

My advice would be to take this time to regroup. 29 years is a very long period of time to work with an organization and end up being laid off. If you have the financial wherewithal, I would suggest taking at least six months to consider your next steps, and not making any commitments during this time. This may be your chance to try something completely different, something that has interested you but you never had time to pursue, like volunteering or working for a not for profit whose cause you really believe in. It may be a time to consider going back to school to earn a designation that would help you with a fresh start. Or you may end up wanting to go back into banking but perhaps with a smaller financial institution. After 29 years, you have considerable expertise and experience. You have lots of options open to you – it is always important to remember that you have choices.

 

- Patti Croft
Posted by Janet - Answered by Patti Croft - On Friday, June 10, 2016

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