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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m not a political partisan but my agency will likely face massive cuts. I’ve spent two decades in a specialized job and the skills can’t transfer easily elsewhere. Just so incredibly worried now. [/quote] All this social media crazy talk about federal agency closures and RIF creates a risk of federal employees proactively cutting down on their planned major, discretionary purchases and going into max saving mode. That may impact demand for private sector goods and services and trigger more private sector cost cutting announcements. All of that regardless if these speculations about federal RIF/closures ever materialize. [/quote] I'm a fed and I'm absolutely saving money right now. I've also made multiple contingency plans for if I get laid off, updated my resume and double checked all my resumes and such are up to date. It costs me nothing to do this.[/quote]
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