How do Competitors Respond to Large Corporate Lay-offs?
When Target recently announced they will be closing down all Canadian operations the focus, understandably, fell on the thousands of workers who will suddenly find themselves jobless. While pundits will speculate as to why the retail giant failed to flourish north of the border, the retail industry will begin to reshape itself to accommodate this departure. Sadly, however, retail is not the only industry to have experienced such large-scale lay-offs in recent years; many employment sectors have had to face these realities, many of whom have, fortunately, been able to suitably recover. Having said that, at the base of these events are the solitary workers who will need to polish their resumes and hit the job trail. To help put this into context, we recently talked with Matthew Wiazowski, Recruiting Team Lead at Ubisoft Montreal, the world’s largest video game development studio, and spoke to him about large corporate lay-offs, their impact on employment sectors and what these job seekers can do to find work.