Survivor’s anguish
APPALLED BY THE WAY her employer handled mass layoffs this summer, Cynthia Arcos-Russell could not even bring herself to look at the woman who sat across from her. As executive assistant to the vice president of the management consulting firm, she was privy to the list of employees due to get the ax that day, but she wasn't allowed to say a word. The administrator watched as her colleagues were called one by one into the conference room, only to return to their desks and find their computers locked. By noon, the carnage was over and her neighbor was packing up.
"She asked me, 'Did you know?' and even then I couldn't tell her," recalls Ms. Arcos-Russell. "I felt really horrible."
Demoralized, the administrator decided to leave on her own volition a few weeks later. After a lousy performance review, despite consistent praise from her boss, she knew the company was laying the legal groundwork to get rid of her later.
"I didn't want to stick around and risk the same shabby treatment," she says.
For employees who manage to keep their jobs amid the mass layoffs sweeping across companies large and small, being left behind can be almost as devastating as losing a job. Wracked with fear about their own future, overwhelmed by the extra workload, and angered by the way their co-workers and friends were treated, recession survivors are finding cold comfort in the fact that they are still employed.
"Survivors of layoffs feel trapped, angry, afraid, depressed," says Francyne Furman, a social worker for the employee assistance program at St. Vincent's Hospital in Manhattan, which has seen a 25% spike in clients since October.
INSTEAD OF FEELING gratitude and relief, survivors are anxious that the worst is far from over, and the numbers bear out this fear. The Independent Budget Office predicts the city will lose 242,700 jobs, or 6.4% of its workforce, through 2010, from the employment peak in 2008. The city's unemployment rate rose to 6.3% in November, one of the highest in the country. Besides Wall Street, where the major banks that remain afloat are bracing themselves for more brutal cuts, media, advertising and retail are facing second and third waves of slaughter.
"I see a lot of job candidates who are still employed but are questioning the stability of their company and are uneasy about the way downsizing was handled," says Kimberly Bishop, vice chairman of Slayton Search Partners.…
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