REDMOND, Wash. — Some of Washington state’s biggest employers have cut thousands of Puget Sound-area jobs since the start of the year, including Seattle-based Amazon, Factoria-based T-Mobile, and Seattle-based Starbucks.
Starbucks just announced the elimination of 61 jobs at its corporate headquarters in Seattle’s SODO neighborhood this week, according to statistics published by the Washington State Employment Security Department.
So, what should we all be doing to prepare for that heartbreaking reality that’s facing so many workers right now?
Adam Powell, a financial advisor with the Private Security Group, joined ARC Seattle co-anchors Steve McCarron and Tyrah Majors to chat about how we can protect ourselves financially during these uncertain times, the first financial move someone should make if they get laid off from their job, and where you should keep your emergency fund right now.
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