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Worst Month of Layoffs In Over a Year! What if Lumen is Affected?

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According to Forbes , “U.S.-based employers cut 90,309 jobs in March, the highest of any month since 102,943 jobs were lost in January of last year”. Lumen employees should be aware that employers continue to lay off large numbers of workers.

With 20 million manufacturing jobs predicted to be lost to automation by 2030, 37% of Americans are concerned about being replaced by artificial intelligence. In addition, automation has the potential to eliminate 73 million jobs in the United States by 2030, which would represent a staggering 46% of the current workforce. Taking this into account, Lumen employees who are becoming increasingly anxious about their job security should not feel alone. Approximately 48 percent of Americans experience job loss anxiety.

In a Forbes article,  Dr. Gregg Jantz , founder of the counseling and treatment center: A Place of Hope, and the best-selling author of The Anxiety Reset Continued claims that after death, job loss is one of life's most stressful events. 'People feel a betrayal of trust, particularly when the job loss is unexpected.' It's so distressing.'

As more headlines about tech industry layoffs appear in the news, it can become difficult for Lumen employees to control their emotions. According to Dr. Jantz, the typical reaction to betrayal is rage. The feeling that the employer did not respect or value you is a sense of injustice. People become extremely upset when they believe their employer does not value their efforts. You desire vengeance, retaliation, and revenge against those you believe have wronged you. In addition to the rising number of layoffs, Dr. Jantz asserts, 'Our country is in the midst of a mental health crisis.' The leading diagnosis in the United States is anxiety, followed by depression. When a person loses his or her job, these emotions intensify. It is important to remember that 40% of Americans have been laid off or fired at least once during these times. While this may not solve your problem, you may find solace in the fact that others have endured a similar circumstance. Recognizing these emotions and refraining from acting impulsively is vital to your health.

Chart on Employee Concerns with Layoffs

What Not To Do When Being Laid Off

  • Don't Leave Without Saving Critical Documents
    It is advisable to regularly save documents of personal or professional interest from your work computer. Some employers will escort terminated employees off the premises or immediately restrict their access. You must ensure that no important information is left behind.

  • Don't Discuss Termination Before Taking Time to Process
    When laid off, you may experience anger and stress. Communicating with management while experiencing these emotions could be detrimental to your objectives. Request a meeting in two days to have this discussion. In the interim, investigate the company's policies and practices so that, if possible, you are prepared to negotiate a reasonable severance package. Assuming you're unable to delay a decision on a severance package if it's offered, you should consider the terms and whether it's worth negotiating to get a more comprehensive package.

Don’t Refuse to Help With the Transition
By facilitating a seamless transition, you will be remembered as a superior employee and may receive favorable referrals and recommendations. Even when you're in a bad situation, being kind will benefit you in the long run. At the very least, you will have made an honest effort to assist your employer, which could result in a favorable reference.

  • Don't Ignore the Opportunity to Resign
    In some cases, resignation may be an alternative to termination. There are pros and cons to resigning instead of being terminated. You may forfeit unemployment benefits if you resign, but in certain circumstances you can save face. During job interviews, you will not be required to discuss being fired, which can be challenging.

  • Don't Be Afraid to Request a Reference
    If you have supportive coworkers, ask them for a recommendation while you are in close contact with them. You can benefit from their recommendation when searching for your next position.

  • Do Not Miss the Opportunity to Ask Why
    If your employer has not followed company policy regarding due process, you may be able to petition human resources for additional time to rectify your deficiencies. You may also be protected by an employment contract, union contract, or anti-discrimination statute.

  • Don't Announce Your Firing Immediately
    Take the time to consider your message and how you'd like to be perceived by colleagues and other professional contacts before announcing that you've lost your job.

Factors to Consider

If a hypothetical Lumen employee were to be laid off, it can be a difficult issue to face. Transitions can be challenging, with negative emotions intensifying and diminishing productivity. Those who have lost their jobs frequently experience feelings of uncontrollable fear, negative self-perception, and self-devaluation. While you have the right to experience these emotions, you must be mindful and cautious not to let them control you. Giving these types of thoughts too much weight may prevent you from progressing toward a better future and lead you to do something you may later regret. It is imperative not to vent on social media about your former employer immediately after being fired. For Lumen employees, even if they are mistaken, you have much more to lose. Giving yourself 24 hours will give you time to lessen the intensity of your emotions. You will become a victim if you allow yourself to be overcome by rage and send nasty emails, which will hinder your future job search. In addition, if you express anger and feelings of betrayal, you may appear to be at fault, which is extremely counterproductive in an interview setting.

Lumen employees may also benefit from carefully choosing their words and only sharing them with trusted parties. 'Be mindful of what you do to the people around you, such as venting continuously, being irritable, and projecting your anger onto others. You are addressing it to your loved ones, even though they had nothing to do with this event. This is not how you should express your emotions.' Dr. Jantz gave advice.

Adaptation Strategies for Lumen Employees

It is essential for Lumen employees with overwhelming emotions to practice good self-care and be resilient. When confronted with anger, contributing positively to your nutrition, sleep, and physical routine may prove beneficial. Walking, working out, and exercising are all methods of anger management. In addition, writing down your emotions, avoiding self-destructive behavior, and realizing that you cannot punish yourself for what has occurred are additional ways to manage these intense negative emotions. One must also reconsider and reevaluate what must be done to strengthen and improve health. Those who formerly worked for Lumen are more likely to exhibit depressive symptoms if they isolate, remain indoors constantly and withdraw.

While it's important for Lumen employees to view their work as part of their identity, it's risky to make it your sole identity. According to a study published in the journal  Frontiers of Psychology , individuals who reduced themselves to their jobs felt dehumanized, like a machine or a tool, and had higher levels of disengagement, depression, and burnout. In light of this, Lumen employees may benefit from understanding the concept of self-complexity. Self-complexity reflects the variety of characteristics that comprise the significant facets of who you are. The more complex your personality, the more resilient you are. Therefore, it is essential to consider diversifying your sense of self, just as you would your finances. You can create self-complexity and diversify your identity by investing in various aspects of your life. Thus, when things are not going well at work, you will not lose all sense of self. You may decide to devote time to your hobbies, spirituality, or health. Lumen employees may mitigate feelings of depression and anxiety following a layoff if they are resilient and persistently strive for excellence. It is essential to ask oneself, 'Am I filled with anger and resentment? Have fear and anxiety taken over my life?' Utilize positive reassurance to accept that there is nothing wrong with you and that you are simply going through a difficult transition in life.

What specific retirement benefits does Lumen Technologies, Inc. offer to employees who have dedicated many years of service to the company? In what ways do these benefits reflect Lumen's commitment to taking care of its employees post-retirement, and how do they align with the company's overall values regarding employee welfare and support?

Retirement Benefits: Lumen Technologies offers its employees retirement benefits that include 401(k) plans and pension options, reflecting its commitment to post-retirement welfare. These benefits are aligned with Lumen’s values of providing security and care for its employees after years of dedicated service. They are designed to ensure long-term financial stability for retirees, aligning with Lumen's mission of enhancing employee well-being​(Lumen Technologies Inc_…).

As an employee of Lumen Technologies, Inc., how can you effectively plan for your retirement to maximize your benefits? What factors should you consider, and what resources does Lumen provide to help employees navigate the complexities of retirement planning to ensure a secure financial future?

Retirement Planning: As an employee of Lumen Technologies, you should consider factors like years of service, retirement plan contributions, and projected retirement age to maximize your benefits. Lumen provides resources such as retirement calculators and financial planning tools to help employees navigate these complexities and secure their financial future post-retirement​(Lumen Technologies Inc_…).

How do Lumen Technologies, Inc.'s retirement plans compare with the industry standards? In which areas can Lumen improve its offerings to remain competitive and retain top talent while ensuring the financial security of its employees in their retirement years?

Comparison with Industry Standards: Lumen’s retirement plans are competitive within the industry, but improvements could be made in areas such as enhanced pension offerings or matching contributions in the 401(k) plans to attract and retain top talent. This would ensure financial security for employees in their retirement years while keeping Lumen competitive in the market​(Lumen Technologies Inc_…).

Can you explain the role of the HRCC (Human Resources and Compensation Committee) at Lumen Technologies, Inc. in overseeing employee retirement plans? What measures does this committee take to ensure that retirement benefits remain aligned with the organization’s goals and employee expectations?

HRCC Role in Retirement Plans: The Human Resources and Compensation Committee (HRCC) at Lumen oversees retirement benefits to ensure they align with the company’s goals and employee expectations. The committee reviews and updates the plans regularly, ensuring they remain relevant and meet both the company’s financial objectives and the needs of its employees​(Lumen Technologies Inc_…).

What changes to federal regulations or IRS limits in 2024 could potentially impact Lumen Technologies, Inc.'s retirement plans? How should employees prepare for these potential changes to ensure they are fully utilizing their benefits?

Federal Regulation Changes in 2024: Changes to IRS limits or federal regulations, such as adjustments to contribution caps or tax deductions, could impact Lumen’s retirement plans. Employees should stay informed about these changes to fully utilize their benefits, and Lumen’s HR team provides updates and resources to assist in navigating these regulatory adjustments​(Lumen Technologies Inc_…).

How does Lumen Technologies, Inc. ensure that all employees are aware of their retirement options? What communication strategies does the company employ to make sure employees understand the specifics of their retirement benefits and the necessary steps for enrollment or participation?

Employee Awareness of Retirement Options: Lumen employs a variety of communication strategies, including workshops, online resources, and HR consultations, to ensure that employees are aware of their retirement options. Regular updates and easy access to information help employees understand the steps needed for enrollment or participation​(Lumen Technologies Inc_…).

In the event of unforeseen circumstances, such as death or disability, how does Lumen Technologies, Inc. protect the retirement benefits of its employees and their families? What provisions are specifically designed to support employees and their loved ones during these challenging times?

Protection of Retirement Benefits: In cases of death or disability, Lumen has provisions to protect retirement benefits for employees and their families. Survivor benefits and disability accommodations are designed to provide continued financial security for employees and their loved ones during challenging times​(Lumen Technologies Inc_…).

For employees nearing retirement at Lumen Technologies, Inc., what strategies should they adopt to ensure they transition smoothly out of the workforce? What resources or programs does Lumen offer to assist employees during this significant life change?

Transitioning to Retirement: Employees nearing retirement at Lumen can benefit from financial planning tools and transition programs offered by the company. These resources help ensure a smooth exit from the workforce and provide the necessary support for this significant life change​(Lumen Technologies Inc_…).

How is Lumen Technologies, Inc. addressing the challenges of an aging workforce regarding retirement readiness? What initiatives or programs are in place to help older employees prepare for retirement and to facilitate knowledge transfer to younger employees?

Addressing an Aging Workforce: Lumen is addressing retirement readiness through programs that help older employees prepare for their transition into retirement. These initiatives include financial education, retirement planning resources, and mentorship programs to facilitate knowledge transfer to younger employees​(Lumen Technologies Inc_…).

For employees who wish to learn more about the retirement benefits and planning processes offered by Lumen Technologies, Inc., what contact methods are available? How can employees reach out to the appropriate department for detailed inquiries and assistance regarding their retirement options?

Contact Methods for Retirement Inquiries: Employees wishing to learn more about Lumen’s retirement benefits can reach out to the HR department via phone, email, or the company’s internal benefits portal. Lumen’s HR team provides detailed assistance regarding retirement options and planning​(Lumen Technologies Inc_…).

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For more information you can reach the plan administrator for Lumen at 2500 w utopia rd Phoenix, AZ 85027-4129; or by calling them at 623-582-7000.

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