How To Cope-Up With Retrenchment And Unemployment During Covid-19?

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How To Cope Up With Retrenchment And Unemployment During Covid-19

Retrenchment And Unemployment State During Covid-19 Outbreak

I’m sure you are aware of the Covid-19 outbreak in various countries. Businesses are struggling and some businesses even shut down. For those businesses that are still alive, the employers are laying off staffs or forcing them to take unpaid leaves until further notice.

For those who are just earning enough to survive and living from one paycheque to another in Malaysia, they are in pain … the pain is not bearable and I understand. I saw my friends and past colleagues being either laid off or given retrenchment with a mere 24 hours notice.

What should they do? Go to labour office and make a report? Yes, maybe.

But, that doesn’t solve the problem. The problem lies is time. You are out of work for 15 to 30 days (or more) and you need to find the right resources to get your money back to put food on the table.

In this article, I’m going to show you how you can copy up with retrenchment and unemployment during Covid-19 outbreak in Malaysia.

Lockdown By The Malaysian Government Isn't Always A Bad Thing

I live in Malaysia and the government had issued a partial lockdown from 18th March 2020 until 31st March 2020. A partial lockdown means:

  • No gathering in the public
  • No gathering more than 10 people at one time
  • Reduced movement (movement control for all citizens)
  • No one can use the highway for travel
  • Hotels do not accept any check-ins from 18th March onwards
  • All non-essential businesses are required to close down/shut down operations
  • Eateries are allowed to operated only by offering takeaways
  • Supermarkets and sundry shops are allowed to open for daily needed

When the government issued the above statement, people went panic beyond control. Every shelf in the market was empty and people was rushing for groceries like the one you see in World War Z (starred by Brad Pitt)

Let me tell you this.

I thought I had seen it all but this event is wayyyyy beyond the scale. Carry on reading to find out how you can leverage this time (and make more money to survive).

Food Deliveries Will Thrive

I got over a dozen emails from various food delivery services in Malaysia yesterday—promoting their latest offers and deals.

The government had been clear than while you cannot dine-in, you can always take away. Added with the fear of Covid-19, food deliveries will grow far and wide.

How can you leverage from this?

  1. Apply for GrabFood or FoodPanda
  2. Head over to any local restaurants and cafes and ask if they have short term job opportunities

Provide A Service (And Earn Commission From It)

This is a little unconventional but it may work.

The country is in partial lockdown and people are afraid (okay, majority of them). So, how can this benefits you?

By offering services that people dearly needs BUT are afraid of doing.

Let me tell you a story. A friend of mine was retrenched (ouch) and he decided to provide ‘kirim’ services for his neighbours. He will head over to the local supermarket and get things his neighbours need.

He will take a small portion of commission for the work done.

Now, the commission will not be something big that you can shout out, but it is decent enough for you to survive for a day or two.

And if you want to cope up with the retrenchment or unemployment during Covid-19 outbreak in Malaysia, this is exactly what you need to do.

Think Far And Wide Because It Is Not Over (Opportunity Hunting)

The partial lockdown in Malaysia, the unemployment state and the retrenchment are far from over. Even if the government lifts the partial lockdown state, businesses are still going to suffer.

The solution to this is to think far and wide. This is the golden period to think out of the box.

And if you are being retrenched or unemployed now, this is the time for you to do the thing that you had always wanted to do.

  • Start a blog
  • Launch your podcast
  • Create a home-based business
  • Start a dropshipping business
  • Become an entrepreneur
  • Create a chatbot
  • Become a full-time freelancer

What is the passion you had always wanted to do? This is the time to make it happen.

Major life events are often the ‘push’ that you need in life to move forward and to achieve the ultimate success.

Does any of the interests you? If yes, you are in luck. Here are some resources to get you started on the right track.

Summary: How To Cope Up With Unemployment, Retrenchment And Lockdown During Covit-19?

The Covid-19 event is a situation no one wished for. However, this is also something that we have no control of.

What we can do right now is to brace for it … and start working on your dreams.

If you are reading this, leave a comment and tell me what you are doing during this down time.

Reginald Chan

Reginald Chan

A meticulous entrepreneur by nature and a serial entrepreneur. Founded a few awesome startups including Marketing Lancers and He is also the founder of Fatherhood Talks and leading columnist for some large publications.

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