If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Banks are failing, consolidating and disappearing on a regular basis, the banking world is consolidating and jobs are being phased out, maybe yours. As one behemoth banks gobbles down another the economies of scale raise their ugly head and entire departments are eliminated.

So if your job was to vanish, your good banking job, what would you like to do? Would you reinvent yourself, would you go back into banking? What would you do?

We’ve now swung from the job worry times when India outsourcing was all the rage to a time when there are fewer bank jobs to even outsource. I wonder how many of those bank employees that are soon to find they don’t need to put their pants on each morning to go to work will stay in banking or turn to other careers?

Banker one day and then e-procurement or reverse auctions expert the next. Rough economic times should give in banking pause to remember that it is easy to become the person on the other end of the phone being called by the bank for payments. All it takes is a sudden and unforeseen economic crisis like we experienced in September, 2008.

Be thankful for your banking job, it could easily be gone tomorrow.