Beware the Sneaky PIP - How Companies Use Aggressive "Performance Management" to Conceal Layoffs In a Downturn And How to Protect Yourself
Description
In this episode, I break down the trend that we're starting to see in tech - companies using creative "performance management" strategies to cut costs and people in order to avoid labeling them as layoffs and avoid paying severance. These strategies also help companies shift the blame for a downward trend and buy time with investors, while you're left holding the blame bag.
Tune in to this episode to find out:
1) How to recognize a "sneaky PIP (Performance Improvement Plan)" is coming,
2) Why most companies use sneaky PIPs during downturns to conceal layoffs and hiring freezes and buy time with investors,
3) How to proactively manage your situation in a way that saves you money and time.
Getting support during this time of your career is critical. If you're interested in joining a confidential support group of female peers in tech who are affected by these trends, please indicate your interest by filling out a 1 minute confidential survey here: https://forms.gle/xvwfQV4SMLnLTQRV9
United States
