Signs Of Company Layoffs / Organization Might Be In Trouble
Description
No way to know with complete certainty that there are signs of trouble. However, there are some signs.
- Can't extend offers on open positions
- Interviewing is put on hold
- Open roles start closing / put on hold
- Find yourself with more spare time, over a decent amount of time
- Major projects put on hold
- HR incredibly busy
- Revenue is down
- Market is terrible (or falsely inflated)
- Banks are struggling
- Smaller layoffs have already been done
- Contractors not being extended
- Contractors getting cut before contract end date
- M&A conversations / news
- New top leaders
- Top level executives are jumping ship
- End of fiscal year
- Last minute all hands meetings
- Less involved / engaged in work you used to be ingrained in
- New tech / info is making your work less and less needed
- WARN notice posted
- Consultants / experts are hired
- Phrases like 'now no changes but who knows what will happen in a couple months'
- Decreased resources
- Less 'extras' and goodies
- Rumors
- Security in places they usually are not
- HR has a stack of boxes
- Leaders are going to last minute, long lasting 'planning' meetings
- Hiring comes to a hault in a particular location
- Company re-locates it's HQ
- Autonomy is reeled in
- Posted to external communities / comments on online posts
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