DiscoverCareer Talk: Learn - Grow - ThriveSigns Of Company Layoffs / Organization Might Be In Trouble
Signs Of Company Layoffs / Organization Might Be In Trouble

Signs Of Company Layoffs / Organization Might Be In Trouble

Update: 2020-11-02
Share

Description

No way to know with complete certainty that there are signs of trouble. However, there are some signs.



  1. Can't extend offers on open positions

  2. Interviewing is put on hold

  3. Open roles start closing / put on hold

  4. Find yourself with more spare time, over a decent amount of time

  5. Major projects put on hold

  6. HR incredibly busy

  7. Revenue is down

  8. Market is terrible (or falsely inflated)

  9. Banks are struggling

  10. Smaller layoffs have already been done

  11. Contractors not being extended

  12. Contractors getting cut before contract end date

  13. M&A conversations / news

  14. New top leaders

  15. Top level executives are jumping ship

  16. End of fiscal year

  17. Last minute all hands meetings

  18. Less involved / engaged in work you used to be ingrained in

  19. New tech / info is making your work less and less needed

  20. WARN notice posted

  21. Consultants / experts are hired

  22. Phrases like 'now no changes but who knows what will happen in a couple months'

  23. Decreased resources

  24. Less 'extras' and goodies

  25. Rumors

  26. Security in places they usually are not

  27. HR has a stack of boxes

  28. Leaders are going to last minute, long lasting 'planning' meetings

  29. Hiring comes to a hault in a particular location

  30. Company re-locates it's HQ

  31. Autonomy is reeled in

  32. Posted to external communities / comments on online posts





Merch (you can get 15% off using code CAREERTALKPOD15):


careertalkswag.com


Paypal:


paypal.me/stephdennis13


Anchor:


https://anchor.fm/careertalk


Amazon Wishlist:


https://www.amazon.com/hz/wishlist/ls/3T3HCEGR737Y7?ref_=wl_share


Steph's Instagram:


https://www.instagram.com/stephdennis13/


Pod Instagram:


https://www.instagram.com/careertalkpodcast/


Steph's Facebook:


https://www.facebook.com/stephdennis13


Pod Facebook:


https://www.facebook.com/careertalkpodcast


For show notes go to:


http://stephdennis13.com/category/careertalk/


To work together (resume reviews, career coaching, etc.):


listentocareertalk.com


For the Google Survey:


https://goo.gl/forms/PToleX38QgQ4EPaz1


We are written, produced, hosted and edited by Stephanie Dennis


You’re awesome!!


Go be your amazing self today!!!



---

Send in a voice message: https://anchor.fm/careertalk/message
Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Signs Of Company Layoffs / Organization Might Be In Trouble

Signs Of Company Layoffs / Organization Might Be In Trouble

Stephanie Dennis