Instant Alert: 19 signs your company is about to conduct mass layoffs

Posted On // Leave a Comment

Your Message Subject or Title

  MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE
 
 
 
 
 

19 signs your company is about to conduct mass layoffs

by Rachel Gillett on Oct 30, 2015, 1:08 PM

Advertisement

In my career as a journalist, I've lived through two rounds of mass layoffs.

While I didn't see either of them coming, hindsight is always 20/20, and I now have a much better sense for when the tides are changing.

To get a better understanding of the signs that layoffs are coming, I polled others who've been through them, scoured the news about high-profile mass layoffs, and crawled the depths of the internet.

If you notice a combination of these signs in your own company, it may be time to start looking for a new job.

SEE ALSO: 29 things you should never include on your résumé

The most obvious sign: Executives confirm layoffs are coming.

Just this year, Twitter's Jack Dorsey and ESPN's John Skipper sent memos to employees detailing imminent layoffs.



Executives hint at layoffs using other terms, like 'restructuring.'

HP, which has been going through layoffs since 2008, proves there are many indirect ways of saying "layoffs."

CEO Meg Whitman and other HP executives have used terms like "downsizing," "restructuring," "reorganizing," "incremental synergies," "offshoring," and "streamlining."

Intel CEO Brian Krzanich used the term "headcount reductions" in an email he sent to employees about rumored layoffs.

And IBM has referred to layoffs as "workforce rebalancing."

If you hear or see these terms bandied about, it's time to brace yourself.



Your company gives you a 'non-negotiable' job offer.

If you don't take the non-negotiable job offer, you will get laid off.

Earlier this year, HP gave a group of several hundred employees in its struggling Enterprise Services unit an unusual ultimatum: Either take the new job we've lined up for you — or get laid off without severance.



See the rest of the story at Business Insider


 
Share the latest business news with your network:

Facebook Share Twitter Share Email Share
Email sent to:   |   Manage your email preferences   |   Unsubscribe

Terms of Service   |   Privacy Policy

Business Insider. 150 Fifth Avenue, New York, NY 10011
Sailthru

0 comments:

Post a Comment