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Dirty words for jobseekers include downsizing, acquisitions, mergers, closures, cutbacks, and layoffs. No one wants to lose their job, especially with rising gas, utility, and cost-of-living prices. Just the mention of proposed company changes has employees turning to the rumor mill with the same aggressiveness that paparazzi clamor for celebrities' pictures.
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Signs of Potential Trouble Pending ?
How to Save Your Job When Layoffs Are the Order of the Day?
Signs of Potential Trouble Pending ?
Listen to the company gossip (within reason) and watch for changes in the company procedures with a focus on saving money, company budgets being squeezed too tightly, travel and/or hiring freezes, key employees leaving, abrupt senior management departures, management known to be seeking a buyer for the company or parts of it, outplacement firms asked to submit proposals, etc.
The stock price consistently keeps dropping over many months (or years!), that's not a good sign. The stock market may be wrong, but it may be right...
If you're answering the phone instead of going to that strategic planning meeting, or if you are being asked to retrain other workers, you could be in trouble.
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How to Save Your Job When Layoffs Are the Order of the Day?
DO take credit... but don't walk around with a big neon sign that says I'M GREAT,DO volunteer for more work,DO arrive early and stay late,DON'T telecommute,DO chat up your boss and your boss's boss,DON'T be eccentric,DO feel your boss's pain,DON'T be high maintenance,DO stay informed,DON'T gossip about the company,DO a self-review,DON'T panic!
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