There is an article on Yahoo, published originally by SmartMoney.com, advising worried workers on how to tell if you are facing employment layoffs. I would say that iwth the economy in the downturn nearly everybody at least gives it some consideration. Many worry and not without reason.
While the article gives some decent tips on determining if your company is about to start a round of layoffs, I think it is fair to say most employees know that its coming. Most know the signs, the lousy revenue figures, the whispers around the office. The tension. Of course, there are the more esoteric signs; the corporate bond ratings, stock value, annual income. Since the economy has caused many corporate stock values, etc., to go into a tailspin, the fact that stock and bond prices has dropped is not in and of itself the key indicators. To put it simply, in this economy most businesses are in pretty sad shape.
It can be a major drag, waiting for the axe to fall. There is that unsettling feeling. given the recession, m,ost worry about finding another job. Real worries, for sure.
Well, as most advise, keep your nose to the grindstone and your ears to the ground. Hard to do, unless you are a contortionist, but extraordinary times call for extraordinary actions. And above all keep out of trouble and watch what you post on your FaceBook and other social networking sites. The wrong missives can deliver the wrong message to prospective employers, and you can ending being passed over for a job. Many companies as part of their preemployment screening are asking for background checking companies to monitor the social networks. We don’t, but some do.
Good luck out there. It’s a cold world, even in the summer.
