How To Tell If A Layoff Is Coming At Your Company

Layoffs are scary and are often a complete surprise. This video covers some of the warnings signs you can use to predict if a layoff is coming and start preparing for interviews accordingly.

Here are the core points:

• For public companies, the most obvious sign is a struggling stock price
• In general, stagnant growth is bad
• Mass hiring freezes are a common precursor to big layoffs
• Trimmed perks and a more somber, frugal mood among leadership are other signs
• You can also listen through the "grapevine" but be careful
  • Blind in particular is quite flaky. Blind correctly predicted the Fall 2019 and Spring 2020 layoffs, but it also incorrectly predicted 18 other layoffs
  • In general, treat online rumors with a massive grain of salt, and it's probably best to just stay away from them. There's no need to add a bunch of unnecessary stress to your life

Related resources:

• [Masterclass] How To Survive Tech Industry Layoffs - The full video where this clip was taken from
• "What are the signs of an impending layoff in an organisation that can help an employee prepare themselves better?"
• "How to handle stress at work especially after a company layoff?"