With major corporations like Amazon, UPS, Target, and Skydance Paramount recently announcing layoffs, many employees are understandably anxious about potential job cuts within their own organizations. Career experts have identified three significant indicators that suggest a company may be preparing for redundancies. Recognizing these signs could help workers avoid being caught off guard.
Signs of Impending Layoffs
The first indicator is a noticeable slowdown in hiring. As Jalonni Weaver, a recruiter, explained to CNBC, if new positions are not being posted or existing vacancies remain unfilled, it typically signals financial instability within the company. “It’s never a good sign that you’re doing well financially,” she noted.
Another critical sign is a shift in corporate messaging. According to Rosie Nestingen, a consultant, companies often begin to use language that hints at upcoming changes. Terms like “we need to be more efficient” can suggest that layoffs are on the horizon. This subtle shift in communication can set the stage for future job cuts, as organizations prepare employees for possible downsizing.
The third sign involves a reduction in employees’ working hours. Rey Ramirez from Thrive HR Consulting characterized this practice as a form of “quiet firing.” He explained that when employees’ hours are cut, it can push them out of the organization, as many cannot sustain themselves on significantly reduced pay. This tactic allows companies to decrease headcount without formally announcing layoffs.
Additional Tactics and Recommendations
Other strategies, such as implementing “return to office” mandates, may also serve the purpose of reducing staff without the need for official layoffs. These measures can create an environment where employees may feel compelled to leave voluntarily, further decreasing the workforce.
As the economy remains sluggish and concerns about automation and artificial intelligence grow, Weaver advises all workers to keep their resumes updated. Even if they are not actively seeking new employment, applying for other positions periodically can ensure that their skills and interview readiness are sharp. This proactive approach can help employees remain competitive in a challenging job market.
In summary, as layoffs become a reality for some of the largest companies, understanding these indicators can empower workers to take proactive steps in safeguarding their careers. Keeping an eye on hiring trends, corporate messaging, and working hours may offer critical insights into a company’s health and future stability.
