Is Your Company Preparing For Layoffs? With the recent spate of company layoffs, job cuts loom large in employees' consciousness these days. There's even been talk that the quiet quitting phenomenon has abated as employees fear for their jobs. How can you tell if your organization is prepping for layoffs? There are obvious signs, like a memo from the CEO announcing a push for efficiency. Or the hiring of a consulting firm known to specialize in process improvement, efficiency, or cost savings. Or the departure of some of the firm's top-level executives. There are also more subtle signs that a company is readying itself for layoffs. Here are four that are easy to spot (once you know what to look for). #1: Hints In Earnings Reports And Other Communications Companies are notoriously bad at communicating openly with employees, especially about the challenges the company is facing. In Leadership IQ's study, The Risks Of Ignoring Employee Feedback, we discover...
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