Layoffs have always been a common phenomenon in many companies after the year, and there are usually some signs before that. So, what are the signs that might signal layoffs after the year? Here are some possible signs:
1.Declining performance: If a company's performance is declining, layoffs may be one of the strategies. At this point, management may begin to reduce non-essential expenses and re-evaluate employees' performance. So, if you find that your company's performance is starting to decline, then be wary.
2.Restructuring or strategic realignment: Sometimes, a company may lay off employees as a result of a business restructuring or strategic realignment. In this case, the company may reassess its business direction and cut positions that are not aligned with the new strategy. If you find that your company is undergoing a large-scale restructuring or realignment, then it's best to be prepared.
3.Budget cuts: In some cases, companies may lay off employees as a result of budget cuts. This could be because the company is facing economic pressures or other factors. If management starts cutting budgets, then it could mean that they are considering layoffs.
Of course, these signs don't all necessarily mean layoffs, but if you find that these signs are already present in your company, it's best to keep an eye on the company and prepare in advance. At the same time, it is also necessary to actively improve one's professional skills and competitiveness in order to better cope with the risk of possible layoffs.
Unemployment