10 Clues That An HR Layoff May Be Coming…
by Alan Collins
Many times we can get so busy as HR folks, we ignore some of the tell-tale signs that the ax is about to fall. This “Layoff Predictor” is a tool you can use to determine if there are itty-bitty signals in your company that indicate that pink slips are about to issued. If at least 6 of the items on this list have taken place, rest assured that layoffs will be following shortly. It’s just a matter of time.
1. Company sales and profits are in the toilet.
2. A hiring freeze has just been announced.
3. Pay raises have been deferred for six months or eliminated until further notice.
4. Strict limitations have been placed on travel — especially “non-essential” travel.
5. Expense books are getting scrutinized more or require more approvals.
6. Top HR executives are unavailable, stressed out, distracted or working longer hours than usual.
7. Other executives are canceling routine meetings and spending more time behind closed-doors.
8. Training programs and department training budgets have been cut or eliminated altogether.
9. A merger has recently taken place resulting in redundant positions.
10. The buzz and rumors about layoffs is pervasive and off the charts.
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