Re:Ask HN: Are there warning signs if a company will be layi...
by giantg2 on Friday September 25, 2020 @09:04AM
(#24589255)
I'd say look at project budgets and promotion.
If the career advancement suddenly stops and project budgets shrink, that could be a sign. My company recently "transferred" (read that as laid off with a position at another company as part of the severance) a couple thousand people. It was a complete surprise even to the managers about 3 levels up (department heads). The only thing I saw in hindsight was promotions were basically frozen and budgets were shrinking.
If the career advancement suddenly stops and project budgets shrink, that could be a sign. My company recently "transferred" (read that as laid off with a position at another company as part of the severance) a couple thousand people. It was a complete surprise even to the managers about 3 levels up (department heads). The only thing I saw in hindsight was promotions were basically frozen and budgets were shrinking.