Tag Archive for: 25 Signs your Company is About to Conduct Mass Layoffs

HP, which has been going through layoffs since 2008, proves there are many indirect ways of saying “layoffs.”

CEO Meg Whitman and other HP executives have used terms like “downsizing,” “restructuring,” “reorganizing,” “incremental synergies,” “offshoring,” and “streamlining.”

Intel CEO Brian Krzanich used the term “headcount reductions” in an email he sent to employees about rumored layoffs.

And IBM has referred to layoffs as “workforce rebalancing.”

If you hear or see these terms bandied about, it’s time to brace yourself.

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If you don’t take the non-negotiable job offer, you will get laid off.

Last year, HP gave a group of several hundred employees in its struggling enterprise-services unit an unusual ultimatum: Either take the new job we’ve lined up for you — or get laid off without severance.

A WARN notice has been issued

New York Department of Labor WARN notice

If more than 250 full-time employees are being laid off, or if 25 or more full-time employees are being laid off and this constitutes 33% of all workers at the site, a company must file a Worker Adjustment and Retraining Notification (WARN) with the state’s Department of Labor 90 days prior to the layoffs.

This is public information that can be found on a state’s DOL website. As an example, here’s the New York site.

Your company’s IPO flops

YouTube / Margin Call trailer

As Business Insider’s Alexei Oreskovic reports, layoffs are often a symptom of a souring market. If your company’s IPO flops, it could be a sign layoffs are coming.

Your company is hiring too fast

REUTERS/Stringer

For a while, Groupon was the world’s fastest-growing company.

When the company opened its offices in Korea just two and a half years after launching, it hired 300 people in a week by pulling them in off the street, The Telegraph reports. At the time the company had already expanded to more than 40 countries.

Last year, however, the company announced it would lay off 1,100 people and would close operations in seven countries.

When a company grows rapidly, it risks overshooting its needs, and may eventually be forced to make tough decisions. However, there are many successful companies that grow rapidly, hire aggressively, and then settle down.

Margin Call screenshot

Senior managers are usually privy to what’s going on at the top. Pay attention if they start heading for the exits.

Sergio Vassio Photography/flickr

Fewer parties and happy hours, less and cheaper food and drinks in the kitchen, no more expensed lunch for meetings, stingy vacation time — these could all be signs that the end is nigh.

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“I started receiving emails from clients about bills that had gone unpaid,” said one worker who’d been through layoffs. “I thought the accounts team had just missed paying them, but looking back, that was a sign we were in financial trouble with nothing left in the bank.”

Tim Lucas/flickr

“No matter how secret an upcoming round of layoffs may be, the seal is never 100% rumor-tight. There’s always one old-school veteran who knows something,” writes Evany Thomas, a brand writer and content strategist at Pinterest, who details getting laid off twice in a Medium post.

“And the way you can tell they know is that they start bringing home all their accumulated personal belongings in easy-to-manage nightly shipments. Starting with their plants.”

Thomson Reuters

Whenever conference rooms are booked all day by your company’s human-resources department, it’s a sign that big changes are coming, and they’re probably not good.

Good news like bonuses and raises can be delivered individually in a number of ways. But HR folks prefer to deliver bad news like layoffs behind closed doors.

Some Yahoo employees reportedly knew layoffs were coming last year: “Employees saw it coming when on getting to work two to three conference rooms in every floor were suddenly reserved for HR with all previously scheduled meetings in the room canceled,” one source told Business Insider.

Flickr/Sebastiaan ter Burg

Cornett says this is another sign layoffs are in the works. And if managers find it difficult to directly answer questions about what is going on with all the meetings, this could serve as confirmation.

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Your office managers could just be stepping up their allergy-season game, but if these tissue boxes are conveniently stacked up in conference rooms — especially ones that are booked by HR — chances are some bad news is on the horizon.

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Unless you missed the memo that you’re moving to a nicer office, odds are those boxes aren’t a pleasant surprise.

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“When I got let go from Friendster, I was blindsided. I totally failed to see it coming,” Thomas writes.

“When all of us let-goners went out for the traditional post-layoff drinks, everybody teased me for missing the signs. ‘You mean you didn’t notice that upper management had stopped making eye contact weeks ago? Amateur.'”

Dotshock/Shuttershock

“It’s usually a sign that you will personally be laid off when senior management postpones a meeting with you that they usually accept or you stop receiving invitations to meetings for long-term planning or where confidential/strategic information will be discussed,” Cornett writes.