Warning Signs That Your Job is Under Threat

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Creative Commons License photo credit: acme401

Losing your job is not something anybody likes to think about, but in economic times like these it’s something more and more employees have to face. Some recent tips from Yahoo Finance are depressing but important: they listed a few tell-tale signs that might mean your job is under threat. The things you should look out for are:

  • Some of your colleagues lose their jobs - then lay-offs are clearly in the air, and even if a company says that they’re finished, nobody can be sure.
  • The company stops hiring new employees - if there are suddenly no job ads (and especially if you see vacant positions where people aren’t being replaced), the company could be just a small step away from letting some current employees go.
  • Your company is failing to reach targets - when a business isn’t performing well, lay-offs are often part of a solution to help the business run better.
  • There is less training on offer - a company which knows it will reduce its staff numbers soon won’t spend money on training these staff.

Keep an eye on these situations happening in your workplace. Of course, they can happen for a number of reason, but being prepared for job loss by keeping your finances in order, having an emergency fund and keeping an eye on other job opportunities can make a terrible time a whole lot better.

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This entry was posted on Wednesday, October 29th, 2008 at 5:57 am and is filed under Jobs & Employment. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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