In some cases companies inform their employees in advance that layoffs are coming. In other cases, they come without warning: You arrive on time for work on a Friday, but you are told not to come next week. Ouch!
In either case, you may be able to sense some bad signs in advance. Maybe the company has tried very hard to avoid layoffs; maybe it has been preparing for the worst for quite some time. If you think about the bad omens carefully, you might know as much or more than some of the employees in managerial positions with management responsibilities.
For example, if you work in sales, you might know that quotas have not been met. If you work in field engineering, you might notice far fewer customer installations. If your company’s competitors, suppliers or customers are laying off employees, it’s likely your company will too, especially if economic conditions are affecting your industry. Check the layoff statistics from the U.S. Bureau of Labor Statistics. Search the Net and your local newspaper too for articles concerning layoffs in your industry.
Do things like bad sales always mean that layoffs are coming to your company? Not necessarily. Companies haveseasonal and economic sales dips all the time, and are always looking for ways to improve their performance. So, if you see only one or two bad signs, don’t jump to a hasty conclusion. But if you see more, especially along the lines of earnings warnings, budget cuts, hiring freezes, restructuring, and massive layoffs in your industry, it might just be time to get your resume up to date and start looking for a new job. Also, it might e a good idea to cancel your vacation, implement money-saving measures, and become more useful on your job. You should prepare in advance if you think you might get the axe soon.
1. What is the passage mainly about?
2. According to the passage, when can one sense layoffs are coming?
3. What is mentioned as a bad sign for the field engineering department?
4. According to the passage, what do bad sales signal?
5. Which of the following is NOT mentioned as a sign for you to update your resume?