Four Signs You May Be Targeted for a Lay-Off

Hi this is Sherri Thomas of Your Leadership Lab and I’m passionate about helping professionals and executives reinvent themselves into a career that’s motivating and inspiring.

Today’s podcast is on: 4 Signs you may be targeted for a lay-off, and what you can do to protect yourself

As a career coach, one of the questions I get asked the most is, “How do I know if I could be laid off?”

Although there are not any hard and fast rules for companies to warn employees about upcoming layoffs, there were some key indicators that you may be targeted for a lay-off, and that you should start preparing a “Plan B” for your career…

1. Your Physical Health – Many times, we ignore signs around us that a layoff could be in our future by telling ourselves that we provide too much value, and are too well liked to be laid off. So even though you may be able to logically dismiss the thought that you could be laid off, there are physical signs that are harder to ignore. For example, if you start getting a pit in your stomach when you drive into work, or your heart beats faster, or you get a headache – these are all physical signs that something in your work environment could be drastically wrong. Also, if you find yourself hitting the snooze button 46-times, hating Mondays, or having wild mood swings including depression, anger, or becoming introverted – these are all physical signs that something in your work environment may be toxic and that your subconscious is telling you something is wrong.
2. Your Environment – Look around at the organization where you work. Have there been layoffs, or talks of layoffs? Are programs or services being cut? Is funding being reduced in your department? These are all signs that the company may be in trouble financially, and employee lay-offs could be a next step. Another environmental sign is a shift in management’s attitude. Right before lay-offs are announced, there is a kind of heaviness in the air throughout the building. It’s a depressed, shush-shush environment. Is your manager more stressed than usual? Are you getting less face-time with your manager? Do senior managers seem preoccupied, and not attentive to employee needs or concerns? These are all environmental signs that a lay-off could be near.
3. Your Job Role – Have your assignments shifted to performing less valued and lower visibility projects? Do your deliverables align to the company’s strategic objectives, or department’s quarterly goals? If not, then here’s what I want you to do… I want you to do everything you can to transition onto more high priority assignments. I want you to volunteer to get onto those higher profile projects by talking to your manager and the Program Manager telling them how you could add value and make contributions to those projects.
4. Your Influence – Are you finding that your opinions are no longer valued? Are you being left out of business decisions or meetings? Do you find that your sphere of influence is shrinking? If so, here’s what I want you to do – I want you to increase your visibility and your credibility by talking about the results you’ve helped to achieve on your current or previous projects. Volunteer to help out on high visibility projects, and ask your manager what you can do to help him out or to help out the department or team members.

Again, these are not sure fire signs that you’re doomed for a lay-off. However, if you’re experiencing one or more of these changes, then you should definitely be putting together a “Plan B” for your career – an action plan to help you hit the ground running and transition into your next career should you receive a pink slip.

If you’re feeling stuck in your career– get professional help! Take control in your career by investing in some professional advice, like --

1. 1. A Professional resume writer, or
   2. An interview coach, or
   3. A career coach

These are professionals who can accelerate your career change and help you get into a new job faster!

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I’m Sherri Thomas and I hope you’ve enjoyed today’s Podcast: 4 Signs you may be targeted for a lay-off, and what you can do to protect yourself

If you want to learn more about making a career change, or how a career coach can help accelerate your career change, then check out our website at http://www.yourleadershiplab.com YourLeadershipLab.com

Thanks for listening! I’m Sherri Thomas at YourLeadershipLab.com

Have a great day!