In today's unpredictable job market, understanding the reasons behind company layoffs is crucial for your career stability.
That’s why I not only created today’s lesson for you, but I created an entire trio to, eh, triage your situation and keep you layoff-proof and thriving.
First, let’s start with the top 7 reasons companies lay off employees and how you can identify the warning signs early.
I covered:
- The primary factors that lead to layoffs, including financial constraints, restructuring, technological advancements, and more.
- Key indicators that suggest your company or future employer might be considering layoffs.
- Strategic questions to ask during interviews to assess a company's stability and reduce your risk of future layoffs.
Being informed allows you to take proactive steps to safeguard your career.
By recognizing potential red flags early, you can make informed decisions about your current position or future opportunities.
I never want you to leave career to chance.
Let’s get you equipped with the knowledge to navigate the corporate landscape—and, more importantly, your career—confidently.
If you'd like to build a great career and lead a rewarding life, check out some of these other places where I share my teachings:
1. Check out the milewalk Academy, my coaching and training site, for freemiums and premiums.
2. I have hundreds of educational and inspirational videos on my YouTube Channel.
3. Grab any of my three books related to interviewing, hiring, and goal setting. All can be found on my Amazon Author Page.
4. Follow me on Instagram, LinkedIn, Twitter (X), TikTok, Threads, and Facebook.
5. Stay in touch with me in your email inbox by joining my newsletter here!
--Andy
