CAN YOU TELL IF YOU WILL BE LAID OFF?
November 19th, 2008
DON’T TRAP YOURSELF WITH NON-BELIEF
Reports indicate over 160,000 jobs lost nationally to date this year and a forecast by outplacement professionals, Challenger Gray and Christmas, declare a projected loss of over 180,000 tech jobs for 2009. The question, “Will I be laid off?” is inevitable.
Wouldn’t it be wonderful to know one way or the other? Unfortunately, this is one time in your life when you simply can’t get the information you need to see what your future holds. You can only make a “best guess.” It is to no company’s best interest to let people know about layoffs before they actually occur. So instead, we engage in wishful thinking; arranging reality to prove the outcome we want. Some examples:
I can ask: How can you know? You can’t ask your boss; by definition, managers can’t reveal what is not yet made public. It is a breach of ethics and a cause for firing. If they say anything, it will be a flat out denial. The work you and the team are doing still needs to be done until other arrangements are made.
It’s just a rumor: If you heard a rumor, for instance, of a 10% cutback in force, where did the rumor originate? Companies often “leak” this information to soften the blow with the press and investors when the hammer falls. If you heard the rumor, it is probably true.
I am safe because I survived the layoff. The first wave of layoffs left your job in tact; does that mean your job is safe? Probably not. If your team has been reduced significantly, you can expect to be laid off in the next wave. Layoffs usually come in threes. Companies typically stage layoffs giving as much as 60 days notice or severance and the expense is huge. Conducting layoffs in stages is one way to manage the bottom line consequences of massif layoffs.
The company has never had a layoff so I feel safe. Every company has had layoffs, they just don’t always call them that. Projects are canceled, reorganizations occur and functions are sent off shore. Sure you are often given time to find a new job within the company, but that typically works only sometimes in the soundest of business climates. When there are project cuts throughout the corporation, it is doubtful you will find a new spot internally. You weren’t laid off but you are out of a job.
My function is too critical to the company to drop me: No such thing. While you are thinking logically, you don’t have all the information. Layoffs are often instigated by the Board of Directors. Their agenda and that of the CEO are very different from the rank and file. They are concerned with shareholder value and equity.
Most “C” level executives and certainly the Board, focus on the bottom line AND the stock price. The triage they do is simple; what is absolutely necessary to shore up and/or maintain the stock price. Each project/department and product is vetted against rule one; will keeping this team in tact generate revenue and contribute to the bottom line right now? If there is any doubt about the necessity of your project/product in that vein, you are vulnerable for a layoff.
If yours is a long range or research project, you are vulnerable. If you are an evangelist or if you are working on projects that keep the company in the public’s eye but does not actively generate attributable revenue, your job is at risk.
I am friends with my boss, he won’t fire me: Marching orders are marching orders. While many executives have discretion over who will get a pink slip, business trumps friendship every time. Do you honestly believe your boss will put her job on the line to save yours?
And the real error in this thinking is that just because your boss is friendly, doesn’t mean he is your friend. An efficient work environment is lubricated with friendly behaviors. A convivial work culture tends to be a productive one.
Don’t mistake that trip to your boss’s cabin with BFF. In fact, if you really are friends, it is likely yours will be the first position to be cut so he won’t be accused of favoritism. And don’t think for one minute that your boss whom you believe to be your friend will warn you if you are at risk. She will only say what she is allowed to say; which is no one is in jeopardy of a layoff, or I haven’t heard one way or the other.
For advice on protecting your self from a layoff: Can you protect yourself from unemployment?

















