Onwards HR

View Original

Worried About Layoffs? Career Experts Weigh In

Layoffs can be a scary prospect for employees. Discover how to recognize the signs of an impending layoff and what to do if you are laid off.

Sweeping rounds of layoffs have hit many industries this year, including at big companies. Re/Max cut almost a fifth of its workforce, and Shopify eliminated 10% of its employees. Many people are understandably anxious about the possibility that they, too, will be laid off. If your company decides to let workers go, it is essentially outside of your control. However, there are some things you can do to minimize your discomfort and prepare yourself for the worst-case scenario.

Read Nikki Carter’s article on factors that can lead to company layoffs and red flags to keep an eye out for