How to identify your Layoff probability
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Most lowest, low to Mid ratings (identified by your manager)
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High TC β if you are in the same level for a long time (> 3 years) and your TC is reaching the top of that band.
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High initial stock grant (possible by great offer negotiation skills) and you are approximately in the 2nd or 3rd year (when you got the most pay)
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those who get retention offer in the past and your TC is L + 1 but not performing at L+1. Time to cut the cost.
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Coasters: if your manager carefully Evalates your criticality and concluded you are easily replaceable
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People who consistently complaining their teams are too busy too much pressure too bad WLB are in danger too.
How to minimize your chance of being laid off
- Tell your manager you donβt need any tc increaseοΌor tc is not your career goal
2 tell your manager you are willing to work hard and have no complaints. If you took 2 ppl work, no one will choose to let you go!
Talking product sense with Ridhi
9 min AI interview5 questions
asked and got 37% increment. 0% chance of layoff. work only 6hrs a day.
have some self respect. I'd rather be laid off than do these shitty points. gross.
I kinda see where you are coming from but in short it feels like your solution is to lower your standards and work your ass off with your head down tho no?
I see the point to not over play your hand but I feel like just submitting yourself to the company as if they are your overlord just to avoid layoffs is a bad way of survival. I might as well consider to keep leet coding consistently irrespective of the layoff news to be ready for jumping ship for better career than not asking hikes or working 3 people's work. Maybe just a me problem?
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Be in good terms with your Manager. Usually the manager will be ordered to pick 1 or 2 random people from the team to layoff. Constantly pester him on Slack if we should expect any layoff or not.
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Set google alerts for your company. Somehow the media gets info even before employees do. So set al alert for "your company name" and "layoff".
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If you hear the word "restructure" in any of the meetings RUN. It's just an excuse for layoffs.
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Watch out for meetings where all the stakeholders are pulled into.
At last, there is no certainty anywhere. So always keep your resume ready and keep applying on LinkedIn even if you don't want the job. Attend interviews and keep yourself sharp. Keep your expectations low from your employer so there won't be any surprises.
@MrRobot1992 I think one obvious sign is when you see meetings becoming more exclusive, private on calendar. Or when you see meetings with many people becoming more closer group discussions.
I used to do 4 PPL work, I was laid off, because I didn't get along with my Manager's best friend in the company.
7 step plan to get a promotion in your company, make a lot of money in the procoess and being the one who lays instead of being laid off. π
Step 1 - Resign
Step 2 - find a problem your company uses a "really costly SaaS solution" for
Step 3 - Create a cheaper alternative, customised to your company initially USING AI.
Step 4 - Raise a lot of money
Step 5 - Hire people
Step 6 - Realise that the solution doesn't scale and hence be the one laying off instead of being laid off
Step 7 - Join your company again at L7 level π€·ββοΈ
Matlab manager ki chaatni hai???? (Kaam bhi acha karna hai obviously)
All the points are good . One critical element is if you are hired as part of the growth budget then the above points are invalid and youll be let go if the company's growth plan is frozen