CosmicDonut
CosmicDonut

Layoff proof

How can we be layoff proof even companies like Citi , Barclays , google are firing people

16mo ago
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QuirkyMarshmallow
QuirkyMarshmallow

Why do you want to be layoff proof? Be pro at getting-hired. That should give u Max monetary benefits. Severance + pay hike. I have gotten both in past to speaking from experience.

SwirlyNoodle
SwirlyNoodle
Student16mo

You cannot be layoff proof ever. When an incompetent people become part of senior management layer, they know that to improve the margins one thing that they can do is to cut cost and the easiest way to do the same os layoff. That way cost is reduced, margins show slight improvement, these people get huge bonuses and then they leave !

ZoomyMuffin
ZoomyMuffin

Bhai. Banks are the OG hire and fire firms.

The highest cyclical firms who constantly monitor ROI have a Roadies like voteout every year end. Citi aur Barclays ka example mat de as if they are SBI.

If you wanna be layoff proof be In function which doesn't correlate to revenues (Risk/Compliance & Technology in non-Tech firms) and in an industry/geography which do not prioritise profits (read Japan/Korea and public sector, research)

FluffyNugget
FluffyNugget
Plivo16mo

Govt. Job

BouncyMarshmallow
BouncyMarshmallow

No we cant, not possible.
No amount of upskilling can save from being laid off, look at the hordes of top tier swe kicked out unceremoniously in most humiliating manner.

QuirkyPretzel
QuirkyPretzel

I would suggest being in sync with market demand, it won't make you layoff proof (as it's almost impossible to achieve).

But it will certainly make you worry free about layoffs, because in case of layoff you will be able to get the new opportunity easily.

CosmicDonut
CosmicDonut

So I am safe doing boring work for Novartis , manufacturing farm even sales org like png etc

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