How to Protect Yourself from a Layoff

Send a textThe economy is in a little bit of trouble. When interest rates go up, businesses that rely on loans have to balance their budgets, so they tend to lay people off.  Let’s take this episode to learn how to protect yourself from being laid off. Some signs of a looming layoff include:Heightened or more frequent budget trackingAn announcement of a future reorganizationDelayed payment terms with vendorsSudden budget restrictionsA hiring freeze If you're seeing these signs, then let's make sure you have your defense all set, so that you can keep your job through the potential impending layoff. If you’ve been listening to this podcast for a while, you know that I’m not a leadership apologist. I don’t go around saying that every leader got there because of their hard work or intelligence. But I do think that most people in leadership are not stupid. They make the best decisions they can with the information they have, just like you and me. If you want to protect yourself from getting laid off, it’s NOT enough to be a hard worker and assume everyone will notice.You HAVE to make sure people know what you do and what you bring to the table. Basically, senior leadership, or at least your boss’s boss, should know how amazing you are at your job. ...And that you’re flexible enough to do any other role the company needs.Let's get into the details in this podcast episode.Book a complimentary management coaching conversation at https://calendly.com/catherine-vanderlaan/free-60-minute-leadership-consultation Email me at [email protected] to ask a question or get in touch.Join our Facebook group: https://www.facebook.com/groups/managementmaterialcoachingFind out more about Management and Leadership Coaching at https://managementmaterialcoaching.com/