How to predict layoffs (signs in 2024)

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The most surefire signs to tell your company is going to do layoffs, despite your executives swearing up and down they won't. If their job is to maintain ship, yours is to start saving your project/Figma files...
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I’m Lily, a product designer (UX) in San Francisco. With no connections, I hustled and broke into Silicon Valley after arts school. My story has been featured in Apple News and Business Insider.
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Опубликовано:

13 янв 2024

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Комментарии : 32

@Designalily 6 месяцев назад

Do we like the skits in the beginning format before kicking off the main content/tutorial?

@HappyPathStudio 2 месяца назад

So good Lily. Another thing you can look for: (1) hiring freeze, (2) Recruiting teams get laid off, (3) increase in formalize performance management if it didn't exist before (structured performance reviews, more PIPs, etc), (4) layoffs start hitting R&D. Good luck out there, y'all!

@bornoptimist5923 6 месяцев назад

Thank you for the valuable content

@engineered-mind 6 месяцев назад

Companies lie all the time - this is why I job hop every 2 years - they are mostly trifling

@SR-ih1be 6 месяцев назад

All corporations are full of shit

@8MunchenBayern8 6 месяцев назад

I try to avoid working for any tech companies no matter how well they are willing to pay. just way to volatile.

@zazaza1000 6 месяцев назад

That's not exactly the best strategy, is it? Cost benefit analysis is needed here.

@rubenponders 2 месяца назад

I can definitely attest to this whole video. Worked for a company in the Bay Area from 2021 - 2023, they were like (we have lots of cash, we'll be fine). Jan. 2023, they did layoffs. It was a surprise. No warning or anything. I saw it coming cause the stock price was in the toilet and was looking for work, but since being part of a talent team, we got the boot first.

@ankit5834 6 месяцев назад

Hello! May I know what’s the best way of landing a new grad role in 2024 please?

@Youtuberkt 5 месяцев назад

Spot on. I’d add that stock price drop is not just affecting CEO but also employees who’s comp may be partly in stock.

@lepidoptera9337 5 месяцев назад

Stock option packages have basically been worthless for employees below C-level for at least 20 years, if not longer. Don't get your hopes up that you will get rich unless you are being offered a CEO position.