How to avoid being laid off in a shaky economy

(ABC4) — It’s a tough time in the tech industry, as the number of workers increases at the end of 2022 due to inflation and fears of a prolonged recession. So the question on everyone’s mind is: How do you keep yourself out of work?

Workable.com might have one of the more succinct ways of putting it: “Revenue is higher than anyone else, which means that the last people to quit are the ones who bring money to the company.”

If your job is tight, it may be time to seriously evaluate how valuable your position is. Forbes.com points out that there is no formula for knowing who will be fired and who will survive the ax.

“The management wants to field the best team” says Jack Kelly of Forbes. They protect “they” players and weed out those who are not top performers. People with highly specialized skills that are difficult to replace can be fired, while workers with talent is everywhere and easily replaced, not safe.”

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The single most important thing you can do, according to a number of sources, such as Forbes, USA Today, and a number of business coaching sites? Show your value to the company, but not necessarily by bragging about how great you are.

“It may be counterintuitive, but if you have a special skill, teach others that skill,” he says. Employed. “You might think that keeping your skills in your head gives you job security, but it’s true. If you show your employer that you’re someone who’s willing to teach, coach, and bring out the best in others, then you’ll be seen as someone who can help rebuild the team when the economy improves. Sharing your skills increases your value.”

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It is also important to be polite and avoid backbiting and gossip.

“There are always people in an organization who spend more time complaining than doing their jobs,” says Forbes. “These are people who constantly complain about something, talk trash behind everyone’s back, spread rumors and criticize the company and the boss. These workers are always mad about something and spend the whole day sharing their venom with everyone they come into contact with.”

There is also an “attrition” factor involved in avoiding layoffs. While keep silent has become a buzzword in workforce parlance, it’s probably the worst thing you can do at a struggling company. Quiet consumption is a term that refers to the refusal to go above and beyond your organization. Don’t think your boss won’t notice.

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“A supervisor may look the other way for a while because it’s difficult to attract, engage, and retain employees in the current environment,” Forbes says. “For now, they’ll pretend they don’t notice your weakness.”

This might not be the news you want to hear if you’re already working on something you don’t care about. However, you ultimately have to choose whether you want to keep your job or not, whether you are ready to brave the labor market. Maybe it’s time for “Plan B”. Maybe getting fired from a job you don’t like is an opportunity, not a tragedy.

“If you do get laid off, take the time to reinvent yourself so you can become the type of employee the next company is hiring,” says Workable. “Improve your leadership presence, emotional intelligence, leadership skills, sales skills, business acumen and key skills relevant to the position you are seeking.”

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