Layoffs are coming. The 2022 recession is going to get worse leading to 2023 layoffs. Phrases like "hiring freeze" and "reshuffle" and "quiet layoffs" are going to inundate linkedin like a feet at a shoe convention.
But there are ways to tell if your company is at risk of undergoing layoffs.
In this video I explain why layoffs are going to accelerate, how companies typically deal with a recession and how you can tell if you might be at risk of getting laid off.
Overview Of The Video:
0:00 Intro
1:30 Finance & Economics involved in layoffs
3:26 Unemployment projections
3:45 Why Does A Recession Lead To layoffs
4:13 How Companies Deal With Recessions
4:55 Reduce Hiring
5:05 Hiring Freeze
5:25 Suspend Pay Raises
5:42 Layoffs
5:54 Bankruptcy
6:14 Are You Going To Get Laid Off?
7:41: Final Thoughts
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