The new year starts with uncertainty if not depressing. The company I work for has announced involuntary attrition which means that non-performing employees would be asked to leave immediately.
However it seems that the company is targeting high salaried employee rather than performance. Again this is as per the various news and rumors floating around. The company has not defined any criteria of the lay-offs publicly . This is generating more anxiety and a feeling of uncertain future in the mind of the employees.
I will not comment on the company policy, I guess any company has to take a decision based on what the market and shareholders expectations. After all business defines success on the return of Investment. It cannot be justified or debated upon or rather I wouldn’t want to.
But then the new years starts with a negative feeling and that may harm the company in the long run. Again I am no expert in corporate affairs and its my personal thoughts but an exercise like that where the company targets senior executives who have given 5-20 years to the company might be a tougher on the executive who has to look for a job at that age.
In any job once you start moving up the ladder, the stress and responsibilities increases. There is no fix office timing and personal and family time is what you get in between your work.
The ongoing layoff exercise is shrouded in secrecy and with no concrete information coming from the company, it leads to lots of rumors and a negative image of the company leadership. I guess the company was ready for that too.
Those who leave or made to leave will definitely have a tough time but those who remain will be worse. A sword of unexpected doom will always hang on the employees head. What it will do to their performance and their morale will certainly not be a positive one.
Every employee will be looking at jumping ships at any available opportunity. Employees have lots of expectations and ideas about how a project or company should run. The position or reality at the top is not as per employee thinking.
As for now today, I am not in the list but it does not mean I will not be. The last 3-4 years, I have done well in terms of work but then with no clear criteria, the future always hangs by a thread.
If not this year then next year. The company performance is all about profit and optimizing cost. So either I cry over it or take it in the stride. I need to upgrade myself. Get the borrowed time I have to make myself more relevant in the industry.
There is a feeling of insecurity and only option is to face it. With a family to care off, its their future also that makes me more worried
The feeling of unemployment is scary even if I look brave. I don’t know the people who actually lost thier jobs must be feeling.
Its a scary world out there.
