Skip to: Content
Skip to: Site Navigation
Skip to: Search

December 2, 2008 3:38:30 AM CST

Learn about Newser Points »

« Back to the grid | Next story »

Watch for These Layoff Signs

Posted Oct 15, 08 6:45 PM CDT in Arts & Living 

(Newser) – More than 750,000 American jobs vanished this year, and more cuts are likely amid the current crisis. MarketWatch offers red flags that a pink slip is coming:

  • Colleagues get fired: You are not immune, even if your boss says so.
  • Training budgets dwindle: They are "not sure if everyone is going to be there," a career manager says.

  • Job postings disappear on Internet sites.
  • Budget woes, especially at publicly traded companies: If the firm misses targets, cutbacks help the bottom line.
  • The gossip mill churns. Yes, take it with a grain of salt, but pay attention.

Source MarketWatch

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • Tech Sector Short-Circuits

    Nov 15, 08 7:09 AM CST
    Tech Sector Short-Circuits A sudden slowdown has sent the tech industry into a slump so severe some are comparing it to the dot-com bust, the New York Times reports. The sector was confidently chugging along as recently as September but last month saw orders for both business and consumer tech rapidly plunge—"like flicking a switch," according to one analyst.
    More »

  • $148M Loss Bites Into Crocs

    Nov 13, 08 3:02 AM CST
    $148M Loss Bites Into Crocs Crocs, the maker of hugely popular colorful plastic clogs, suffered a $148 million third quarter loss on a 32% drop in demand in Europe and the US. The Colorado-based company has shuttered a factory in Canada, will close another in Brazil next month, and has amassed extensive unsold inventory, reports the Rocky Mountain News.


    More »

  • Herman Miller Says Phooey to Financial Crisis

    Nov 6, 08 1:25 PM CST
    Herman Miller Says Phooey to Financial Crisis With a "bah!" to the financial crisis, furniture manufacturer Herman Miller has introduced a chair that costs $1,600—making you “all the more comfortable as you sit for eight hours staring in disbelief at your plummeting stock portfolio,” writes Stacey Higginibotham on GigaOm. The Embody, a follow-up to the popular Aeron ($949), claims to promote “health-positive sitting,” with surfaces designed to distribute weight evenly. More »

  • Goldman Sachs to Cut Staff 10%

    Oct 23, 08 7:39 AM CDT
    Goldman Sachs to Cut Staff 10% Goldman Sachs will cut almost 3,300 jobs, or about 10% of the bank's total staff, an insider told Reuters today. Although Goldman has weathered the credit crisis better than its competitors, its transition from an investment bank to a traditional enterprise means that it will have to obey stricter regulations and take fewer risks. The bank had no comment.
    More »

  • Economic Crisis Is Too Advanced for Rescue

    Oct 5, 08 1:24 PM CDT
    Economic Crisis Is Too Advanced for Rescue September's spike in US unemployment numbers was the latest indication of a faltering economy, but the country's problems certainly aren't limited to layoffs. Unfortunately, the $700 billion bailout plan won't make things much better, analysts tell the Los Angeles Times. From consumer activity to state governments, the economic signs are all pointing south.
    More »

Seeming indispensable could save your job during layoffs.   (AP Photo/Mark Lennihan)
The financial crisis indicates that more jobs may be lost as companies try to make budget targets.   (AP Photo/David Karp, file)
Don't seem anxious or nervous, but ask your boss what the company's outlook is for the next quarter.   (AP Photo/Josh Reynolds)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (
1
 of 1)

Tags

Financial Crisis • layoffs • office • career • job security


Loading...

Premium Articles from HighBeam

Find more articles like this

Today's Most Popular

Loading...

Other Arts & Living Stories

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »