re: Is anyone hearing about layoffs at their employer?

quote:

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“Our company is strong

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In my experience, when a company feels the need to assure everyone things are going strong its because its not.

I remember in Fall 2008, we (in the south) wasn't feeling the impact of the great recession like other parts.. yet..

The company decides to "celebrate its employees" and rents a place by work and has a catered lunch for everyone. The head of our office (president of our location) gets up and gives this big speech about how we are about to get even busier and the contracts we currently have, alone, will get us through the next 8-10 years then after that comes the projects that have been put on hold which is another 3-5 years.

The week before Christmas 2008 they announced they will be doing 3 rounds of layoffs with the first beginning that week.

The funny thing, the president who assured everyone of all the work coming up, resigned 3 weeks before layoffs were announced.