Are company layoffs good or bad for business for the people who's jobs are staying? My company of about 200 people just let 15 people go. Is this a good sign or bad sign? I'm 27F with about 5 years experience at this company. Does this lead to more room for growth at this stage of my career or is this a red flag?

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It really depends on the nature of the 15 layoffs. Underperformers, bad team, team covering deprecated product. Chaos can be an opportunity on either side.

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No, that's great advice! I'm definitely on the right side of the changes. I'm running the projects that are implementing the new technology. And that's great news, congrats to you on your recent promotion!

Layoffs could mean a number of things, including the company needs to make cutbacks. This could be a bad sign in that this is the beginning of more layoffs, but with your company being on the smaller end, that might indicate that the company is in financial trouble. However, it could be a good sign for you, as you could be promoted more easily, but I would hold out and see what happens next.

Thank you for the advice! I will stick it out for sure and see where this takes me.

It really depends on who was let go. There could be more room for growth if you are able to take on some of their work. These people could be recruiters or HR which would not leave room for growth, or could be some underperformers/people that do not go above/beyond, which could leave some new positions open. Its good to look at the type of role being let go and why to answer this question fully.

Seems like a you already know the answer then.
It would have been a bad sign if they’d been kept on.

So long as the area you are in is healthy then you should be fine.

Bad for the people getting laid off.....could be bad for you later but it really just depends.

Do you have any idea on the reasoning behind their layoffs? It could just be for reorganization in which they let go of those whose work is not considered relevant anymire to the goals that the company is trying to achieve. In which case, you're safe. If it was for lack of funds, then that would be a bigger issue.

Yes, they called it a reorg. I think you're right, there's nothing to worry about. Only jobs that have been replaced by new tech have been cut.

It's not necessarily a bad sign. Most of the time this happens because of unsatisfactory performances.

Chaos is a ladder

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