No Result
View All Result
Global Finances Daily
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers
No Result
View All Result
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers
  • Login
Global Finances Daily
No Result
View All Result
Home Work & Careers

When Companies Start Firing People To Avoid Layoffs

September 28, 2023
in Work & Careers
0
When Companies Start Firing People To Avoid Layoffs



Unfortunately, it’s true: many companies will start firing people to avoid additional layoffs. If you’re currently employed and worry that your company might fire people instead of announcing layoffs, what can you do to prepare for the worst?


Here’s what J.T. O’Donnell, Work It DAILY’s founder and CEO, advises professionals to do if they’re in this situation…

Prepare To Explain The Situation To Future Employers

Companies facing financial troubles after massive layoffs are placing more employees on performance reviews to avoid additional layoff costs and boost productivity. Survivors of these layoffs should prepare to explain their situation in future job interviews, as many employers conduct reference checks.

To address this issue effectively, consider using the “Experience + Learn = Grow” model when asked about the situation (your reason for leaving/getting fired) in job interviews. The “Experience + Learn = Grow” model is the best way to answer behavioral interview questions—those hard interview questions that require a lot more than a “yes” or “no” answer.

When you use the “Experience + Learn = Grow” model to explain this situation to employers in job interviews, you provide a factual response about the layoffs, your commitment to improving, and your proactive approach to personal growth, demonstrating accountability.

It’s unfortunate that when companies are in financial trouble, they feel like they need to blame people who they think are no longer performing. They put them on performance reviews and then fire them instead of announcing layoffs. There are some warning signs, and there are things that you can do to combat this. But most importantly, you should be prepared to explain why you got fired from a job if you know it had to do with their financial situation and their desire to avoid layoffs.

Need more help with your job search?

Become a member to learn how to land a job and UNLEASH your true potential to get what you want from work!

From Your Site Articles

Related Articles Around the Web

Editorial Team

Editorial Team

Related Posts

Why AI Won’t Save Bad Recruiting (But It Just Might Save Yours)
Work & Careers

Why AI Won’t Save Bad Recruiting (But It Just Might Save Yours)

March 5, 2026
Best Applicant Tracking Systems (ATS) in 2026: Compared & Ranked
Work & Careers

Best Applicant Tracking Systems (ATS) in 2026: Compared & Ranked

March 5, 2026
Mastering the AI-Human Balance in Recruitment
Work & Careers

Mastering the AI-Human Balance in Recruitment

March 5, 2026
What We’re Buying, What We’re Ditching, and What’s Keeping Us Awake at Night
Work & Careers

What We’re Buying, What We’re Ditching, and What’s Keeping Us Awake at Night

March 4, 2026
Redesigning Corporate Health Insurance and Financial Benefits to Retain Top Talent
Work & Careers

Redesigning Corporate Health Insurance and Financial Benefits to Retain Top Talent

March 4, 2026
A Compliance Checklist for Multi-State Employers
Work & Careers

A Compliance Checklist for Multi-State Employers

March 3, 2026
Load More
Next Post
Craig Joseph

How to Optimize Chase Freedom Flex, Discover it Cash Back for Q4 2023

Popular News

  • Josh Garber

    How to Contact Hilton Customer Service

    0 shares
    Share 0 Tweet 0
  • The 10 best banks for college students in 2025

    0 shares
    Share 0 Tweet 0
  • Yen under pressure after Takaichi report; Aussie higher on inflation

    0 shares
    Share 0 Tweet 0
  • UBS ditches $10bn state backstop for Credit Suisse deal

    0 shares
    Share 0 Tweet 0
  • Tokenization’s move to Wall Street needs more than issuance

    0 shares
    Share 0 Tweet 0

Latest News

UK becomes first country to sanction crypto marketplace Xinbi over $19.9B fraud empire

UK becomes first country to sanction crypto marketplace Xinbi over $19.9B fraud empire

March 26, 2026
0

The UK has sanctioned crypto marketplace Xinbi and Cambodia’s #8 Park scam compound over a $19.9b fraud and trafficking network,...

Trump signs executive order asking federal contractors to eliminate DEI

Trump signs executive order asking federal contractors to eliminate DEI

March 26, 2026
0

Trump signs executive order asking federal contractors to eliminate DEI

Trump says he’ll order that TSA officers be paid, in a move that could end long waits at airport security

Trump says he’ll order that TSA officers be paid, in a move that could end long waits at airport security

March 26, 2026
0

President Donald Trump late Thursday said he would sign an executive order to “immediately” pay Transportation Security Administration workers who...

The Soundcore Rave 3S Turns Any Song Into a Karaoke Track, and It’s $70 Off Right Now

The Soundcore Rave 3S Turns Any Song Into a Karaoke Track, and It’s $70 Off Right Now

March 26, 2026
0

We may earn a commission from links on this page. Deal pricing and availability subject to change after time of...

Global Finances Daily

Welcome to Global Finances Daily, your go-to source for all things finance. Our mission is to provide our readers with valuable information and insights to help them achieve their financial goals and secure their financial future.

Subscribe

  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Editorial Process

© 2025 All Rights Reserved - Global Finances Daily.

No Result
View All Result
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers

© 2025 All Rights Reserved - Global Finances Daily.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.