HR Insider’s Secrets: Here’s What Companies Aren’t Telling You About Layoffs
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- เผยแพร่เมื่อ 17 พ.ค. 2024
- Shopback, PropertyGuru, Meta, eBay and Dell. These are just a handful of companies that carried out mass layoffs in the first quarter of 2024 alone.
What are the sure signs that a retrenchment is headed your way? How to tell if your job is safe? If you do get laid off, should you hide it from your next potential employer? We find out the answers from an HR professional who agreed to bare all the facts on condition of anonymity.
00:00 Tell-tale signs a layoff is coming
01:58 How HR decides who to lay off
03:34 Tactics to force you to resign?
04:29 Breaking the bad news
05:35 Why you shouldn’t lie about your retrenchment
Have feedback or an idea for a story? Email cnainsider@mediacorp.com.sg
Watch the #CNATalkingPoint forum special on retrenchment in Singapore, and how you can better prepare yourself should you be the next target of a layoff.
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Him: No you don't lie in your resume if you get laid off, because you breach the value of integrity
Also him: No we don't tell the manager is laid off, we tell other employees that the manager leave for a personal reason.
That's what business are nowdays... there are no guarantees whatsoever.. it starts with the culture from GM in the 80's and copied to any Fortune 500 Companies and now in Asia.... well.. it's all always about math... it means if you are expenses, you are disposable item for the company now days... that's what it's..
You don’t lie about your layoff. The company that lays off can lie. You can get fired and the company can’t. Simple as that
No need to lie about lay off. Just need to worry about your resume and relevant skill set.
I don't get why anyone would lie about them getting layoff. Getting layoff is nothing bad, getting fired on the otherhand is something you should never lie about and if you're honest about it some company would actually give you a second chance to work with them just for being honest and true.
@@marinekong235 Yes a company may lie, and that means it has an integrity issue. Knowing that fact, you should make everyone aware and you should be ready to leave when the time is right. In other words, you can choose to leave as well.
Just remember this everyone: your company is NOT your family. And HR is as it is - you a HUMAN is a RESOURCE. Do what you need to do and you are done.
👌👌👌
100%
That’s part of why when I’m not required to work more than the minimum hours I just go home. Sure I get paid but at the expense of my own personal time.
Also HR is not your friend.
It’s probably why some companies are changing titles from HR to People operations.
I worked as a global talent partner for a few years and a recruiter. All “HR” teams were considered people teams.
I once made a mistake trusting an HR about the problem in my company but words got way to the head of HR and then head of division, thanks to him. And no, don't do more than you are instructed if you sense something wrong within your company. Do the bare minimum & go home, avoid office drama.
Just calling out the hypocrisy of companies expecting "integrity" from their hires when their actions clearly do not reflect that.
Not only that. It seems job loyalty died the day HR departments were invented. Because their existence provided a crucial buffer between management and their workers, which they could then more easily just see as digits on a sheet to balance out like a perfectly rational math equation.
The company pays you so the company can decide. Simple as that. The customer can choose which call girl he wants not the other way round.
@@Nelsonwmj When my father was still in the corporate world 20 years ago, there was no HR Department.
The function of taking care of the employees well being was under the Personnel department.
Restore the Personnel department.
Funny how HR expected integrity, while at the same time they don't exactly value honesty from candidates and from their own employees. Funny again because companies are often lying about the jobdesc & employment contract.
@@Etendard1708 no lies, all employment contract has a clause that favours the employer.
Don't be loyal to your company. You can also "lay off" your employer. Follow your what is good for you, money, same as every company will do about you.
True,treat company as a workplace not 2nd home.If think being loyal is gonna save u,guess what,,u not.Also treat colleague as colleague,not bff.be kind just don't cross line.u can be replaced anytime,any moment.doesn't matter how good ur performance is.
If they are treating you as a mere HUMAN RESOURCES then just treat them as MOMEY RESOURCES. Don't give out everything to them and just meet the requirements of your job.
Exactly........ I dont go above or beyond nor stay loyal to them.
HR man dislikes an applicant lying about being laid off.
But HR man or HR LIES about not telling ahead or giving enough certain time for employees to get another job.
HR man discusses layoff as part of management measure to save like $1,000,000 million. Sure. Right.
But HR man should change layoff announcement to earlier stage since its initial action. Coz 1 month lay off grace period is not applicable to all or enough to all to get another job.
How about submitting these changes to Labor Law?
Applies to all countries.
Companies lie to their employees and job candidates all the time yet they et pissy when a candidate or employee lies to them. Gotta love their double standards.
Learn how to spot sociopaths and narcissists and these kind of behaviours becomes easily detectable.
Remember never stay loyal to any company or business. They are not your friends always stay 2 steps ahead of them, as well act like a free agent.
Maybe HR should be the first to go since they dont contribute to the earnings.
HR do the dirty work for the bosses. Of course won't go.
There's some truth to this, I've seen scenarios where sales dept has to undergo cost cutting measures but HR personnels are continuously getting promoted and still entitled to hold large annual events when other depts have to scale down.
Hr bring money to because they are the one who bring human resources which work to make money. If they hire a person dont make money they will take the hit for it.
HR laid off last.. after he finish laying off the other employee.
HR & Finance run most companies these days and thats why corporate America sucks
Companies dont have compassion.. be it rain or shine.. good or bad economy.. always constantly be on a hunt for jobs and passively apply.. you never know what can happen tomorrow
Don't go for a job at multinationals or big public companies.
Look for a job at a privately owned company. The owner may not be able to pay you that much. But there you more often meet bosses who take pride in their company, and feel responsibility for company and staff.
Treat working for a company as a business transaction with yourself as a business. You are selling them your service for monetary reward.
Your first mistake would be to think of your company as your parents who have been taking care of you since young.
Think positively and in the shoes of the business and as a business and you will go far.
You will never hear successful CEOs complain about their companies when they were just at entry level. They see themselves as someone higher... Who takes charge of their own life. Not children.
@@krollpeterThat might be fine when economy is good. When I left my previous company, they asked me to work part time for them. They were small. When economy get worst this year, they closed their business and everyone got let go.
Basically you are willing to get pay less for some love and stability in small company. But stability may not be realistic. When company need to save costs to survive, lay off is one way. Small companies have less funding to survive bad economy
Not only that, but it doesn't matter how much you've done for the company in the past, or if your past work is worth a lot more than your past pay, as soon as you are no longer useful enough in their eyes to justify your salary that's it. For example, did you hear about the woman who donated an organ to her boss at a car dealership and saved her life? She needed a few days to rest after donating that organ. Her boss fired her when she asked! Imagine firing someone who just saved your life. I guess she figured she already got the organ she needed, why do anything in return if no one can take her kidney back? I just could never do that.
So, laying off employees at the lower level as part of a cost cutting measure...
How about...
Reducing the huge annual bonuses those CEO's, COO's, CFO's etc receive at the higher management level? These top management people are far removed from the situation at the bottom line; simply because "it is not me, therefore not for me to care".
I do believe that there are HR personnel who are empathetic enough to support & encourage outgoing employees during the layoff transition. But in my 18 years of being in the labour force, I have learned that HR is "never your friend", and the irresponsible HR types can go as far in gaslighting employees; by telling them they are not of value to the company.
If you hire a worse CEO, how is that going to help the company? By your logic, a mega-MNC on the Fortune 500 should not implement layoffs, but instead pay the CEO just 1 million. After all, 1 million salary is plenty of money, right? There is no need to pay more compensation
HR is never your friend. They only think about the company and if you are lay off, take a breath and find another company.
@@John_Smith_86 People at higher management can afford to take a pay cut without having to worry about not being able to pay for basic necessities, food, bills, daily expenses. The workers affected by the layoffs are in a far more precarious position.
how about you establish your own company? mai come here cock talk la
Infected HR Department, Human Resource Manager or Executive eventually also being layoff
lol dont lie about about getting laid off… but also…
worker: “hey where’s john the old manager?”
company: “he left for personal reasons”
LMAO, I also left a comment about that. Honesty and integrity are two different things. Lack of honesty is always present, in fact it is important for interpersonal relationships and maybe a skillset for some professions. That is why I don't like HR, they are usually very political, contradictory, hypocrite and think they are smart.
"Personal reasons" means "he was personally told to GTFO".
3 key things to remember are: (1) All companies look at their bottom line & profit margin. That’s their top priority (2) No company will feel indebted to their staff. Neither will they be loyal to their staff! U are only a pawn and only useful to the company if u r bringing in profit for the company. (3) U r not indispensable. U can be replace with other cheaper cost staff hungry for a job.
A responsible company will try not to over hire and get rid of unproductive workers immediately instead of letting them drain the company's financial resources and not contributing to the bottom line. It's better to have a lean and high performing team than to have a large staff strength with many leeches hanging around.
Nothing about 'Performance Improvement Plan' tactics to force people to leave with no severance?
Dirty laundry cannot show. lol
@@EGCN- 🤣
If they show, other companies will learn
@@teohyc plenty of companies already doing it
He is talking fluffy bla bla. Certainly companies will look into who they think is most dispensable. Of course older people, those with more medical leave, etc., they will be first to go.
Secondly, if you leave this kind of number crunchers in responsibility for too long, I guarantee your company will disappear from the market. Been there, seen that.
CNA probably has budget constraint to hire a proper 'HR professional'.
Actually it depends on how big the company in question is. If the company is small or middle size? Sure, you can look into who is dispensible or how take more medical leaves, those as reasons. If the company is huge, cherry-picking each individual takes too much effort and don't help the bottom line much. They are cutting in batches and projects. Plus in huge companies, insurance payout is already paid out one lump sum. So issues like medical leaves don't contribute as much.
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The role of Human Resources have been thrust into a light of evaluation and scrutiny. The duality of advocating for employee needs but mainly being entrusted with advancing the organizational goals.
My company does not provide pantry snacks at all lol. The most we have in the pantry is a basin, (plain) water dispenser, fridge and microwave. Because they know we are poorly paid and need to store and heat up food from home. My company don't lay off employees. They have toxic upper and middle management and toxic unfavourable practices to force employees to leave.
Leave and write a negative review on glassdoor and other review sites. Good luck
All the more significant because if employees resign then the company doesn't need to pay them retrenchments severance pay.
@@fion3943there has till today been no proper study done to establish any correlation or causation between a company's Glassdoor reviews and it's success in retaining or attracting people to work for them.
But you are still there hahaha
@@marinekong235 hahaha not by choice. because of a 4 letter B word.
When my father was still in the corporate world 20 years ago, there was no HR Department.
The function of taking care of the employees well being was under the Personnel department.
It's the same function, it's just now more commonly known as HR instead of personnel
@@coloursoftherainbow8399 100%. I've been in the working world for about 40 years now. At no time was "personnel" any different from "HR". No matter what you call them, they're there for the company's benefit, not the employee's.
it's complete denial to say layoff decisions have absolutely nothing to do with the person. We are not 3 years old. There has to be strategic consideration about WHO you choose to remain in the company to take things forward.
Not really when so many layoffs are driven by cost cutting concerns. Which in turn are driven by quarterly earning calls and public scrutiny especially if a company is publicly traded on the stock market.
Can survive to produce a good enough Qx earning, who cares what staff with what experience gets retained in the end?
Not always true. As an example: you can be one of the best performers in a project, but your ass is first on the chopping block when they do workforce reductions simply because you're a contractor and not an FTE.
If you think all layoffs are driven by merit, you're naive.
LOL no. Where do you even hear this or is this just an assumption of yours? Fired and laid off are two different things. Sometimes it's just cutting whole departments because the company does not want to pursue this product. Or just letting go everyone who was recently hired in the last year because they overhired and went over budget. Sometimes it's completely random since the order is to cut head count by 20%. The fact Twitter has to rehire mission critical people back at double the price. When they're in a rush to make the next quarter report look good they just do it quickly. When you're cutting costs quickly you don't have time to evaluate 1000s of employees.
Takeaway: HR can lie to you, but if you lie to them, it's a "betrayal". 😅
I have been impacted by an company I have loved working with.
As part of the wider HR (not doing the firing but working on other functions), lets say that even HR professionals are also gravely impacted by this.
Layoffs sometimes are a reflection of overhire and not planning ahead, and if lesson learnt, can prevent many heartbreaks down the line.
In times like these, its also a timely reminder to focus more on "You". Are you investing in yourself everyday? are you doing what you can to improve yourself?
Truth be told, when layoffs happen, it happens, you cannot guarantee it wont happen to you a few times throughout your career.
Gone are the days you expect good employers to do whatever they can to keep you, because in truth, unlike previous generations, you will move on in a few years or even less than that.
So I guess, in a certain extend, it goes both ways.
Laying off someone can have detrimental impacts not only directly on the person you are laying off, but also indirectly to their family.
As an example, my father was working in a company in Belgium and we moved in because everything seemed to be going well, but by the middle of the year layoffs happened, and since my father was only allowed to work for the company abroad, we had to pack all of our things and move back as quickly as possible before we ran out of money and savings.
That's not all, do you remember that I stated that they did this in the middle of the year? Yeah, well it turns out that they layed him off just at the beginning of June, what this meant was that I couldn't finish the school year, which was in a special class designed for people who were still learning french, but we were still learning current high school maths and english and other classes.
Now guess what? Because I wasn't able to finish the year, I didn't have a report card we could bring with us, and thus when we moved back to Spain, they didn't have records of me and said: "You didn't complete this year, you have 0 in everything, feel free to repeat every single class by yourself in 2 weeks time for the extraordinary exams"
And thus, because it was only 2 weeks of prep for an entire school year, we decided to not do anything and they kept me in the current grade, even though grade wise I have never failed and the high school average for me resulted in being around 7.5 by the end of it.
To be honest, I don't know who was more cruel in this situation, the HR department for laying off my father who immigrated to the country with us, or Spain for having an educational system so inept that they can't get records from another European country of me studying and doing well in Belgium.
Lol, I used to predict these for the coworker layoff timing betting pool.
Go on the meeting calendar tool. Schedule a meeting with all the local managers and one ups to get the grid of when they are available in the month for the meeting at 9am.
Looks for meeting block outs involving them all that begin well before the working day, last until noon and then out of the office (maybe) for the rest of the day.
Bingo!
layoff HR department first
Why would a potential employee be expected to hold the value of integrity by being honest about their previous lay-off while the company itself does not want to reveal that they are going to have lay off?
You called it a double standard.
Why tell the truth when companies are lying. Remember folks you have to treat these employers just like they treat you. Just a number.
Don't lie in your resume is the biggest lie that everybody does.
This is very insightful video .
Companies should never expect integrity from employees, as they themselves don’t care of integrity when they layoff left, right and center.
Regardless of how much a company talks about integrity, the P&C nature of layoffs always means the process is extremely opaque for whatever reason right or wrong. There's just no point in arguing or demanding justification, coz being retrospective will only screw you up in your head. It's always better to put all your energy into moving forward, to look ahead, discuss compensation and get what you need to secure your next job i.e. letter of recommendation from your boss etc.
In the end, loyalty to an employer is pointless. You should always be loyal only to your own skills and professional development - that's the only real insurance you can ever have.
"You talk about math"
HR cost-cutting strategy knows no math, it's simple short-term looking arithmetic
6:44 What a loads of sheet when he said be confident about yourself when he himself is scared to reveal his face 😂😂😂😂😂😂😂😂😂😂😂😂😂😂 How to trust what he says???
That's the thing about higher ups, corporate snakes could hide behind smoke and mirror but they don't want you the workers to have that same safety net.
he hide his face like those insiders from crime syndicate
Great sharing. So long it is not personal, I will try my best.
I was once accused of 'absent' by HR,lucky i have a good colleague that can testify and cctv proof that i was indeed inside office the time n date she (HR) said i was absent.Turn out,she didn't update the thumb print code,and mine have two diff.thumb code.She asked me to come in her desk and started to talk about being absent and thus my salary will be cut.HR can be villain.
That’s fact some of the trifling
“Support them transition” means carrying you out of the office with help from security guards.
Don't ever accept job offers from company that have done layoffs unless you are desperate to put food on the table
No you should look at the job opportunity itself, the current stability of the company and the potential for layoffs in the role - not past because its not always bad management. Lots of lay-offs are cyclical and usually the result of an unexpected downturn in the market. The company making it through the downturn is good for the remaining employees.
Plus layoffs are inescapable. All companies can do it therefore there is no company that wouldn’t anyway
what about if you say you are impacted by layoff then the company start to low ball you cause they know you are desperate for job. i think such qns should not be asked cause layoff doesn't reflect the candidate's skillsets.
It's crucial to maintain honesty in all aspects of your professional life, including when discussing past employment experiences. Employers value integrity and transparency, which can positively impact your chances of securing a new job. 🤝
They want to know if you were laid off because it gives them additional data to negotiate a lower salary. Its like asking what your previous salary was. That's why many states are making it illegal to ask that. They should make it illegal to ask anything that isnt related to your qualifications. It has nothing to do with integrity. Everyone has a right to compete for a fair salary without someone trying to take advantage of your personal financial status. These millionaire executives lie every day, and the have the nerve to judge you while trying to cheat you out of a few thousand dollars.
These are a bunch of baloney. HR will always support the company, never the individual
Pantry?!?! We've never had that. oh well, we're already closer to layoffs
In reality it’s no one’s business of why you were let go from your last job.
Oh it has everything to do with WHO the employee is. I know this because I used to work around a lot of HR employees and I learned a lot. Most times you get fired because people didn’t like your vibe. Happens more often than not
Remember folks, HR is there to save the company from you, not the other way around.
Be the best you can be in life never take any thing for Granted especially working for a big company
Meaning that HR only cut cost, and doesn't generate revenue? Think they should go in the first place.
Let's always do alot of good 🔥
Ah yes. You are not allowed to lie or leave out information, but the company will do everything possible to string you along and be deceptive.
Hmm, telling them you were laid off?
Two issues with this:
1. Some companies specifically won't take people that have been laid off.
2. If they know it does put you in somewhat of a detrimental situation when negotiating salary.
He does have a point about integrity though.
3:20 - I love the way he dodges the question. He says in now way should it be about... Well, we *know* that. But the question was IS it?
What nonsense....corporate HR talking about "integrity".
Well, this guy definitely has integrity issue based on his answers consistency
Lmao that’s what I was picking up on the whole time 😂
@@ReceptiveKing93 I'm starting to think that such trait is a professional requirement in HR.
@@plainseed it’s a double standard unfortunately. I was fired by my last job and I applied to a job and they asked me why I left my last employer (through a text). I told them it wasn’t a good fit. But when I asked them why the position is open they go radio silent 😂
I have no idea why anyone would lie about being laid off
To me this is just wrong, I believe HR’s main job should be ensuring we are adequately staffed and not nose into our style of working or be worried about the cost cutting measures.
In fact, the EMPLOYEES should have full say of how much the top level MANAGEMENT is ALLOWED to be paid salary or otherwise and should require a 95% vote to approve ANY bonus which must be CLEARLY documented with SPECIFIC REASON. I’d guarantee the company will save money many times over and be able to pay all employees easily 5-10x the current salary.
however, the reality is not what u said. In fact, company lay off will be even more frequent because of inflation. Let me tell u this: this is not the inflation wave back in 07/08, this time around is even worse and companies especially IT companies are completely being hit very hard in this wave of inflation
@@johnlau6749 ……and many can pay their top level management hundreds of millions of dollars when they can’t even pay the LOWEST paid employee $50 an hour (which should be the absolute minimum even with foreign employees and failure to do so is either the sale of company assets and imprisonment of top management or bankruptcy)
Not lying about being laid off will cost yourself more harm than good. Sure you'll get the job but definitely the HR will lowball your salary than your last. Never EVER go full honest with your HR since the company themselves are never always honest with you anyways. It's good CNA didn't disclose this guy's face because for sure his house will be burnt down if his identity were to be public.
HR is there to protect the company and making sure the employees is at the wrong by all means (if things go south)
I have a feeling that this guy can definitely be identified by his silhouette
So companies can lie but individuals can’t?
You know shits bad when they have to hide the identity of the interviewee 🤣
I’ve been part of Work Force Management and seeing huge number employees that needs to be removed from the company- I see this as huge casualties and against human rights.
Could small scale layoff for the sake of cost cutting possibly involve a CEO? One of my CEO recently left ratherly quietly, no companywide email to announce the departure, I thought it was rather odd.
Basically, you need to be honest to HR, but HR no need to be honest to you.
I whistleblew my ex-employer when I was unfairly fired without severence by the new management and new boss after an acquisition. A streetwise lesson no management professionals will teach you: know where your employer "skeleton in the closet". Only then you have the whip hand to deal...
Simple answer....Start your own business and work smart and hard at it.
Layoff ❌ Org-restructuring ✅
The topic of “cost cutting targets” often being triggered by the people above wanting more spending money for themselves is left unaddressed for obvious reasons.
I actually feel like companies would be better off sharing all the objective information that they have and how they arrive at decisions numerically as was done in this video so that way it’s less confusing and shocking for their employees when they get laid off.
haha i know this guy!!! His name is not John!!!! The giveaway was his nose - bro, remember DnD 22 when you won the aircon unit
A lot of good, basic human skill displayed here: Be honest, be professional, take care of your network. Not earth shattering new insight, really, but important nonetheless.
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All the warning signs are there in my job. They are thinking I don’t know 😅
I was laid off about seven months ago. I have to say I feel better about myself after watching this. Wish I could thank this guy.
One question: If you are laid off and you mention that in your interview, will that not affect your compensation ? You are at vulnerable stage in your life and the interviewer knows it now. Will they not take advantage of it and give you a low ball offer ?
Too be honest, the biggest cut should be the HR department, WHY? Because they are the one who shortlisted the chaos ppl into other department
HR's role is never to protect employees, they're there to protect the company.
Excuses given by an employer who assists management in laying off their own people expect us to believe he is doing the right thing.
“It’s about jobs not people” is just corporate talks. People can do various jobs, so at the end of the day it’s about comparing people.
I know they obscure his identity, but there’s so many distinguishing features lol
Make sure you find other ways legally that can bring in income
When your passive income is moe than the income you earn from fixed job that means you are stable
Some companies announce that layoffs will be happening to scare people into quitting. Saves on severance costs.
Better for me to find a job while I have one.
In Malaysia, a lot of MNCs are currently opening a hub instead of opening a production plant which to me is saddening. It just shows that they are trying to find an alternative to get low cost but high skill talent, which sums up the situation here in this country. Professionals are being underpaid.
That's not just in Malaysia. Being underpaid is a worldwide phenomenon.
06:00 this is a lie, the sheer amount of people I know and have interviewed that lied and got promoted is insane. just don't get caught, if you say you were a manager see that you did the job not that you had the title, always be prepared because companies also lie a lot. you did planned the route for truckers ? Logistical strategy manager. Companies want to fire but don't let it seem so ? Reducing the bureacracy within the organisation and with bureacracy they mean you
The individual in the clip works in human resources, it basically worthless and skill-less. Research from rating agencies, companies themselves, universities, and private research indicates they are extremely overpaid and practically useless. They are considered the most useless department in any company, while I thrive in capital investment.
I don’t know about him but some HR let go those workers who are playing on their phones too much or doing their side hussles during office hours on their computer.
Always remember that you are just an employee. You do not own the company. Your colleagues are not your friends. You are just another person in the company.
The HR has no moral compass to push back managements. They can identify if employees did a good job or not, did their best or slacking, etc.. instead HR just gundu & lay people off. What a joke.. lol
when integrity and diplomacy collide 😵💫
good thing we have Labor laws in place that you cannot just lay people off. Its more expensive to have a labor suit than to lay people off. not perfect but basing it from the HR specialist the reason wont cut it with our laws.
There is no reason whatsoever to lie about being laid off. Every hirer knows that you have no control over layoffs, that it usually has nothing to do with your performance in the company. They will just acknowledge the fact and move on.
Companies don’t care.
Dang, this is actually better than any management textbooks and lecture i ever had..😅
Ah, if they're starting to remove expensive meals, and worse preventing business leave, it's time for me to find a new job.
HR is usually the first to go.
Employer just demoralise the employees enough to trigger resignation
Kinda ironically they forgot how cutting cost worked.
by cutting of middle managements / senior managements.
Question for the government:
What do we do with the unemployed?
the first thing you need to do is: apply for unemployment benefits. (depends on which country you live)
It’s ironic that HR, a dept that is most detached to business and can’t possibly bring in revenues, is the one making the decisions.
It's like a bresk-up
"Lay-off don't necessarily meant you're a bad worker" is such a cliche as many employer hiring would think differently if they had knew, of course lying is bad but being honest here could also back fired.. so lie or not lie haha.
It's not a cliche. It's the truth. Firing and layoffs aren't remotely the same thing. Guess which ones get you unemployment benefits? People who use both terms synonymously are morons.
That is so stupid to tell the next potential employer you got laid off. They don’t need to know