It’s been awhile since my team saw layoffs. One would think that that fact will give us a greater sense of security, but no, people are always in constant panic and rumors can’t seem to stop. We also see some symptoms that something could happen in that sense. A lot of our work is being allocated to other teams, and our manager is holding off giving us new assignments. Am I right to be worried, or am I just being paranoid?
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I would say trust your instincts. It doens't matter how valuable you or your org might be or appear to be. I've seen entire orgs that appear to be critical to a department get whacked. Be prepared. Update your resume, if skills need a boost or added to, do so, get your references in line. Don't get caught with your pants down!
you are right..they will chop your team