As signs of a recession mount, career experts suggest employees might think twice about moving jobs to avoid facing “last in, first out” layoff policies.
And while we're not they're yet, career experts say jobseekers should be cautious about moving roles in such an environment as it could leave them more exposed to potential layoffs.
Temporary or contract workers could be especially at risk from such termination policies in a downturn, according to Julia Pollak, chief economist at jobs site ZipRecruiter. Though senior, more expensive employees could be at risk, too, she noted. "Professionals with hard-to-source skill sets should suffer less in the 'last in, first out' approach, should it come to that in the market," said Samples. Still, for some, the benefits of moving jobs will outweigh the risks, or staying put may simply be untenable.
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