Nearly ⅓ of Professionals Are Worried About Layoffs In 2021
Early in the COVID-19 pandemic, some executives took layoffs off the table for 2020 to give employees some added security during a troubling time. But the workforce won’t get the same assurance for 2021.
On Blind, the largest anonymous professional network, we asked our 4.1 million users:
- Are you worried about layoffs at your company?
- Are your coworkers speculating potential layoffs within the next 6 months?
Key learnings from 1/22-2/01 from 5,958 professionals
- 32% of surveyed employees are worried about layoffs at their company
- 70% of IBM employees are worried about layoffs at their company
- 73% of Boeing employees are worried about layoffs at their company
- 71% of Wells Fargo employees are worried about layoffs at their company
- 91% of TicketMaster employees are worried about layoffs at their company
- 28% of surveyed employees say their coworkers speculating about potential layoffs within the next 6 months
- 86% of PayPal employees say their coworkers speculating about potential layoffs
- 69% of Dropbox employees say their coworkers speculating about potential layoffs
- Half of CitiBank employees say their coworkers speculating about potential layoffs
- 0% of Indeed.com employees say their coworkers speculating about potential layoffs
You can access the raw data here.
A professional at Linkedin posted “ Bay area layoff wave- Been seeing trickles of engineering layoff posts on Blind, Dropbox, VMware, Walmart. What company do you think will be next to lay off expensive bay area people?”
With nearly a third of professionals fearing layoffs within the next 6 months, this is likely indicative of the state of the workforce in 2021.