Why High Performers Are Not Immune to Layoffs: Expert Insights
Are high performers safe from layoffs? Expert reveals four reasons why performance ‘isn’t protection’
The Economic TimesImage: The Economic Times
In today's unpredictable corporate landscape, excelling at work does not guarantee job security. Leadership expert Shrijith Krishnan outlines four critical reasons why even top performers can face layoffs, emphasizing the importance of aligning with company priorities and maintaining visibility within the organization.
- 01High performers may lose jobs if their roles become less strategic.
- 02Cost considerations can lead to layoffs regardless of performance.
- 03Lack of visibility can increase vulnerability during downsizing.
- 04Absence from key decision-making discussions can diminish perceived value.
- 05Proactive measures are essential for job security in uncertain times.
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Excelling at work no longer guarantees job stability in the current corporate environment, according to leadership expert Shrijith Krishnan. He highlights that layoffs often depend on broader organizational factors rather than individual performance. One key reason high achievers may be let go is when their roles lose strategic importance due to shifting company priorities. Additionally, as employees advance in their careers, their financial impact becomes a crucial factor; higher salaries may lead to increased scrutiny during cost-cutting phases. Furthermore, professionals who do not advocate for themselves risk remaining unnoticed, which can jeopardize their job security. Krishnan also points out that being excluded from key decision-making discussions can lead to underestimation of an employee's contributions. To enhance job security, he advises staying aligned with business priorities, making achievements visible, and building a strong support network within the organization.
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