BBC: Don't Ignore These Five Signs of Impending Layoffs

Original Article: Don't Ignore These Five Signs of Impending Layoffs

"It's true that when you watch your co-workers get pink-slipped one after the other, it takes a huge hit to your confidence and career security. [But] it does not necessarily mean you're next, especially if you can demonstrate to your company you understand their goals and are working hard to meet them."

Still, Challenger recommends getting your resume or CV in order, applying for jobs and lining up meetings with your network. He also suggests joining professional trade organizations or networking groups and calling former co-workers just to chat. "If you make it known you're looking, it's more likely someone will think of you when they hear of something," he said.