some companies are very private about telling employees things. i hate that crap.
anyway, our company is in decent shape, i get a fair amount of praise for how i do my job, and i am only 1 out of 5 IT people. id probably have to royally screw up to get fired, even if the company started to struggle. Our IT dept is about as slim as it can reasonably get.
Yes, all kinds of interesting things can go on behind closed doors.
Or maybe they don't conduct their finances the way you'd expect or hope - if the company's actually running itself "paycheck-to-paycheck" style, it doesn't take much of a ripple in business to push them over the edge and start shedding staff.
I've been through....three rounds of layoffs, I believe? The first came shortly after I was hired, back around the recession in 2009. A lot of our revenue depended on B&M banks being built or having their exteriors updated. That portion just about
stopped during that time. It's picked up since then, but a good number of B&M banks will likely follow Blockbuster's path. The smart ones might morph into financial services companies, and shed most of their physical locations in order to become online-only organizations. We've since diversified out into other market sectors.
I guess they kept me on because 1) I was a new hire, and therefore cheap, 2) I'm pretty darn smart, and also good at what I do.
The other layoffs were related to seasonal fluctuations in sales, and partly, I think, to get rid of some disruptive influences.
I'm still there though.
Will they ever decide to cut costs and ditch me for a cheap new hire who's fresh out of college? Don't know. However, they don't seem to like to let people go unless it's very necessary, and the overall cost to find, vet, and train a new hire would be substantial.