6 Things I Learned While Working For A Failing Company
Not all companies are meant to last unfortunately. Whether it be due to poor management, changing times, a rise in competition or even economic recession, many businesses end up closing their doors as the years go on. While some of these closures are sudden, other companies take several years before they’re completely shut down. As you probably know already, the daily experience employees have at a failing company is not always great – the atmosphere can range from unmotivated to extremely stressful and everything in between. This experience can also apply to your department or specific branch closing too, even if the company as a whole is not going out of business. If this is your experience, I can relate. The last two years at my previous company were spent seeing the ‘tidal wave’ coming in slow motion; most of us knew our division – once one of the largest in the company – would be shut down eventually given our overall performance, but no one knew exactly when. Here are six things I learned while working for a failing company that’ll hopefully be helpful!