I am working for a company that does not give me any hope for job security.

Anonymous

April 17,2023 at 5:05PM UTC

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I am working for a company that does not give me any hope for job security. They acquired my store from the previous owner in addition to a bunch of other stores. So far they have lost two stores that were closed after one year of acquisition. They sold two more to different owners. Recently a store that I know hasn’t been performing well got an eviction notice and it’s eerily similar to one of the stores they had closing and giving staff a week notice. I am doing all I can to retain staff as well as hit goals but it seems they are avoiding paying rent to get out of leases. I am concerned because I do have bills to pay and wondering if I should start looking for employment elsewhere.

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AnonymousApril 17,2023 at 6:20PM UTC
Have you created a Google Alert for this company? It would tell you everything you need to know about when they show up in news, trades, financial media hits, etc. You can also create a Google Trends. Yes, always be looking.
AnonymousApril 17,2023 at 8:07PM UTC
Always take care of yourself first. Please look elsewhere fir a more stable job. This one is a train wreck.
KatApril 17,2023 at 8:19PM UTC
You know there's no job security, so polish up your resume and start looking. This situation will only get worse. Sounds like all stores are either going to close or be sold, so it's only a matter of time before you have no job. Good luck with finding something more stable.
MislynApril 17,2023 at 8:43PM UTC
Is there such a thing as job security anymore? I don’t believe so. Everyone is replaceable so do something you enjoy and always keep your eye out for better opportunities. They are out there you just have to watch for them. I’m at a job I really enjoy but I believe I could make more money so I keep my eye out for new opportunities at all times. I’m a single mom and raising a family on your own is extremely expensive and is just getting worse.
Joan Williams, Senior Talent Acquisition SpecialistApril 17,2023 at 9:56PM UTC
I would recommend you start looking yesterday. Fire up that resume!
Martha YoungbloodApril 17,2023 at 11:13PM UTC
I'd be looking and looking in a hurry. Your store may be next.
AnonymousApril 18,2023 at 9:59AM UTC
It sounds like you have less the 90 days before your store is sold.
Get cracking on looking for a new job before you forced to look.
AnonymousApril 18,2023 at 1:19PM UTC
Yes, I would be looking. If you have worked at the same place (even counting the different owners) for over six months, you should be eligible for unemployment if the store closes. The requirements may vary by state, so check with your state's Department of Labor first to ensure you have that safety net. Then polish off the resume, and start looking. Good luck. I hope everything works out well for you.
Michele ChambersApril 20,2023 at 12:35PM UTC
Start looking for a new job ASAP!
Joycelyn M. SiameApril 20,2023 at 12:58PM UTC
Please, please, please, please look for another job. I feel as though it won't be long before your store goes under. I am so sorry to hear this and I wish you and your employees the best.
AprilApril 20,2023 at 2:56PM UTC
Hello
The short answer is yes you should start your search on a broader scope I offer this give yourself credit and grace for that inner feeling that you had that even pushed you to ask this group that question. Your first inclination is solid. You are a good decision maker, and clearly you have a gift of discernment you are correct in your thought process right now remain confident and start your search. You could also take an approach in addition to your search to go to your employer, and say it looks like we’re having some challenges right now I’m prepared to stay on to see us through and maybe they will offer you a retention , this is only to give you some sense of comfort while you continue to look even if you get a retention bonus do not use the money if they offer it simply put it in the bank but it will give your employer some comfort that you’re not going to leave to zoom out of the HR office, but it will also give you some comfort that maybe you will not be surprised by that pink slip
AnonymousApril 20,2023 at 4:27PM UTC
Yes, the signs as you mention clearly are everywhere. Though you don't say what business your stores are in the pandemic has shifted buying habits a lot and retail is definitely affected in so many ways. They might be trying to consolidate to get more revenue to stay afloat and you cannot wait to find that out. When you look let those prospective employers know that this might be happening and that is why you are on the hunt. These days job security is fleeting so you should always be looking around.
AnonymousApril 20,2023 at 9:37PM UTC
Yes. Point blank , don't hesitate. Please take heed of the comments before and move with haste. Remember, only you and your actions and abilities can ever give you the stability you seek, but you must act. Now.
are you still reading this?! Get moving!