Reflecting on career stability: Is transitioning to SMBs the right move?

As I prepare for my upcoming layoff from a multinational company, I've been reflecting on my career path and considering my next steps. Since graduating, I've only worked for large multinationals, and while the compensation has been decent, the job security feels increasingly volatile. Initially, I had a good experience; my former boss appreciated my work, and I thrived in a team of 50. However, over the years, the company has aggressively cut costs, moving operations to lower-cost regions. Now, I find myself as the last remaining member of my team after everyone else, including my boss, was let go. I've started to wonder if this trend is typical across big multinationals or if it's just my experience. It seems like they prioritize centralization and offshoring, which diminishes the value of local relationships and leads to layoffs in favor of cheaper offshore labor. I'm curious if working for local small and medium-sized businesses (SMBs) might offer more stability. While SMBs can still make cuts if they're not profitable, I believe that local relationships hold more weight there, and they are less likely to outsource jobs to overseas teams at drastically lower costs. Has anyone else noticed this pattern? Would transitioning to an SMB be a safer bet?

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