People Share The Biggest Signs Their Company Is On The Brink Of Failure

Companies can either thrive or falter under the constraints of capitalism, especially during an economically devastating global health crisis that was only a short decade after the 2009 recession.
There are a few signs that can tell you when a company is on its last leg. Sometimes they can limp along for a few more years, but it might not be a bad idea to dust off that good, old resume.
We went to Ask Reddit to hear about those red flags and hopefully we can learn a few things from these horror stories.
Redditor Lofi_While_I_Sleep asked:
"What's a sign that the company you're working for is on its death strokes?"
Here's how you catch the signs so you know when to get out.
What comes before lay-offs?
"Having been through this, they start stripping benefits. Then comes the employee reductions and wage freezes. CEO leaves."
"As somebody who's been involved at a senior leadership level and had to execute lay-offs/reductions/downsizing, I'll add this; there are markers that come way before it gets to employee cuts. First it comes from top-down communications that start to talk about declining revenue or profit. Then, when senior leadership starts talking about saving, you know 'tightening the belt' it's a sign that leaders are thinking about how to cut spending, but that in it of itself doesn't mean a RIF (reduction in force)."
"The real thing to look out for is if leadership is talking about reducing cost but at the same time are not communicating a vision for innovating or changing the business model in a significant way. If their plan is to save money while doing exactly the same thing then this is the biggest red flag. A company rarely saves its way to profitability without innovating and generating new value to offset the decline. Penny pinching essentially just slows the decline and delays the inevitable."
- Z0MBGiEF
"Well said. My company implemented TPS (Lean) even in office processes before dropping the hammer."
"Pretty futile, it might buy some time but if your market share is on the decline and the company's products are not really that competitive anymore (and ownership/leadership isn't innovating/pivoting), than no amount of Black-Belt Six Sigma Consultant stuff is going to turn a dying business around. It's like trying to save yourself by going on life support when you really need a heart transplant. It's only a matter of time."
- Z0MBGiEF
"In a similar vein, be on the alert for what might be termed 'musical chairs' behavior among lower and middle management: blame is going to land somewhere and so each little team leader and department head scrambles to cover their a**."
" If you don't have the vantage to see that dynamic firsthand, then be on the lookout for nonsensical expectations, which get followed by different pie in the sky initiatives that seem to be at cross purposes with the last set of orders (which were never really rescinded). Meanwhile your boss looks stressed and dodges questions when asked for clarification. Maybe the boss mutters this place is so f*cked up."
"That's the time to look for other opportunities, before the axes start to fall."
The "everything's fine" meeting.
"When management calls an all-hands meeting, to assure the employees that everything's fine."
- pullin2
"Sh*t, we have one of those planned for Friday."
"Time to update the resume."
We're a family!
"We are PARTNERING with a bigger competitor firm. We will stay a FAMILY and NOBODY is GOING ANYWHERE."
"Means you got bought out and everyone is getting laid off as soon as they have control of your business."
"Yep, 'merger' usually just means 'acquisition' and their ways imposed on you."
"Happened near me when two hospitals 'merged' with the usual puff of management and PR bullsh*t. All that happened was a load of Hospital A's outpatient clinics started closing and moved to Hospital B. Hospital A was the only hospital for 25-30 miles around and people were also travelling long distances from rural areas to get there in the first place, now they're expected to do another 20 miles south to Hospital B. Woohoo."
"Happened to me. It was announced as a merger but it was an acquisition. Six months later our management was walked out the door. We were placed under new managers who then stripped our responsibilities and our access."
"You forgot the cheerful chatter about 'synergies!' How could you possibly forget about how the merger is going to make everything so much better because of all the new opportunities for 'synergies'????"
"Lol. I went to this meeting the #2 said he was taking a pay cut. One of the research drs raised his hand and asked if it would help if we all took a pay cut. Every head turned and gave him a death glare."
"In that moment I would be contemplating a 100% pay cut... By updating my resume and passing it on the the competition. See I can be a team player too, once hired I just saved my old company some cash by not having to pay me anymore."
A tale of merging.
"I once worked for a company that rented medical equipment like pulse oximeters and defibrillators to hospitals across the US. Branch offices in every major city. I worked in IT, helping to run the mainframe. This was the late 1980s/early 1990s, and desktop PCs at the office were just becoming a thing."
"Anyway, we were extremely leveraged and one Saturday my boss calls me at home and asks me to write a massive report basically summarizing the total sales of every branch office, by hospital, in descending order of revenue. For the last five years."
"To put that in context, the physical output of such a report ended up being a stack of wide-carriage pin-fed computer paper that came up to my waist."
"I'm six-two."
"I knew this when I took the call and closed my eyes and said to my boss, 'We're being bought, aren't we?'"
"He swore me to secrecy."
"About 300 people worked at that HQ. We were informed we were losing our jobs by... [drum roll please] ... a voice mail."
"We came back from lunch on Friday to a company-wide VM telling us we were 'merging' with our next largest competitor. Of the 300 people in that office, maybe six got jobs with the merging company."
- dramboxf
These Actors Seemed Miscast But Absolutely Nailed The Role | George Takei’s Oh Myyy
The Actors Who Seemed Miscast But Absolutely Nailed The RoleFew people bought into the idea of Bryan Cranston in the role of Walter White before Breaking Bad...Pinching pennies.
"A really subtle one is when Purchasing suddenly starts thrashing around looking for 'new' vendors for basic things like copier paper, pens, staples, sh*t like that. That means they've burned their existing vendors by not being able to pay bills. I've seen it happen at least twice. Both companies ceased to exist within 12 months."
- dramboxf
"Could also be a sign they're trying to pinch pennies on office supplies. If how much you're paying for a ream of paper matters for your company, you're probably in trouble."
- 00zau
"Light bulbs are different colors or brightness. When the maintenance department is using lightbulbs that are a different color temperature of the existing lights it is because someone isn't paying attention or because they are using old stock and not re-lamping whole zones at a time due to inventory or labor constraints."
"This is especially true of retail stores. Once the regular vendors start demanding cash on delivery, well-known names start disappearing off shelves, and they are being replaced with Chinese knockoffs called 'La Croisiet,' 'Bakemister' and 'Cuisine Art,' well…springing for the store warranty on your blender is an even dumber idea than usual."
Employees have to get paid.
"I'll add my own. We've been on paper checks for 6 pay cycles because ADP (our payroll software) is too expensive. Getting out asap."
"Yeah, that's probably a sign that you're gonna bounce that check soon."
- 00zau
"Yeah I once worked for a company where the CEO had previously gotten in trouble with a state board of labor for not paying out employee wages after going under. Shame I didn't find that gigantic red flag before I took the job, because they went from aggressively building a software team to firing all of their engineers in like 8 months."
There's a lot of signs.
One Redditor had a whole list.
"From my experience:"
- "Long time employees are forced in to retiring"
- "Management is constantly fighting each other"
- "Good employees quit without cause"
- "Company is behind on their payables or they're scrambling to find new vendors"
- "A LOT of closed door meetings between management"
- "Consultants are brought in"
- "Hours are cut"
- "Benefits are cut"
- "Wage freeze"
"I was going to mention the consultant thing. Its a sign to watch for when there are other concerns. Obviously consultants can be used for a whole host of things, but when its a last ditch effort to overhaul the organization, you're on thin ice."
"And to add:"
- "Promotions are frozen along with wages"
- "Older employees are laid off with a huge push for bringing in college students that they can pay much less"
- "Janitorial and coffee services are cut down"
- "Bathrooms are migrated to one ply toilet paper"
- "In-house jobs are shipped off to contracting companies or overseas"
"When the top level management, right under senior management are replaced with management consultants. Been working in corporate USA for over 30 years, all they do is sow fear, uncertainty, and doubt about the current staff, try to stay as long as they can to suck the company dry."
"Our consultants were from Accenture at my last company, yes the same company that worked for Enron."
Positions aren't being filled.
"No positions are being filled when people quit. Delaying of pay. Silence of management. Key people leaving the company."
"At my former employer HR would hassle you into interviewing and hiring absolutely useless internal candidates just because they had applied. You have told us you want a role opened, so you will fill it."
"And if it went on long enough unfilled, or someone else had 'held the fort' for long enough, HR decided you didn't need that extra body and pulled the post. Therefore you could hire nobody and anyone holding the fort had to continue doing so."
"Saying we are overstaffed and not hiring newcomers when everyone is doing 3 people's job and the workload is out of hand."
- Lord-AG
If you're working on commission.
"If you're in sales and they start messing with the commission structure every couple months, that's a pretty big sign. Especially if they start doing stuff like, 'If you sell $x of accessories on a ticket, then your commission rate changes to this other arbitrary number.'"
- ashok36
"That's a clear sign to bounce. Messing with pay is a deal breaker. Not necessarily a sign of the end of the company though, sometimes it's undervalued sales team by a greedy management. Or if the company suddenly thinks the stuff will 'sell itself.'"
Not trusting the movement towards digital.
"Micromanagement, lack of vision, 20th century strategy, distrust of digital. Going through this right now."
- Toygr
"I'm in the Midwest and I see the 'distrust of digital' far too often. If company leaders are simply unfamiliar with a lot of digital tools and resources out there that's one thing (that's how I get hired), but if they're full-on against making use of digital tools and resources that's when you walk away because they are on a downhill spire."
- Gorssky
If any of these things are happening at your work place, it might be time to start checking out LinkedIn and Indeed.com.
This is a strange time for job hunting as record numbers of workers are quitting. It's up to you when you want to jump ship, but make sure you're keeping your eye out for those red flags.
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Sometimes you only need to experience something once, to know it's a never again situation.
I always say, try everything once.
Well, now that I'm older, a caveat to that is... try it all within reason.
How many things have we all walked away from saying the one time experience will suffice?
In fact, knowing when to say no is one of life's wisest choices.
Redditor Croakied wanted to discuss the times we've all said... "once was enough!" They asked:
"What is one thing that you will NEVER do again?"
Love. Did it. A few times. Moving on.
Stay Still
"Jump off a moving train."
DenseDriver6477
"My dad used to jump on a train when he was little to go to school. He broke his nose like twice doing it. He also would not recommend."
Darphon
“vaportini”
"Smoke alcohol. Me and my friends bought something called a 'vaportini' in college where you could pour alcohol into a bulb and after low heat separated the alcohol from the liquid, you could inhale it thru the glass straw you inserted into the bulb. Basically you got drunk directly into your bloodstream/brain and it never hit your stomach."
"If you did too much, your body wouldn’t make you vomit or something, there wouldn’t be a simple self regulation/safety measure. You’d just get alcohol poisoning. Felt very dangerous, the drunk wasn’t a regular drunk feeling. We used it once and were like okay, never again. I’d be surprised if you could still buy it, although it would be incredibly easy to replicate at home."
michelangelho
It’s heartbreaking...
"Fall in love with a drug addict."
Rains_Lee
"Good call, don’t do it. The drugs will always come first. Can’t go out unless their 'ok' with how much drugs they have and money left over if any, cant make love unless they have their fix for the night and even still it never feels normal, can’t trust them after the lies to get drugs and the manipulation they put you through, and you can’t change them no matter how much you try and wish they would. It’s heartbreaking."
Cvilla411
More me time...
"Give up my life for work. F**k going the extra mile for a place that doesn't value you and pays you crap even though you go the extra mile for them. You have 1 life with only so much precious time to enjoy it and slaving away at some job is not worth it. Do what you can to reduce your workload and find better employment, or hell try to change the working conditions at your current job to improve things for everyone if you can."
Mrhappytrigers
Well Obvi...
"Donate a kidney."
ToffieMonster
"Well, you could donate the remaining one. You just won’t be around to say anything about it."
shavemejesus
This is definitely list I can relate to. No thank you on a lot of this!
I Quit
"Smoke cigarettes, it's been two years since I quit."
SuvenPan
Forget It
"Climb mount Kilimanjaro. Toughest thing I've done and it's not worth it. I'm all about tough treks and camping but to put yourself under tough conditions and suspectable to altitude sickness only to get to the top for 10 minutes for a picture. No thank you."
Monks_
"I agree, it was memorable. Once was enough for my husband and I. Thankfully we stayed at American style hotel run by the US Navy with a hot tub and bar. Alcohol was definitely needed after all that."
Whatsherface112
I'm living alone!
"Sign a lease with a stranger without hanging out with them a few times beforehand. My past roommate experiences in college were terrible. Roommates either ignored me, hosted parties til 3 AM on weeknights, made the house the hangout and drug-den for them and their buddies. Meet up once and they'll put on an act for you. If you can, try to see how they act drunk or frustrated."
"Try to hang out with their buddies too so you can see the type of people who could be coming into your future place of residence. As soon as I can afford it, I'm living alone! Now, I investigate a potential roommate's social media and hang out at least twice before signing a lease with them."
fleursdefer
Stay Away
"Take back a cheater. Know your worth my brothers and sisters."
santichrist
"Ughhhhh going back and forth on this one. My boyfriend of 5 years has cheated on me. Several times, actually but says he’s really changed and is ready to settle down and wants me to move in with him. I’m on the fence. So they never change???"
madlecroy
Sleeptime
"Take a laxative and sleeping pill at the same time."
karmaredemption
Once, twice, three times... I'm out. Bye.
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People Imagine How They'd React If Their Significant Other Wanted To Sleep With Other People
There is an age old question that has been getting more traction surrounding sex for partners the last decade or so.
And that is... "is just one enough?"
Were we really meant to only be with one person forever?
There are so many flavors to taste.
What if your partner wants more cookie dough with your strawberry?
Redditor Pineapple-Status wanted to hear everyone's thoughts on opening the bedroom to others. They asked:
"What would you do if your long term SO suddenly wants to have sex with other people?"
I say I'd be ok with it, but I'm remembering my last relationship and I feel like I'm not a "put my $ where my mouth is type" on this issue.
Bye
"Wish her well and spend the next 2 years getting myself back to a place where I am ready to get hurt again."
wickedblight
It's Time to Roll On...
"Personally I would leave them."
"I think they're the ones leaving you. I don't think the relationship changes at that point; I think it ends. If you have a monogamous relationship, they are telling you they want to end that. They might be suggesting starting a new, non-monogamous relationship, but that is a separate thing. The original relationship is over."
octopoddle
ethical non-monogamy...
"OP, it's no different than anything else they want: you either agree and stay together, disagree but stay together, disagree and break up, or even agree and break up. What you're talking about is called 'ethical non-monogamy.'" The seminal book to read is called The Ethical Sl*t."
"It basically boils down to be whatever you want, just don't lie about it. The tricky thing is that this is something that was not present before, but is present now. So it's a potential fork in your road. If you're against it, it's up to your SO to decide if sex with other people is more important to them than a life with you."
Tokugawa
a different story...
"I think it depends too how intently they're interested. If it's a thing they bring up because they're curious but it's not a dealbreaker for them, I'm fine with that even if I don't want to proceed. A solid relationship involves open communication, and it'd make me happy if my partner trusted us and our bond enough to voice that curiosity with me."
"If it's something their heart's absolutely set on, then it's a different story. Either way, it's kind of strange to me how these posts always assume simply asking your partner how they feel about opening the relationship means they're now wholey invested in the poly lifestyle and they'll resent you or cheat if you say no."
donkeynique
Others
"Happy that we have common interest, sad that it's different 'other people."
i_lick_icicles
Sex is always an issue. Remember when it was just fun?
Mine
"Leave her. I’m far too possessive and jealous to be able to mentally accept polyamory. If she has a desire to be with other people I’m not going to stand in her way but I’m not going to be there when she gets home either."
Thiek
Not Me...
"Break up. My parents were poly and it's just not for me. I've been honest with every relationship I've been in that I'm not interested in any type of open relationship. If they want to be with someone else that's fine but we'll be over. My husband is aware of this and on board (and has been for over twenty years!). So if he came to me with this yes I would be heartbroken but I'm not willing to budge on this and it would be the end of our relationship."
GoldDustWitchQueen
Let's Talk
"Counseling time! We're married. I'm chronically ill (stage 4 breast cancer) and have no libido. We try to make intimacy work, and obviously in that case it wouldn't be working. So. Time for a pro to sort out the marriage, and possibly a sex therapist for me."
insertcaffeine
Awkward Positions
"I’ll put myself hypothetically in this position. My partner and I only want each other. We’ve made this abundantly clear to each other. However, if she came to me with desire to open our bedroom and she wanted to sleep with people outside our marriage."
"I would simply express how I vehemently do not an open bedroom and that it would kill any desire I have to want her, be with her, love her, etc. Our couple dynamic has been working well through our ups and downs. Involving some stranger in the ONE thing I find most sacred with my partner is the best way for me to lose any interest or passion for the relationship."
RedFlaim
Farewell
"Break it off, because they definitely already have someone in mind and you telling them no won't change the fact that they were only one step away from following through with it."
Caressticles
Well it feels like a lot of people still believe in one partner, happily ever after. Good for y'all. But big props to these couples who have open and honest conversations about their wants and needs.
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Many of us sometimes fantasize about what we would do to our worst enemies, especially in the moments when they're actively making our lives worse.
While most of us would never actually do any of the things that we contemplate instead of screaming at that super annoying person at the office, we do get pretty creative with the ideas.
Redditor take_me_there_ asked:
"What WOULD you wish on your worst enemy?"
This One Would Hurt
"A conscience. Let her realize the horrific things she’s done."
- Jenny010137
"Seriously. Introspection, self awareness, and empathy are traits that would improve a lot of sh*tty people."
- el_muerte17
"Oh I wish I had thought of this one. If my enemy had a conscience, wow life would be much different."
- Shelbysouth43
No Pearly Whites For You
"I’d like all their teeth to turn really yellow and stay yellow no matter what they do."
- toothfixingfiend
"What did I ever do to you?"
- Spideredd
"I don't even know you! Give me back my enamel!"
- AngryMustache9
Everything You Own Is Orange Now
"Permanent Cheeto fingers. Just orange cheese dust getting on everything."
- cocoapuff1721
"This has to be one of the most evil things I ever heard, yet absolutely hilarious."
-Merk0411
"The Midas Touch: Snack Edition"
- MaryVenetia
Ouch, But Forever
"Stubbing and breaking their toe and right as it’s about to be done healing it happens again over and over for the rest of their pitiful time on this hell we call earth."
- No-Bee-2971
"Sisyphoot"
- Alpha_6
"More of a Toemetheus imo"
- PykeTheDrowned
Self Reflection
"For them to realize how big of an a-hole they are."
- mayhemanaged
"Same for me. The trouble is mine probably knows what a tremendous a-hole he is, and just doesn't care (it's what defines him, is his outlook more than likely), so, give mine a conscience as well, he undeniably lacks one."
- RhoadsOfRock
"a crushing moment of self realization is something that can destroy you mentally. I wish that on them."
- chancetodream
Bury Them Under A Mountain Of Minor Inconveniences
"Always being hungry two hours after eating no matter how large the meal. Slow internet. Traffic jams no matter the location. Self doubt. Allergies. Favorite shows spoiled."
"Nothing major enough to be life altering but constant, low grade inconveniences that wear on your soul every day."
- I_Love_Small_Br**sts
"Every bite of food they eat/drink they drink being slightly the wrong temperature."
"Coffee? Warm but not hot. Cola? Cool, but not cold. Muffin? Ever so slightly frozen."
"Not enough to ruin their life, but just enough to not quite have full enjoyment of anything.."
- HappiHappiHappi
They'll Never Be Able To Use Their Computer Again
"Quick scan with McAfee on their computer."
- halflife_3
"You f**king monster."
- Orion_2kTC
"The constant pop-ups from McAfee is too far."
- _Land_Rover_Series_3
That's A New Level Of Evil
"Bed bugs."
- thrawn1825
"Currently dealing with bed bugs, and I can absolutely confirm this is the kind of thing I would wish upon my worst enemy. It is miserable and painful, and I've tried everything to get rid of them at this point."
"I would easily wish this upon my worst enemy, x10."
- ArbitrarilyStagnant
"Oh hell no, you went there... Hopefully they aren't living in an apartment complex or you've cursed everyone in the building."
- expect_less
Well of course I know him. He’s me.
"$100,000. I sure could use it."
- Sparklesperson
"'It’s no surprise to me I am my own worst enemy'"
- FishyVonFishenHymer
"Lol I thought this was that deep sh*t like 'pray for those you resent to have all the things you want in life….' Then I realized."
- No-Chipmunk9527
Forever Constipated
"That they can never have a satisfying poop. They always feel like they have to go to the bathroom and when they do nothing comes."
- [User Deleted]
"Wow. That's evil. Always feeling the need to pee would be good (as in horrific) too."
- ipakookapi
We definitely don't recommend implementing any of these plans (not that most would actually be possible), but here's some new ideas for the next time you're stuck in a meeting with your most annoying coworker and need a little fantastical escape.
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I grew up poor, and I remember the little things that made me smile when we just happened to have enough that week.
The little things that a truly rich person would not think twice about.
Ah, the luxury of it.
What spells luxury for you?
Redditor ConAir161057 wanted to compare notes about the things in life that feel like items only money can buy. They asked:
"For people who grew up with little money, what always felt like a luxury?"
New clothes. I had so many hand me downs and thrift store clothes... new seemed like a dream.
Anxiety
"After growing up in a home where every unexpected problem was a financial emergency, my idea of wealthy became 'I just want enough money that if something breaks I don't get anxiety about how to deal with it.'"
Obiwan_ca_bl**me
Literature
"Getting to buy something from the scholastic book fair."
Rich*itch3232
"My school, at the end of it a bunch of books were 'donated' and then spread out on a table in the library. We all got to go pick one book. So even if kids didn’t get to purchase a book, in the end they had a chance to still get a book. It’s actually how I got my first Harry Potter book. Was a cool idea for any school staff or parents active in their kids’ schools."
glass_pillow
Christmas
"Getting new clothes at Christmas from relatives. I don't know if that is exactly a luxury or the kind of answer you are looking for, but we never had a lot of money when I was in middle school. I went an entire year wearing the same pants everyday. The funny thing was my parents didn't even buy them for me."
"I got them for Christmas from my Grandparents. All the kids use to give me so much sh*t for wearing the same pants everyday. I always told them that I had 5 of the same pair which made me feel good inside and kind of made them ease off even though I know they didn't believe me."
"I remember I fell on the school bus one day and the jagged floor cut a hole right in the knee cap and the panic that went over me was just insane. It was one of the worst feelings of my whole life because I knew that I didn't have any other pants to wear and that now all of the kids in my school were going to know that I only had 1 pair. Needless to say I could not wait for the last month of school to end."
themagicman_1231
I'm Away
"Summer camp, or basically any school trips that had to be paid for. At my school the kids who couldn't afford to go on trips that happened during school hours still had to come to the school, we just sat in a room and did extra work like it was detention."
Helpful_Yams
"I was lucky. If you taught at the day camp your kid could go for free. That was just day camp though not sleepaway camp. My mom found a camp teacher who had no kids of his own and he signed me up as his kid so I could get free day camp. Did that all through elementary school."
randtcouple
Big Deals
"Going out for pizza was a big deal. Those free mini pizzas for reading books were huge."
Shroom4Yoshi
Food is always an issue when you're broke.
Damage
"Being able to turn on the heat in the cold and pay a professional to fix damaged appliances, plumbing, and other issues."
Liggettef
Spoiled
"When my grandma would come pick me up and spoil me. My parents didn't have much money and were addicts so when my grandma would come get me I would come back with new clothes, video games, toys, etc. I used to think my grandma was rich but she actually just had a stable income."
nawlepen
"I was in this position when I was younger. I always thought my grandma had SO much money… but all she did was go to work everyday. Always made sure I had clothes and all my school supplies. I miss her pretty bad."
Keywork29
Water
"I am from a small island in the Pacific. While I mostly still take cold showers, I have always felt that a hot shower is the finest luxury one can experience. I had my first hot shower when I was 22 years old and I can never forget it."
FSMPIO
"This is the kind of luxury I think people take for granted, I always avoided showers in the winter as a kid since most of the time they where cold showers and the temperature here was around 12c° during those times."
PowerfullDio
Showerware
"Towels. Honestly, I was almost 10 When I realized people didn’t just put back on their dirty clothes after a shower because my family was so large (12 kids total including myself) and extremely poor. I thought towels were just for hotels or were maybe a prop on television. I went to a friends house and she asked for my help folding her towels. I remember laughing and thinking she must be rich."
"Long story short, I wasn’t sure which way to fold the towels, and begged my mom to buy them after I revealed that my friend, Simone, had them. She bought a box of used ones from a local auction and I walked around with them on my head feeling like a frigging empress after that, even though—-let’s be clear… these were second hand towels!"
shakezula1025
Or BK...
"Grew up poor and when I was a kid I used to think you were rich if you had a dishwasher and a millionaire if you had one of those refrigerators that have a button for ice. McDonalds was also a luxury, a couple times a year on our birthdays."
chinderellab*tch
Everyone should have access to all of these things. Why is life unfair?
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