YUP
Serious Signs
These are clues that you're probably not imagining things:
Budgets Are Cut Way Back: Travel is permitted only for people who are actively bringing in the bacon, and they fly coach. Office parties are eliminated. The coffee in the break room is generic. Bring your own mug.
Senior Managers Resign: One resignation might not mean a lot, but two or more resignations could mean that executives in the know are seeking lifeboats, according to Mike Manoske, a business development manager and recruiter for the staffing and consulting firm Yoh. "When key people leave abruptly at the same time, it's typically because they don't have a lot of confidence in the company," he says.
The Flow of Communication Changes: Things that used to come verbally now come in writing or vice versa. Or worse: You're excluded from meetings where you used to be a key player. These changes could be due to reorganization or a manager who wants to do things differently. "But when no rationale is given for the changes, it's a bad sign," Link says.
Alarm Bells
These are signs that you should have a solid "Plan B":
Budgets Are Cut to the Bone: All travel is curtailed. Bring your own coffee. And offices are downsized and moved to smaller, less-expensive digs. (Experts say this is a major warning sign.)
Divisions, Teams or Offices Are Consolidated to Eliminate Redundancies: Entire functions are outsourced or cut.
Vendors Grumble About Not Being Paid: This is likelier in smaller companies whose cash flow is more precarious. Workers in purchasing and accounting would know about this problem first.