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Wary of current situation in terms of layoffs, need some advice wrt international relocation

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Anonymous User at Taro Community2 months ago

I have been doing good at my current company, been here for 3+ years working initially as an Entry Level, then promoted after an year to a MidLevel Software Engineer. I have been receiving "Exceeds Expectations i.e. 4/5" rating since the beginning and "Superb i.e. 5/5" rating once.

I applied for international relocation to Singapore back in July. The manager and skip mentioned that while cost cutting is going on, they are making an exception for me and it should be processed completely by initial weeks of January 2023. In times of layoffs, and especially with my company's stocks not doing that good, I am afraid if it could lead to getting laid off. This is causing me a bit of anxiety.

Although it is being mentioned by leadership that no layoffs are happening, we are seeing projects getting cut off, rigorous re-orgs happening, and entire focus of the organisation is on cost saving, which I feel is great especially in current times.

I started the conversations for relocation when times were going good in terms of offers being posted in the market. The teams were thriving as well in terms of work. But by the time entire process got over, it seems the situations have changed. What should I do?

To add on, another thing I did sometime back was to share with my manager on how I am performing several roles of the next level and how it can be used to further the cause of promotion in the upcoming performance reviews. I tried to break down the career ladder doc into key umbrellas of behaviours needed, and assigned the initiatives I delivered under those. Now afraid if this was another way I shot myself in the foot by asking for more in times of cost-saving and probably being conservative. Please assist with your advice.

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Discussion

(2 comments)
  • Alex Chiou
    Robinhood, Meta, Course Hero, PayPal
    2 months ago
    1 Like
  • Rahul Pandey
    Meta, Pinterest, Kosei
    2 months ago
    1 Like
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