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To me, the number one sign is the deterioration of HR policies. Beyond late salaries, when they begin doing away with flexible work environment, like variable hours, and try imposing things and micromanaging, effectively treating knowledge workers like shop floor laborers (there isn't anything wrong being a shop floor laborer, I am just providing a reference), it is a sign of what is imminent.

I used to work at a place, a 10 year old established medium sized company, that was hit so hard by recession of 2009 that it disintegrated. The HR thing I mentioned is the period I can trace back to to say when it was the beginning of the end.




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