Will Companies Be Concerned With Security on Job Cuts?

I don’t know if all companies are very concerned with their secrets being in jeopardy because of terminating employees. Maybe it depends on what position an employee holds in a company.  If an  employee holds some vital information, well the company’s secrets might be jeopardized. It will also depend how harsh the management executes their laying off of employees. Making a wrong decision is a surefire way of harboring grudge and bitter experience of the employee.

I myself have very bad experience regarding this. It happened in a previous company I worked with, a semiconductor bonding tools manufacturer. After the management announced who were going to be retrenched, my ex-manager, who also handles the IT department disabled my access to my company email (Lotus Notes). I can’t logged in to the Windows NT 4.0 network (Yes, they still use Windows NT 4.0 and it’s a multinational company, believe it or not) eventhough I still have one month until the date of effectivity. I didn’t have a chance to say goodbye to my other correspondents to other sites. Maybe they did the right thing. But I’m sure there are other more humane strategies of executing it. Anyway it turns out as blessing in disguise to me. No more wicked boss. No pain no gain! I wouldn’t realize that I can stand on my own if that thing did not happen.

I read post in Orlando Business Journal about the survey of employees if they soon face a layoff.

Among the survey’s findings:

  • More than half the workers surveyed who admitted to already downloading competitive corporate data said they would use it as a negotiating tool to secure their next post because they know the information will be useful to future employers.
  • Top-of-list of desirable information being extracted from employers is customer and contact databases. Plans and proposals, product information, and access and password codes are also popular choices.
  • HR records and legal documents were the least favored data employees were interested in taking.
  • Sixty-two percent of workers admitted it was easy to sneak company information out of the office.