Matt Truty

January 20, 2025

Job security in large companies isn’t as secure as it may seem

Like the author of the article, I am not here to say you shouldn’t work a 9-5 job. In fact, for many people, it provides stability, benefits, and a clear structure that works well with their lifestyle. The point, however, is to recognize that even in a 9-5 job, especially in a large corporation, job security is never guaranteed. Take proactive steps to safeguard your career, whether that’s through continuous skill development, networking, side business, other assets, or exploring alternative career paths.

Here are a few reasons why I think job security in a bigger company is not as secure as it feels:

The Constant Re-Org: Larger companies often undergo frequent restructuring or downsizing, particularly during financial challenges or when new strategies are being implemented. These changes can result in departments or roles being eliminated or reorganized, sometimes unexpectedly.

Priorities Shift Like the Wind: As these companies adjust their business strategies or priorities on the regular, your role might change or even disappear. What once seemed like a secure job can quickly become obsolete if the company shifts focus, particularly when new priorities or innovations take precedence over existing roles.

Performance Metrics and External Pressures: Stock prices and investor expectations can significantly impact your job security. In companies that prioritize revenue and profits at all costs, there’s often pressure to meet financial goals quickly. Your job can be affected by these external pressures, even if you’re performing well. Performance reviews and metrics can be used to justify layoffs or restructuring if the company isn’t hitting its targets.

You're Just a Number: In large organizations, it’s easy to feel like just another number. This is especially true in companies where decisions are often driven by financial metrics rather than individual contributions. Building strong relationships with leadership can be difficult, and without those connections, job security can feel especially uncertain during times of change.

Short-Term Focus: Companies with financial targets tend to focus on short-term financial results, often prioritizing quarterly profits or shareholder returns over long-term employee stability. This can lead to cost-cutting measures, including layoffs, to meet short-term goals, even if it jeopardizes long-term job security.

Outsourcing: To improve profitability, private equity firms and public companies often outsource jobs to cut costs. This is particularly common in IT, customer support, and manufacturing roles.

My advice: Stay realistic and always be ready. To better protect your future, consider diversifying your income. Own something, whether it’s property or a side business, or even consider joining a smaller company where you might have more control and personal connection.

About Matt Truty

I'm a hands-on tech leader who really enjoys building with software. I have experience in growing engineering teams, developing leaders, creating scalable software, and designing workflows that engineers enjoy and delivers real value.

Let's connect! https://www.linkedin.com/in/mtruty/