We are entering the time in my industry where things like bonuses, raises, promotions and layoffs happen.
I come by my wariness of this period of time naturally. My layoff happened at the end of January. My "reassignment" happened at the end of February. Once upon a time, I looked at these times with an especial sort of hope. Now, I hold my breath and hope for the best.
The timing of all of this has changed over the years, at least in my industry. When I started in the long ago, all of this happened before the end of the year with the mad dash to turn in assessments and get reviews completely by 31 December. Somewhere along the line this changed - probably for the best, given what passes for the end of the year rush at this point - and while the reviews continued to have to be done by the end of the year, the actual decisions and announcements were pushed into the next year.
At some point, one gives up the idea that magical things happen during these cycles given that, at this time in the career cycle, such significant changes are few and far between and at some point become fewer and farther between (in my own experience, the years between 2017 and 2019 were an aberration of an otherwise staid career of cost of living raises and occasional promotions). One quietly waits for the conversation to occur, the review to happen (certainly my reviews now with my manager are pleasant affairs and there are no surprises), the financing to be expressed, and then we go on with our lives.
Except this year I am experiencing a sort of wariness. It is industry-wide of course - one reads more and more these days of smaller biotech and pharmaceutical companies laying off employees, but now it seems to be extending to larger companies as well. It is not a surprise, or not really: given the state of the Post-Plague economy, small companies are having a terrible time launching Initial Purchase Offers and larger companies are trimming down assets which are not performing or appear to have no future as an asset class (not just individual products).
Can I project manage in other industries? In theory, yes - the practice of project management is in theory industry agnostic. At the same time, there are nuances that feed into any industry: I am more likely to be a better performer in a biopharmaceutical company than, say, an IT company simply because I understand the process and know the "language".
But I would be lying if I said I was not approaching this week with a bit of trepidation. Perhaps not "Something Wicked This Way Comes", but "Something A Little Disconcerting Meanders In".