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if you are put on a performance Improvement plan definitely start putting together an exit strategy for yourself not every company is going to use this simply as documentation prior to letting you go but many of them do and you dont want to wait around to see what camp youre going to fall into so your radar should be up if youre put on one you want to see what are the Milestones that they set are they completely outrageous if so just go about doing your job actively job search while youre getting paid they may lay you off in which case you can collect unemployment some of them may truly want to work with you to try to get back on track thats something that youre going to have to decipher for yourself but if you are given one chances are you want to start to get your LinkedIn and resume updated