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Navigating Layoffs: A Reminder for Resilience
Navigating Layoffs: A Reminder for Resilience

February 28, 2024

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I am sure this is no new news, but top tech firms across the globe are laying off employees, and post-pandemic, more than 160000 employees are let go.

In these challenging times, facing a layoff can be daunting, but it's crucial to remember that it's not a reflection of your capabilities. Layoffs are strategic moves by organisations, prioritising their investors, customers, and the remaining team and even among top tech companies, underlining that this is a part of the corporate landscape.

I've personally witnessed former colleagues and leaders facing layoffs, and the inspiring part is how they bounced back stronger and more successful. It's a testament to their resilience and ability to turn challenges into opportunities.

5 Practical Tips for Navigating Layoffs:

  1. Stay Connected: Reach out to your network, former colleagues, and mentors. Networking can open doors to new opportunities and valuable insights.
  2. Skill Enhancement: Use this time to upskill or reskill. Identify gaps in your skill set and invest in courses or certifications.
  3. Financial Planning: Assess your financial situation and create a budget to manage expenses. Consider consulting a financial advisor to explore options for savings and investments.
  4. Positive Mindset: Maintain a positive outlook by focusing on your strengths, achievements, and potential opportunities that may arise from this change.
  5. Explore New Avenues: Consider alternative career paths or industries that align with your skills and interests. Be open to exploring new opportunities that can lead to a fulfilling career.

Facing a layoff is undoubtedly challenging, but by proactively following these practical tips, you can turn this period of transition into a stepping stone for personal and professional growth. Remember, resilience and adaptability are your greatest assets during these times.


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Kalyan Durairaj
Director, People - APAC

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