Senior Appointments Consultant Laura Buck provides valuable insights and encouragement for tech professionals navigating the job market after being laid off.
Have you been laid off? You’re not alone…
The world of technology has been tumultuous recently, to say the least. A boom in both hiring and subsequent layoffs, partnered with a lack of funding, has affected the market on an immeasurable scale. Our Senior Appointments & Product Specialist, Laura Buck, provides some valuable insights and encouragements for those getting back out there.
It sucks, but you’re not alone
There are several factors contributing to tech layoffs; the economy, inflation, higher interest rates, over hiring and the pandemic. According to industry tracker Layoffs.fyi, “99,672 people have been laid off from 344 tech companies in 2024 alone.”
Experiencing redundancy can be challenging but presents an opportunity to reassess career goals. It’s critical to maintain optimism and perseverance. Rejections are part of the process but shouldn’t discourage continued effort.
Honing your strategy
- Update LinkedIn profile and CV with recent accomplishments and quantifiable results
- Identify core tech skills and interests aligned with your passions
- Acquire new skills through courses in cloud computing, cybersecurity, data science, or software development
- Leverage your network and work with recruiters to find opportunities
- Attend industry events, webinars, hackathons, and professional meetups
Keep your head up
A proactive approach can transform this period into a stepping stone toward a more fulfilling career. Redundancy offers a chance to reassess direction and is often unrelated to talent or ability.
For assistance, contact Laura Buck or visit the Jobs Page.