Massive Layoff in IT Many IT Employees have been Stacked #Amazon, #Alphabet #Google, #Meta #Microsoft #Spotify
Massive Layoff in IT
Many IT Employees have been Stacked
With Massive Layoff where tentatively 2 Lakh IT Employees have been Stacked in just 3 Months
Big names like Google, Microsoft, Facebook and Amazon leading the trend
This phenomenon is really creating unrest and anxiety among many others as ripple effect ! But it is something unavoidable balancing act by founders and management who have their own rational for keeping the bottom line in green
But how as a employee we could skip this or be prepared for this worst situation
1) Emergency fund : we need to have minimum 12 months of expenses as saving as this will provide us cushion to absorb our anxiety in short run and could give space for clear thought process
2) Upgrading ourselves: Upgrading the learning curve should not go into normal procrastination , it should always be in our priority list
3) Understand your strength: Understanding our strength well as well building on it is the biggest tool against the worst happening, this is the sword which will help us to establish as a warrior in our field as well as come over strongly from the bad phase like Layoff
At the end we could not avoid it just face as such situations pop us to make us even stronger
"A Woman of Substance"
A Mother, a Banker and Impact Creator in Making
A Banker who striving to create mammoth Impact in Lending Space !
@Amazon, @Alphabet, @Google, @Microsoft @Spotify