Bouncing Back After a Tech Layoff: Tips for Finding Your Next Opportunity
In 2023, Big Tech is laying off by the 10’s of Thousands.
Why Do Companies Lay Off Tech Employees?
Tech companies are known for their rapid growth and constant evolution. With this fast-paced environment comes the need for flexibility and the ability to adapt to change. Sometimes, this means that companies must make difficult decisions, including laying off employees.
There are a number of reasons why companies may choose to lay off tech employees:
- Restructuring or rebranding: Companies may go through periods of restructuring or rebranding in order to better align with their business goals and market demands. During these transitions, it is common for some positions to be eliminated.
- Downsizing: Economic downturns or shifts in the market can lead companies to reduce their workforce in order to cut costs.
- Automation: As technology advances, certain tasks and jobs may become automated, making human labor unnecessary.
- Mergers and acquisitions: When two companies merge or one company acquires another, there may be overlap in certain job functions. In these cases, it is common for one of the companies to let go of some employees.
I’ve asked Account Executives on HireAE what were they told about their termination or layoff. What employees are being advised is that during the pandemic, The Great Reshuffle, was a great opportunity to grab talent that was not available before. Many companies over-hired in fear of not being able to grab the best talent again. After the dust settled, as we are coming to the end of the 2019 pandemic here in 2023, many companies are trying to rectify their expenses as labor is one of the largest costs of any company. Companies are bleeding money right now and are cutting their losses through their labor. No worries, there is advice on how to handle this short-term job search.
How to Find New Jobs and Training in the Tech Field
Losing a job can be a stressful and overwhelming experience, especially in the tech field where competition is fierce. However, it is important to remember that there are always opportunities for those who are willing to put in the work to find them. Here are a few tips for finding new jobs and training in the tech field:
- Network: Reach out to your professional network and let them know that you are looking for new opportunities. You never know who might have a lead on a job or be able to connect you with someone who does.
- Update your resume: Make sure that your resume accurately reflects your skills and experience. Consider including any relevant side projects or personal projects to showcase your abilities.
- Get certified: Earning a certification in a specific technology or programming language can make you a more competitive candidate for certain jobs.
- Check out job boards: There are many online job boards and career websites that list tech jobs, including, HireAE.com. We are a tech job marketplace that focuses on sales professionals in tech. Make sure to regularly check these sites and apply to any jobs that match your skills and experience.
- Consider training programs: There are a number of training programs and bootcamps that can help you acquire new skills and make you more attractive to potential employers. One such program is HireAE, which offers a range of courses and job placement assistance for tech professionals.
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In conclusion, while being laid off can be a challenging experience, it is also an opportunity to reassess your career goals and explore new paths. By networking, updating your resume, getting certified, and exploring training and job search resources, you can find new opportunities in the tech field.
Travis C. Patterson is an Amazon best-selling author and the tech founder of HireAE, a company dedicated to helping job seekers find their dream careers. With a wealth of experience in the tech industry and a passion for helping others succeed, Travis is a valuable resource for anyone looking to improve their job search process. To learn more about HireAE and get access to valuable tips, classes, and job opportunities, visit the HireAE.com today.
