Take what u get and stay employed... Recruiters are much more open to hiring people who already have a job.... It sucks for people but that's the way the world works

Software Engineer

Hey.. in continuation of this 
 So, I was laid off and joined a company with 25% base pay cut  
 I am still looking and applying for jobs outside my work hour.  I got a call from recruiter and he asked for reasons for this much pay cut. Is it bad? Will it affect my compensation in future?

Product Manager

Repeat after me.... This too shall pass...

Investor

Are there folks on the vine who have experienced previous down cycles? Financial crisis of 0809 or the funding winter in 1617?  What would you suggest someone who has been laid off on how to naviga...

Are there folks on the vine who have experienced previous down cycles?
Financial crisis of 08-09 or the funding winter in 16-17?

What would you suggest someone who has been laid off on how to navigate career trajectories given the uncertainities ahead. Many folks would have planned their career paths but due to the change in situations all of this has gone for a toss. 

Should people settle for lower pays or lower designations? How does it impact the trajectory ahead

Other folks who have read about this or discussed this with others do pour in your thoughts

Guidance on navigating down cycles

Software Developer

Guidance on navigating down cycles- Grapevine

Someone in ur team or someone u had good relationship (work wise) with gets laid off? Do u discontinue working as hard? Does ur team velocity decrease or increase as everyone does better for survival?
Just wanna hear from folks who have gone through this and does employer not see any affect in work? (E.g. Twitter case)

With all the layoffs news, how do u cope when…

I've been sensing some uncertainty at my workplace, and it's making me think about preparing for the possibility of layoffs. 

1. How does one manage uncertainty before a layoff, and what should be the mindset?

2. What practical steps do you take financially ? Any insights on budgeting? 

3. In a job transition, how do you proactively develop skills while managing work 

I would like to hear your thoughts and advice on how to be well-prepared mentally, financially, and skill-wise for possiblity of layoffs

How to prepare for a layoff ?

Have any of you taken a career break and got back to work?
Did you see any loss? Discrimination? Difficulty?
Is it right decision to take a career break? I have no problem with savings I have it plenty. Am just worried about losing everything if there is a gap in my work timeline and if that will impact me from being hired again from say top firms or wherever? Please help.

Reality of taking a career break? Especially if you are a man where you can't easily hide under emotional duress?

Founding Engineer

Welcome to Product Managers's Private Community

I would like to discuss the coping strategies people use when suffering from prolonged unemployment.

Please share your stories as a guide for others 

I left my job in December in a pre seed startup and unable to find a new one. Got few interviews but end up being ghosted. 

I have 3 years of experience as a product manager in fintech Startups but currently no leads in pipeline 

I am distressed due to prolonged unemployment I am facing with uncertainty about the future. 

How would you recommend someone to cope with this situation

Unemployment, how to manage it?

For some context: I have about 4.5 YoE & 3 years directly in product along with Master’s level qualification. Primarily have worked with early stage start ups and have experienced similar challenges in each so avoiding this segment and red flag companies (taking Glassdoor, ambition box reviews as the basis here)
But a few people/seniors are suggesting to consider any opportunity with any kind of company as the market is bad. 

So wanted some perspective on the risk of career gap on resume vs being stuck in a similar company and going through the same job search process maybe 6 months or a year down the line? What would be a better trade off? 

P.S: Currently I am able to focus on overall up skilling and whatever is needed to clear job interviews and have decent financial security & runway. 

Any advice/perspectives are appreciated. Thanks in advance.

Affected by layoffs but being picky about next role

If you get laid-off, would you look for a new job immediately? Or take a break? Or explore for an alternate career?

Senior Software Engineer

Welcome to Business Roles's Private Community

Goin through a mid-career crisis atm.
Overall exp 18 yrs in a mnc bank drawing close to 60 laks CTC. But the growth is stymied and don’t hv visibility of what’s the Development path and how can I get there. Mulling to take a break and prioritise but have some leverage to manage and kids savings.

Wife is working atm but draws significantly lower than me so will have lifestyle challenges if I quit. 

Open to hear suggestions from folks if you’ve had similar experiences and how you managed it?

Mid-career crisis!

Senior Program Manager

Have been hunting for a job for a while. Non tech background and completed mba in 2022. Open to working in sales, marketing and no industry preference as such! 
I keep hearing news that some companies are hiring in bulk and some have hiring freeze. So is this the time to upskill into one of the trendy things or keep looking for a job ?  Advise, experiences and informs about companies hiring is most welcome!

Non tech folks, is the recession and hiring freeze here?

Business Development Manager

Welcome to Indian Startups's Private Community

I know this will sound like a very biased opinion but just sharing my 2 cents of today’s market.

The way with highest probability of success, money and ensuring a better future for your future generations is to startup.

It has the highest risk, highest reward. But in today’s landscape: where inflation is always higher than your hike, there’s no guarantee of employment even in next 1 years, the effort to remain in top 1% is humongous and many other reasons like that, really make me feel that if you’re able to start a company and even capture 0.1% of market who’s willing to pay something for your service/product, that’s all you need. Of course the struggle doesn’t end there and you have to keep working for as long as possible? But your capacity to earn and provide for generations to come is much higher than working for someone else.

All disagreement is welcome :)
Just tired of running this race for years now and still never feeling financially secure.

The guaranteed way to success (if there’s one)

It depends, founding a startup is a 24/7. For me, I need the time that 9-5 jobs provide after work for my health issues. Also my current company is doing a lot of layoffs so everyday I start with uncertainty and anxiety, but cannot quit cos I need the income. We are definitely moving backwards in growth in this corporate slavery, expensive education and inflation. In India, Our entire identities is based on our jobs as though your life is useless if you don’t have one!!

Senior Designer

Hi folks , for sometime now , I have not been very happy with my current role. I was planning to start looking for opportunities this year but seeing the layoff trends , I am skeptical, my company currently is stable and no risks of layoff as such, just that there is not much learning and growth. Please suggest if this is a good time to look out for new opportunities or stay put.

Is It a good time to switch ?

Did you talk or meet your office folks after you were laid off? 

When your coworker is laid off, is it okay to talk with them? 

Is it okay to ask for feedback and help if you are laid off? 

How did you check with your coworker after a layoff?😅

Noob here. Suggestions requested.

Noob here. Suggestions Required

FOA, to y’all securing better jobs, kudos and congrats. For those who are trying to secure a better opportunity like me, it’s kinda confusing as to how do we navigate? With the way global market has been from the past 8 months and so called experts saying it’s going to be downhill for the next couple of months, considering inflation and recession, are we professionally doomed?

How do we navigate?

Supply Chain Manager

Welcome to Software Engineers's Private Community

This is mostly for people who have spent 10+ years in the industry. I’m sure we all can agree that the hiring and salary boom that we witnessed in 2021-22 is mostly over now. Now it’s more about surviving the job market rather than printing asymmetrical amount of money

But how has it turned out for people who’ve been in the game for too long. I know some people who switched jobs too quickly and are at a higher package but still not content. At the same time, I know a few seniors who’re still in my first company and are happier than ever with the work.

I understand that in Tier-1 cities, the expense itself is more and you’re sometimes forced to switch just to stay afloat. But what would you recommend new joiners based on your experience? Does chasing money in early years help later or only focusing on skills?

Chasing money or skills? What paid off at the end?

Should alter the choice during switches. 
  
 If a switch is taken for money then next switch should be for skill or promotion and so on

I was recently laid off. I am applying for jobs. One question that has been a bother for me is on my unfortunate past short stints. 
Need help from folks on how to tackle these Q's.
I am applying for product / strategy roles.
2015 - tier 1 engg
2019 - tier 1 MBA
1.5 yrs - did my own startup...fairly successful but later failed due to covid
11 months - worked in a fairly well known fast growing startup - left coz wanted to move to a product centric startup
14 months - worked in product based big unicorn startup - got laid off
10 months - joined an early stage startup - startup failed and laid off again

What should be my interview strategy? How do I portray my story in a positive light?

How to tackle interview Q's on my short stints?

Over the past two decades I have seen lay offs manifesting in various ways but the recent trend of sudden layoffs and declining empathy is disturbing.

While the decline could have its own reasons one of the best ways to deal with such curve balls is being prepared. Have a multi-purpose toolkit. 

This could possibly be a break from a monotonous life and a welcome change to go after what matters. 
To innovate and to stop suffering or struggling. 

I’m coaching the ‘how’ of building a tool kit based on natural human talents, experience could lead you onto a new path. And maintain personal wellbeing (across 7 elements) to help professionals thrive in a post pandemic multiverse. Where purpose and winning mindset help go after your dreams. 

https://app.paperbell.com/checkout/packages/74661

Laid off, what next?

Executive Coach

At this point in time, a lot of graduates who graduated into the pandemic job market have serious pay parity between those before them and after them. 

Base pay for pandemic grads were atleast slashed by 60%, and most of us were likely we even got a job back then to gain some experience. Now with atleast 3-4 years of experience in our bag, freshers get way more than us. 

Why don't companies roll-back how they view pandemic graduates and pay them what they deserve?

Pandemic batch struggles

Copywriter

Hello grapeviners,

I was thrilled to be hired by XYZ Company during campus placements with a CTC of 8.5 LPA. However, after waiting for almost a year to get onboarded, I started my journey with them and completed three months of training. Unfortunately, due to a lack of projects and requirements, I have been put on bench and my job is at risk.

During my time at XYZ Company and through my academic journey, I have gained knowledge and skills in HTML, CSS, JavaScript, Java, JUnit, Spring, Spring Boot, Microservices, and MySQL. Despite this setback, I am more determined than ever to continue growing and learning.

As freshers, we need opportunities to prove ourselves and learn. I am actively looking for new opportunities where I can contribute, gain valuable experience, and further develop my skills as a fresher. If you know of any openings or have any advice, I would greatly appreciate your support.

Thank you for taking the time to read my post. Your help and guidance mean a lot to me during this challenging time.

Looking for Support and New Opportunities During a Challenging Time

Welcome to Office Gossip's Private Community

A popular thread here on grapevine had some amazing stories on salary hikes. This thread is for the stories of people who let go of higher pay because of some reason.

Did you ever let go off higher pay offers than your current pay? Reasons could be anything (comfortable current role, better role somewhere else, took bet on a startup, location constraints, gut feelings, felt higher pay would come with higher pressure, etc.)

How did your decision pan out? Would you say you did the right thing?

Career and salary progression

Hi,

I am a 1.5 YOE backend Dev at an mnc. I have been laid off due to a pf overlap of 1 month. As my previous employer didn't process my resignation and put my doe of jan 23 one month after i joined my current company. I had already informed my current company at the time of joining that my previous company is processing the resignation and taking time and have not filled doe yet. They agreed to it and said they have no problem. 

Now, after 1.5 years of working in the company i suddenly got called one week ago in an hr meeting to explain about this situation. i gave them the relevant documents and our mail conversation where they said they have no problem. Yesterday i got laid off on the basis that there was a one month of overlap in my pf. 

PS: I never worked for my previous employer it was an on campus placement from clg and resigned within a month. Acc to emp in current company they are laying ppl off and hence finding reasons to do so. 


I would like to have some advice from experienced folks here. Does this put somewhat of a dent in my career, hindering my future chances. Idc about getting laid off i care more about my future. Seeing the current job market is depressing and makes me anxious. I also have an option to do Ms from us but i first want to try myself out (if that makes sense) 

Thanks

Guidance on navigating down cycles

Discover More

Layoffs on

by Matilda Carmden

Plivo

With all the layoffs news, how do u cope when…

Layoffs on

by Kendall Nadeen

Rapido

How to prepare for a layoff ?

Layoffs on

by Kendall Olive

Stealth

Reality of taking a career break? Especially if you are a man where you can't easily hide under emotional duress?

Product Managers on

by Karilyn Olive

Stealth

Unemployment, how to manage it?

Layoffs on

by Anise Taye

Urban Ladder

Affected by layoffs but being picky about next role

Adulting on

by Blair Dean

Stealth

If you get laid-off, would you look for a new job immediately? Or take a break? Or explore for an alternate career?

Business Roles on

by Jordon Gabriel

Stealth

Mid-career crisis!

Business Roles on

by Kendall Carmden

Searching

Non tech folks, is the recession and hiring freeze here?

Indian Startups on

by Jordon Dean

Cred

The guaranteed way to success (if there’s one)

Layoffs on

by Matilda Carmden

Juspay

Is It a good time to switch ?

Layoffs on

by Aaron Everett

Jupiter

Noob here. Suggestions Required

Misc on

by Karilyn Carmden

Piaggio

How do we navigate?

Software Engineers on

by Kendall Lee

Cred

Chasing money or skills? What paid off at the end?

Layoffs on

by Kalan Lee

Stealth

How to tackle interview Q's on my short stints?

Layoffs on

by Karilyn Denver

Stealth

Laid off, what next?

Layoffs on

by Isaiah Hyrum

Others

Pandemic batch struggles

Referrals on

by Coy Lee

Brillio

Looking for Support and New Opportunities During a Challenging Time

Office Gossip on

by Blair Lee

Stealth

Career and salary progression

Software Engineers on

by Blair Lee

Stealth

Career Advice and anxiety