How do we navigate?

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

I see jobs being there, but even the entry level jobs are requiring experience. I saw a associate level job posting on linkedin for a startup asking for 4-6 years experience. This is in line with the recent article at The KEN. Are people really ready to work for low salary for high skills? What does this mean for the freshers, job switchers/career switchers? Are we all doomed for now? What's your take on the market?

Given what RBI has gone today is effectively shut down 60-70% of Paytm’s business, to survive, Paytm will end up doing mass layoffs of a scale that we haven’t seen before in India. And potentially with limited severance (not as generous as what swiggy or Big tech has been doing) What would this mean for the rest of job market? So much unemployment in high earning folks, limited new jobs, means very tough competition for each opening and extremely bad situation in terms of appraisals and hikes too.

Recently, I've been observing a concerning trend that I haven't observed before in my 5 years in this industry. A large no. of job openings are coming up at mid-sized companies and startups that require 5+ years of experience but pay 7-12 LPA. One of these companies even used to pay a decent more when I'd applied to it a few years before Does anyone have insights on the root causes behind this trend and how it will shape up the job market going forward? My hypotheses on root causes:- (1) Bad job market (2) Advent of AI

How is the market currently? Is it a good time to switch and apply?

Talked to the son of my Dad's friend recently. Brilliant kid has a good GPA from IIIT-H + 2 research internships and 1 summer internship at good companies. He still can't find a "good" company to get into. (Side Note: "good" implies a high paying job relative to last couple of years) Apparently, most of his friends in other colleges are in the same boat. Massive pay correction has happened. The undergoing rationale is that companies hired Class of 2022 with no restraint because the demand was really strong during their placement season in 2021. This appears to be directly correlated with quantitative easing in the US and a low interest rate environment that was conducive to fundraising for several Series A+ startups. By the time Class of 2022 entered the market, everything changed and they felt some short term change. However, Class of 2023 is having a much tougher time. They are shoved into the job market in a time where demand is low and they are competing with kids who graduated last year. Ongoing consensus appears to be that a huge chunk of their batchmates are going to get their Masters abroad. Their hope is that by the time they graduate out of grad school, the economy will pick up and demand will be strong while they're poised to take advantage of that with bump up credentials. Unfortunately, this also implies that many of them will end up in the CPT-OPT-H1B-Green Card hell. This is really a tough spot to be in.

Hey Viners, how do we tackle Monotony in an Ops role where we have to do the same thing again and again and there is no real work and growth . I feel kinda numb by it and creativity takes a hit . How do we tackle the depression arising from a very boring and montonous work ? Please advise, Job market down so finding other job openings became very hard !! How do we escape from this Mind Numbing Ops work and transition to something better like Engineering, Analytics etc.

Have an M.Des from one of the IITs. This is going to be my first switch. Is having a WITCH org going to screw my chances of getting into a product based org. If yes, how can I work on this?

What do you guys think is the reason behind the job market being at its lowest level since past 6-7 months ? (P.s- i made a horrible mistake by joining a cpa outsourcing startup , I'm not been assigned any client for the past one year also they have not given me any kind of training. I'M FUCKING TRAPPED !!)