Good thread to answer finance part  
  
 How many months of runway can your savings support in case of an adverse event? 
 https://share.gvine.app/kXA9QthqdVcMkSFLA

Software Developer

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...

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 ?

How to prepare for a layoff ?- Grapevine

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

People who have experienced layoffs, what would you do differently if faced with another layoff now?

Consultant

Welcome to Business Roles's Private Community

I recently changed my job, 3-4 months back.
It was a hard time finding a good job profile with good offer, after almost a year of searching amd giving interviews i found my current job. Luckily, my interviews were very good and i was offered more than what i had asked.
After joining team, i realized that they are looking to prepare for some regulatory changes and my role was pivotal in that. I kind of got to work and contribute on my own and my manager and his boss liked me. I was getting set but then last week, company announced some changes in top leadership and my manager's boss got a new boss. Now this guy seems little tricky and i don't know what all changes he would bring. As of now he seems to be sure of expanding the team/work that i do (related to regulatory stuff).

Now, these changes has got me a bit nervous. And i am kind a bit afraid about my job and its future. This is causing me stress. Any ideas or thoughts that can help me navigate.

How to handle changes, stress and fear of getting fired

Equity Research

Welcome to Product Managers's Private Community

With talks of PMs not being required last year, to crazy layoffs scene and PM hiring being the indicator of industry hiring scene, how do you folks deal with the anxiety? With PM hiring being skewed towards supply side, do you think about contingency plans in case you are fired?
Too much anxiety being a PM with 5 years experience and salary being the only income source.

PMs, how do you make yourself layoff proof?

Product Manager

It has been 25 days since I got laid off from the startup that I was working for. I have given a few interviews. Got rejected in 1st or 2nd rounds in a few, went till the last round n rejected in a couple and haven't heard back from the HR in a few. Not hearing back, unanswered calls, delays in rounds etc. cause a lot of anxiety and impacts my confidence and preparation levels. How do I tackle it? 
Also, unable to find fresh openings in product/ strategy roles for past few days. This also adds to pressure and uncertainty.

In short, it is a very troubling phase. How do I deal with it? Need enormous help from all of you folks. Would love to hear some great thoughts / insights / hacks too.

Laid off and preparing for interviews

Welcome to Indian Startups's Private Community

I work in a slowing industry (Ed-Tech!) in a generalist role (Project Management!) for half a decade now! You'd think I would be better positioned to deal with life! Heck, NO! 

This crippling feeling of insecurity or job loss always puts an extra stress on day to day life. I couldn't take any risks in terms of a house or a car or a big EMI purchase in life! 

What if I get laid off? Will this generalist role help in landing anything next? Do I need an MBA for that? Switching to any specialized roles will take extensive preparation with time being in short supply with family and kids! 

Seem to have been strangled in the startup world. Any cure for this?

P.S : Sometimes thinking : Mommy sahi bolti thi. Govt job le leni chahiye thi. :D

How to get rid of layoff fear and feel secure?

Project Manager

Welcome to Software Engineers's Private Community

so with recent layoff season what are some things you would recommend  anyone to look for in a company to stay safe ?
feel free to add any hypothesis as well if you got any .

Things to lookout for in a company.

Data engineer

Please tell me if there is any survival kit to survive the layoff. I am a Product Manager and have been laid off yesterday. Since then I have been panicking and feeling anxiety all the time. I am trying to be calm and handle this with all my patience but I am failing into this. I feel lost, confused, and shattered. Even breathing feels like a task right now. I can sense my heart rate going fast. 

Is it normal to feel this way?

Survival Kit After Layoff

1. Visit crematorium one day and you will realise all this is bullshit 
  
 2. Spend some time going to slum area and you will understand people can be happy in 10k earning also 
  
 3. Visit stores operated by handicapped and you will understand how much lucky you are

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…

Software Engineer

Welcome to Office Gossip's Private Community

People what are your suggestions to avoid layoffs.

#1 Write UnDocumented and Unmaintainable codes!

LifeHacks to avoid Layoffs!

Lead Data Scientist

Just got to know I was laid off, any personal stories or experiences you folks would like to share, 
- what helped you to find the next job
- how to mentally get over it it etc,

Thanks!

Things to do after getting laid off

So sorry to hear this @Yamprofessional! I’ve seen you on grapevine for some time and you’ve been so great! It felt like a friend got laid off :(  
  
 Please let me know if anything I can do to help! :/

Founder

Product Designer

Hi folks,

I got laid off today from a YC-backed startup (W23) citing a shift in product focus. Was part of the core team since Oct '21, initially as an intern then later converted to FTE in '22. Got a decent (30%+) increment this year. I was leading the mobile platform but currently, I'm on a notice period. CTO is supportive and helping me via their network.

I'm a recent graduate and this is my first time experiencing a layoff. What should I do now? What things should I keep in mind looking for the next opportunity? 

Also, if you are hiring and looking for a full-stack engineer, do reach out via https://t.me/GrimBeard75

Got laid-off from a YC backed startup

Product Engineer

I've been working as a React developer for almost 3 years (2 years, 9 months) plus had a 3-month internship. I'm looking to make a career move to a company that offers better mentorship and growth opportunities, but my current job requires a 3-month notice period before leaving. 

I'm struggling with a few aspects of navigating this job change given the long notice period:

1) Finding Companies Open to Waiting
How do I identify companies that would be willing to wait the full 3 months for me to start after giving notice? When and how should I bring up the notice period requirements during the application/interview process?

2) Getting Referrals
My professional network is somewhat limited. What are the best ways to try securing internal referrals to companies I'm interested in, which could help increase flexibility around waiting for my start date?

3) Preparing for Interviews  
Besides the standard technical preparation, what is the best way to practice for and respond to questions about my reasons for leaving my current role after such a long tenure? How can I reassure them I'm committed despite the extended notice period?

4) Evaluating Offers
If a company is unwilling to wait the full 3 months, is it worth trying to negotiate a shorter notice period or looking at temporary/contracting roles until I can start full-time? How do I evaluate whether the role is worth that hassle?

I want to be as prepared as possible for this transition, so any advice or suggestions from folks who have gone through a job change with a long notice period would be greatly appreciated! Let me know what you think or if you have any other tips.

How Can I Successfully Change Jobs With a 3-Month Notice Period?

How can we be layoff proof even companies like Citi , Barclays , google are firing people

Layoff proof

Data Scientist

Have recently started noticing a bunch of times that my manager leaves me out of meetings where key decisions are taken, related to the work that I only have done. 

I get to know this because I stalk their Google Calendar. It’s just weird. I’m not insecure or anything, I’ve been mostly rated well. It’s just odd. 

This just didn’t happen before and lately has started.
Anyone faced this and knows how to address it?

My manager is leaving me out of key meetings

From my last poll, good amount  ppl were in senior management, who might have faced this once in their life and ended up in one of the following situation, I might get promoted to a leadership role,  God forbid If I end up in this situation how do I handle.

Few cases I want to outline
1. Company messed up and I am just the messenger
2. I messed up and I want to save my own skin, I would rather own and resign but you never know, depending on situations ppl throw others under the bus.
3. The employee messed up big time and there is no turning around the things.
4. All good but there is no growth for the employee to grow further and have to inform, this place might not provide you the runway, to grow further start looking out.

Point 2, I don't think I will end up doing it, but can't comment office politics might influence me as I scale up in my role and I might end up doing things which are not aligned to my ethics and principles

Layoff

Computer Operator

What's your opinion on the recent layoffs and 1 idea that can prevent layoffs in recent conditions.

What should be diff. - Layoffs

I was laid off last year, the CTC was reasonably high there (110k USD base, not practical in India ik... Maybe that's why they had to cut us off). That of course was quite a down time but I was happy that I had a lot of side projects in hand, and was up to date with the tech stack. It's something I learned, "A company is a company, nothing less or more than that.

Curious to know, what are your lessons from these times? That one thing you wish you told/reminded yourself before these lay offs?

To me, it would be:

1. Stay humble. Your salary or your company shouldn't define your attitude.
2. Keep learning. Find time for your personal growth.
3. Stay active in the community, be aware of what's happening. Be it good or bad, it can come to you as well.
4. Save while you can! Savings have helped me a lot.

P.S: I mentioned my base pay from prev salary not to boast about it, there is nothing to boast about tbh
... It's just to mention more context.

Lessons from the layoffs?

Welcome to Data Scientists's Private Community

I am an ML engineer working in a startup.

My current situation is horrible,I am constantly stressed about getting laid-off(My performance is good,I got promoted a month ago). I came to know that my company will probably lay people off this month,since they are unable to meet targets.

Now,I got rejected in four interviews.
There is a lot to learn and revise.
Stats and probability.
Machine learning algos.
Deep learning architectures(got rejected because I was unable to explain the architecture of a complex model in detail).
DSA(got rejected twice in this round).
SQL (got rejected once since I was unable to solve the SQL problem).
ML ops(some recruiters ask this as well).

With the added pressure of getting laid off,my whole life is turned upside down.I am unable to focus.
Every meeting or discussion I attend I feel like people are evaluating me.( This was not the case before).
I don't know what to do.
It would really help,if you guys share your interview experiences below.

How to prepare for a layoff ?

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