People who have been laid off, how severely are you getting undercut from a new company

If you got a new offer, describe your new company, let's say matching the previous offer or more than previous salary by x%. Tell us role , location details etc.,

Hiring for a bunch of roles for an early stage startup. Salaries of people who have been laid off is through the roof 2-3 years experience asking for 30-40l and while we chose not to judge the experience and spoke to a few of them, most of them are not even worth half of the pay. Many are jobless since last 2-3 months and none of them are willing to take a paycut of even 5-6L and are willing to stay jobless ( probably have a ton of savings ) Market correction is necessary. Roles : PM, software engineers, generalists

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.

Except my name and designation

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 feel a lot of insecurity about what if I lost my job. I work in Analytics & data science in a well known Indian Bank. Overall WOE is 8 yrs with 6 yrs in Analytics Tier 1 Engg+MBA. I would say after MBA i lost my way and hence behind my peers in career growth. This is mostly due to unsatisfactory work in the beginning leading to switches based on emotions and impulse, not patience. Though my current job is stable and its been about 2.5 years in this role, it’s a bit stressful and honestly I don’t like the constant firefighting mode that we are in. I constantly put in 10-11 hrs on a daily basis with occasional work on weekends. This includes almost 3 hrs of meetings everyday, where a lot of redundant work requests come in and almost everytime they have to be delivered in next 1-2 days. Quality of work is not so great. I tried applying but not getting decent calls. Only startups and Indian cos with high turnover reply to my applications. They too aren’t ready to discuss a decent hike. I am really insecure about what will happen if I quit / laid off. I have gone through layoffs earlier in my career and believe me it’s a terrible experience, eats up all your savings. I tI tried a few sidegigs to build passive income source such as building a YouTube channel on travel, or a travel advisory app but couldn’t move much. App didn’t happen and YT channel didn’t get off after few months of hard work. I currently am very demotivated and feel that i have not been able to grow in my career. Salary posts on grapevine add a lot more to my demotivation. Current CTC is 27.

I'm a Software Engineer (Golang Developer) with 2+ YOE. my CTC is 10 LPA. 8L fixed + 2L performance bonus. am I being underpaid? considering the current market situation, I'm afraid to make a switch. what if another organisation does a layoff? PS: I also want to know which companies hires go developers in Delhi NCR only.

I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way? If it's really bad, which department you think is the most affected? How's layoffs specifically in India? Or is it layoffs in US but more hiring in India due to cost cutting? Are layoffs in technology/engineering dept as in for developers or some other departments? Your thoughts please..

Loosing respect for the companies which are laying off the freshers. I thing it is the worst thing which can happen in an industry. Ola and Amazon have fired freshers very recently. Any other companies which had done this?