Learnings from 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.

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)

Having recently been laid off, these last 2 months was a life changing experience and it taught me a lot of things than any degree or organisation ever did. Some pointers: 1. The people who make the decisions never get punished or are held responsible, its the folks like us who are the first to be pushed out of the door. 2. Its shocking to see the layoffs like firesale, affecting almost each and every company in the IT sector. But it makes you think, did some companies really need to layoff people or did they just do it to inflate their share price and Mcap. The upper management and LT are paid in crores to make the decisions and how could they unanimously fail in such a critical part of business planning. 3. Its all about profits. There's no humanity in any of these companies or rather the folks making the decisions and it doesn't matter if you have been with them for 2 years or 20. If I was responsible for 100 people under me and some of them lost jobs because of the decision I made, I would have stepped down myself and wouldn't be able to sleep at night knowing I uprooted the dreams and hopes of not just employees but their families as well, many of whom are sole bread earners of the family. 4. Treat your employer just as you would treat any brand outside when you go out to shop - treat it like a transaction and nothing else. This layoff also taught me to never compromise about your career and position within an organisation. If the organisation can layoff so many people without a second thought, there's nothing holding you back from joining the next organisation who is offering a better role/compensation. 5. Be a risk taker. Thankfully I have always been this and this helped me rise quickly in my 6 year career but it's my suggestion to everyone and not just folks affected by layoffs - Never get comfortable in any organisation or any role. Would love to hear what others think or went through during this difficult period.

Don’t fkng give your life to the company!!

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

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

From October , layoffs have increased quite a bit. At least that's what I have been noticing. Personally, I have also been affected and looking for job opportunities since this month. Do you think number of layoffs have increased or flattened?