Advice, tips if you’re laid off from job searching to your resume

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More than 4 months into 2024 and corporations are nonetheless slicing prices, with Tesla, Amazon and Apple being the most recent huge firm to lower jobs. The close to future may deliver extra.

Many employers are nonetheless downsizing due to overly optimistic projections, customers’ altering habits, technological advances comparable to generative synthetic intelligence, and macroeconomic pressures. Whether your job has been lower otherwise you fear you could possibly see a layoff quickly, there are a number of issues you are able to do to get a head begin on your subsequent steps. Job consultants recommend that it’s by no means a foul thought to be ready.

“These layoffs are being driven by a return of pre-pandemic employment levels,” stated Brett House, professor within the economics division at Columbia Business School.

When it comes to layoffs, most are hitting the tech and monetary sectors, House stated, with main employers comparable to Microsoft, Salesforce, Google and Meta slashing 1000’s of jobs throughout the previous yr. Tesla joined the group this week, saying plans to lower greater than 10% of its international workforce. Earlier this month, Amazon stated it’s laying off tons of of workers who work on its bodily shops know-how and gross sales and advertising groups in its cloud computing division. And for the primary time because the pandemic, Apple is making its first huge lower, laying off greater than 600 employees in California.

The announcement comes after a slew of layoffs initially of the yr. Companies together with Google, Amazon, Walmart, Morgan Stanley, Disney, Wall Street large BlackRock and San Francisco-based gaming firm decreased headcount throughout the first a number of weeks of the yr.

Overall, the labor market is powerful, and hiring has continued regardless of the cuts, House stated. Layoffs will in all probability proceed as firms regulate, however barring a significant occasion, comparable to a recession, House expects the large cuts to die down later this yr.

For employees dealing with a possible layoff or for individuals who have already got been lower, the stress of job searching could be overwhelming. Help Desk can help you in navigating the method, comparable to by informing you of what to do earlier than returning your work units, serving to you put together for an AI interview, and providing finest practices for getting seen by your subsequent employer.

We’ve put collectively a set of sources you possibly can click on by way of under. And tell us what questions you continue to have. Drop me a line at danielle.abril@washpost.com.

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  • Read our layoff survival information to get step-by-step recommendation on what to do earlier than, throughout and after you’re let go.
  • Before you permit your job, take some steps to safe your knowledge earlier than returning your work units.
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  • Learn how to management the narrative on what potential future employers can uncover about you.
  • If you’ve used your company-issued cellphone for private in addition to skilled functions, leaving your cellphone quantity behind might trigger some complications. Here’s how to navigate.



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