LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Amid mass layoffs, it’s best to take a new approach to job searches, expert says

Tom Robbins by Tom Robbins
February 26, 2024
in Investing
Amid mass layoffs, it’s best to take a new approach to job searches, expert says
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Westend61 | Westend61 | Getty Images

As thousands of layoffs make headlines, experts say there is a silver lining — a resilient job market.

But to find your next position faster as companies cut costs, you may have to take a new approach.

In January, companies cut a record 82,307 positions, the highest number of job cuts announced since January 2009, according to Challenger, Gray and Christmas, an outplacement and business and executive coaching firm.

The top sectors impacted by those job losses were finance and technology and have impacted big company names like Citigroup, Google and Amazon.

The fresh wave of technology layoffs has prompted Holly Lee, a career coach and former recruiting leader for Amazon, to reposition her approach with clients.

“Now I have basically transitioned my entire model into coaching people to calm down,” Lee said.

“I work really hard in building their confidence,” she said.

To successfully land a new position faster, it helps to adapt, Lee said.

Don’t fixate on one kind of role

For workers with years of experience at a big tech name, their goal is often to find another similar position.

“Don’t just be stuck in, ‘I want to work for a big tech company,’ and that’s it,” Lee said.

With that mindset, you run the risk of ignoring opportunities with other companies that are hiring.

More from Personal Finance:
Here are some ways to maximize your financial aid for college
With mortgage rates high, renting is less expensive than buying
Here’s how to avoid unexpected fees with payment apps

“There’s a ton of startups preparing to go IPO or pre-IPO companies that are still trying to build talent,” Lee said.

Job search tools can help amplify your search, according to Scott Dobroski, career trends expert at Indeed.

By updating your profile on job search sites with your skills, experience and the positions you are seeking, you may find roles you would not have otherwise considered. For example, bank tellers may find their skill set also makes them suitable for sales executive positions.

“We’ve seen some people get jobs quicker and earn salaries of upwards of $30,000, $35,000 or more because they’re finding a job that way,” Dobroski said.

Bring your authentic self

Having the right social networking skills can make a big difference in finding work faster, according to Lee.

For some people, that means shaking off their naturally introverted tendencies to become more extroverted.

“Now’s the time to bring more of your authentic self,” Lee said.

It helps to perfect your sales pitch for when you do land an interview or get face time in front of a prospective employer, according to Vicki Salemi, career expert at Monster.

Look at your recent performance reviews to help highlight achievements and skills you want to boast about, Salemi said. Be sure to note transferrable skills, like having the ability to lead with empathy, handle deadline-driven work or operate under a company’s budget.

Be persistent

When unemployed, it can be easy to sit back and wait for prospective employers to reach out. But those who are most successful in their job search are the most proactive, Lee said.

If you’re not finding luck in your search, don’t be afraid to try a new approach, she said.

“You can’t sit back and expect changes by doing the exact same thing that hasn’t worked,” Lee said.



Source link

You might also like

Wednesday’s big stock stories: What’s likely to move the market in the next trading session

Deutsche Bank says the ‘honeymoon is over’ for AI

The ‘trap doors’ to watch in the S&P 500 and Nasdaq as trade pressure mounts, according to the charts

Share30Tweet19
Previous Post

Tesla Model 3 Ludicrous spotted being filmed for promo

Next Post

Highmark Health says it’s combining tech from Google and Epic to give doctors easier access to information

Tom Robbins

Tom Robbins

Recommended For You

Wednesday’s big stock stories: What’s likely to move the market in the next trading session
Investing

Wednesday’s big stock stories: What’s likely to move the market in the next trading session

January 20, 2026
Deutsche Bank says the ‘honeymoon is over’ for AI
Investing

Deutsche Bank says the ‘honeymoon is over’ for AI

January 20, 2026
The ‘trap doors’ to watch in the S&P 500 and Nasdaq as trade pressure mounts, according to the charts
Investing

The ‘trap doors’ to watch in the S&P 500 and Nasdaq as trade pressure mounts, according to the charts

January 20, 2026
Where investors can find some reliable income as most U.S. assets see big selling pressure
Investing

Where investors can find some reliable income as most U.S. assets see big selling pressure

January 20, 2026
Next Post
Highmark Health says it’s combining tech from Google and Epic to give doctors easier access to information

Highmark Health says it's combining tech from Google and Epic to give doctors easier access to information

Related News

What is Slate? A stealthy new American EV automaker promises to be a ‘game-changer’

What is Slate? A stealthy new American EV automaker promises to be a ‘game-changer’

March 28, 2025
Planet Fitness management unfazed by Tennessee’s click-and-cancel law, say Stifel analysts in bullish note

Planet Fitness management unfazed by Tennessee’s click-and-cancel law, say Stifel analysts in bullish note

June 14, 2023
Barratt sees signs of a recovery in homebuyer demand, but reservations remain down

Barratt sees signs of a recovery in homebuyer demand, but reservations remain down

February 8, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?