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Scared of layoffs? Experts suggest working on your resume, not losing hope

Updated On: 19 February, 2023 02:32 PM IST | Nascimento Pinto

Layoffs are tough on everybody and dealing with the uncertainty around them can be difficult, especially for older people. Experts share tips on how to navigate them not only by thinking about savings but also as a fresh start

As many as 104 tech companies laid off 26,000 employees in the first few weeks in January, according to layoff.fyi. Image for representational purpose only. Photo Courtesy: istock

The Covid-19 pandemic set off the layoff trend but it’s been three years and there still seems to be no respite. Even as every industry started to pick up little by little over time, the last year hasn’t been kind to many people across industries. Amid the IT boom, employees from the tech industry seem to be dealing with the uncertainty of mass layoffs around the world.

According to layoff.fyi, a layoff tracking website, as many as 104 tech companies laid off 26,000 employees in the first few weeks in January. The number has only been on the rise since then and doesn’t seem like it will slow down any time soon.

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