Are you fearful that you may lose your job in light of all of the layoffs from major corporations lately?

Are you fearful that you may lose your job in light of all of the layoffs from major corporations lately? If so, do you think that you will get a job quickly given this is the tightest candidate market in 30 years?

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21 Comments

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  1. Anonymous

    I'm not fearful at all. Perhaps it's my faith that keeps me fueled and hopeful that "what's for me will not pass me by."

    Plus, everything in life is temporary, so we shouldn't put so much emphasis on our job/careers defining our value. I know it might sound crazy to folks but I also believe the job market is still filled with A LOT of open jobs. So, if you change your perspective, I believe "yes" you can still get a job quickly. It may not be a complete fit of what you want but it's a starting point and hopefully, better than where you were before.

    Folks have just got adjust their mindset about it all and be a bit more willing / flexible about what's available right now. Again, we won't be in layoff season forever; it's temporary, and some point, we'll be back in this season again.

    We're way more resilient than we think and in times of chaos/uncertainty, it's the BEST time to be innovative, take bigger risks and just go for it.

  2. Anonymous

    Am I fearful I may lose my job? I don't know that I am. That said, if I lost my job, I am quite afraid it may take a while for me to land a new job. I found myself without a job beginning of January 2022. It took me until April to land where I am now. I can't tell you how many jobs I applied to, the number of interviews, etc. I wavered between not being stressed about it to totally freaking out about it.

  3. Anonymous

    I am fearful as I am over 50. I hear it is hard out there if you are over 50. Networking is not as easy as some of the people I knew retired and connecting with people I don't know through LinkedIn does not come natural to me.

  4. Ashley D

    Some resume writers suggest only including last ten years of employment, and not including years of graduation on education to combat the ageism issue

  5. Anonymous

    My situation is different. I am now retired and, at the same time, finishing up my Doctorate in Human Services (DHS) degree. I am targeting my project to complete in time to graduate in August/September. I mainly retired to have the time to work on the project, as I didn't have the cycles to work full time and spend another 10-20 hours a week on the project. I am already putting out feelers, as I intend to do consulting with non-profit companies doing program evaluations to supplement my retirement income.

    It's never too late to learn something new until they scatter your ashes.

  6. Danny Lane

    Yes it is a problem

  7. Anonymous

    Thankfully I am not terribly worried about my job as it's necessary to the company I work at. But if the worst happened? I would be terrified. Not only have I been at this job for over 15 years, I also have oddball degrees, am "overeducated" for the jobs I could apply for, and have a hearing disability. The chances of my getting hired feel astronomically low.

  8. Anonymous

    No not worried as I'm still receiving unsolicited offers while working full-time.

  9. Alka Chopra

    Good for you

  10. Anonymous

    It’s hard not to be concerned as it is happening at many large tech companies, however I try not to worry about things not within my control. That being said, my CV is up to date and I have several roles in my “backlog” in case I’m impacted. I try to always have several backup plans.

  11. Anonymous

    I have been fortunate in the past to find a job when I was laid off, however this time around it’s been difficult!I was laid off early November and was given one months notice in early October. I have now been looking for a job since early October, so yes this has been very tough time to find one. I don’t think it will be easier considering we will definitely hit a soft recession in Q2. Even though results showed we added more jobs in this January, the reality is that confidence in company’s is low…. And the herd syndrome is happening now!

  12. Anonymous

    I'm worried. I noticed the work slow down, hours each day with very little work. I have been laid off 3 times in my life and this is how it started. I'm sure I can find a job but it won't pay won't pay well or have the benefits that I have now.

  13. Anonymous

    Am I fearful of getting laid off? Yes. Do I think i could get a new job quickly? No. All I can do is make sure my emergency savings is topped off and hope for the best.

  14. Linda Makeleni

    I signed a leave on December and the company paid me . But now my supervisor said it was a AWOL. And I asked why did the company paid for my leave if it was an AWOL. From may I didn't get a leave and we working 12 hors is it right.

  15. Sally Griffith

    I worry about this too but the labor market is still very tight and unemployment is low. Even in case of a layoff, there appear to be many options.

    https://www.nbcnews.com/business/economy/women-are-driving-labor-markets-post-pandemic-recovery-rcna70202

  16. MARI S PHONASA, CPSM & CPSD

    Am I fearful that I may lose my job in light of all the layoffs from major corporations lately? I am, but for many reasons, not just what is happening lately. I have a 100% remote job as a regional sourcing manager, but the company I work for still has leaders with the old-school mentality of "you're really not working if I cannot see you in your seat everyday". Engagement and collaboration is challenging, but I still get my work done, but I fear the powers that be will cut us remote workers first if the need arises. We are also ever-so pressed to cut costs everywhere in the company. I am 50, 51 this year, and worry that finding a "decent-paying" job will be difficult. When I was last applying for work, I must have applied to over 200+ positions and only received call back to less than half.

    All this said, am I worried I will not find a job quickly -Not really, but I am worried I will not find a job that would be comparable to my current pay.

  17. Anonymous

    It's like you wrote this for me! I'm remote and 56 years old and have the same concern about the sentiment for remote workers even though I have worked remote for many years.

  18. Anonymous

    3-6 months is the average time it's taking to find a new job in this market. That is actually on the short side of things.

  19. Anonymous

    I've been looking since May 2022 and I can tell you it's rough out there! Most job postings have over 500 resumes submitted. Even when I have internal advocates the competition is so fierce that it's hard to get through. If I'm lucky enough to get a phone screen, most recruiters ghost afterward. I've had one offer that I turned down after meeting the team and realizing the culture fit was wrong. My advice to anyone these days is if you have a job, make it work at all costs and don't leave until you have found your next great position. Start socking money away to prepare for whatever comes your way - an unexpected job search, an oppty to start your own business, etc. Just my opinion from the trenches.

  20. Anonymous

    I was laid off at the end of August. I am still looking for work. I’ve had many interviews. I've made it to the final round several times. Zero offers. Copious rejections. Before I lost my job, I regularly had nightmares about it even though my employer praised my work and said I was valued. I know now that you can never get truly comfortable in a job.

    It is not right that we will never be able to feel secure in our jobs--our livelihood, and unfortunately for many people, their identities as well.

    I feel for anyone in this situation. It’s rough out here.

  21. Chere Estrin

    You need to determine what is going wrong. Role-play with a recruiter. Something is happening in the interview that is not allowing you to get the job. It is imperative you determine what that is. Something has to change. Read up on how to answer interview questions. Something you are saying is preventing you from getting the job.

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