Career Opportunities For Employees Who've Been Fired
The American corporate trend of hiring and then firing the employees is now 'settling' in Indian IT as well. No one really expected that the companies like Tata Consultancy Services (TCS) will ever fire employees in bulk; but it appears to be the truth: <a href="https://www.crazyengineers.com/threads/tcs-layoff-to-affect-25000-employees.77818">TCS Layoff To Affect 25000 Employees?</a> .
I believe as a community of engineers, we need to stand with the employees who got fired from their jobs and help them plan the next phase in their career. This discussion is aimed at figuring out various ways and helping the employees get back into the game plan as soon as possible.
Things you can do after getting laid off:
1. Look for jobs in startups: It's important that you maintain a positive cash flow even after your EMIs. You have the biggest asset - 'experience'. Combine it with your skills-set and pitch to startup companies. Be flexible enough to adapt the startup culture and you should be all set.
2. Take a break: If you can afford it, I'd highly recommend taking a break for say 4-6 months. Go on a vacation for 2-4 weeks and then spend the rest of your break updating yourself with new skills and keep looking for a new job.
3. Realise your entrepreneurial dreams: The layoff may be a blessing in disguise. You might have been wanting to start a new venture on your own but were afraid to lose your job. But now that the worst has happened, you should seriously consider starting your entrepreneurial journey. Think about what problem can you solve - and get going!
4. Come together and start your own services company: The people in similar situation may get together and start a new services company. Quote the rates half of what your company was quoting - to the same client you were working for! If you can crack it; you'll have the dollar / pound / euro inflow to take care of your needs. Starting a company is quite easier than you ever thought. Give it a try!
It's extremely important that you keep a positive attitude towards life and your career. That's the only thing that will help you sail through this phase of your life, successfully.
I believe as a community of engineers, we need to stand with the employees who got fired from their jobs and help them plan the next phase in their career. This discussion is aimed at figuring out various ways and helping the employees get back into the game plan as soon as possible.
Things you can do after getting laid off:
1. Look for jobs in startups: It's important that you maintain a positive cash flow even after your EMIs. You have the biggest asset - 'experience'. Combine it with your skills-set and pitch to startup companies. Be flexible enough to adapt the startup culture and you should be all set.
2. Take a break: If you can afford it, I'd highly recommend taking a break for say 4-6 months. Go on a vacation for 2-4 weeks and then spend the rest of your break updating yourself with new skills and keep looking for a new job.
3. Realise your entrepreneurial dreams: The layoff may be a blessing in disguise. You might have been wanting to start a new venture on your own but were afraid to lose your job. But now that the worst has happened, you should seriously consider starting your entrepreneurial journey. Think about what problem can you solve - and get going!
4. Come together and start your own services company: The people in similar situation may get together and start a new services company. Quote the rates half of what your company was quoting - to the same client you were working for! If you can crack it; you'll have the dollar / pound / euro inflow to take care of your needs. Starting a company is quite easier than you ever thought. Give it a try!
It's extremely important that you keep a positive attitude towards life and your career. That's the only thing that will help you sail through this phase of your life, successfully.
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