Beyond Layoff

 In the past year, the technology sector has experienced a cycle of aggressive hiring followed by massive layoffs. Once seen as a safe haven for job seekers, tech companies are now facing significant workforce reductions.  While layoffs can be attributed to multiple factors, five key reasons stand out as primary drivers behind the ongoing job cuts. 1. Post-Hiring Binge Cutbacks During the pandemic and its aftermath, many tech companies went on a hiring spree, fueled by increased demand for digital services. As remote work, e-commerce, and online entertainment soared, businesses aggressively expanded their teams. However, with economic stabilization and declining demand, many firms are now re-evaluating their workforce needs. The result? A wave of job cuts aimed at correcting the overexpansion of previous years. 2. Geopolitical Uncertainty and Trade Wars Global economic conditions play a crucial role in the tech industry's health. Geopolitical factors such as changing U.S. ...

In the fast-evolving tech industry, career transitions are inevitable. Whether you're shifting roles, exploring new industries, or pursuing leadership opportunities, strategic networking is key to unlocking new career possibilities.  In this video clip, Mohan K shares his tips and ideas on networking along with peronal experiences after returning to India after spending 15+ years in America Here’s how tech leaders can effectively navigate job changes through professional networking: Leverage Your Existing Network – Before seeking external connections, tap into your existing professional circle. Former colleagues, mentors, and industry peers can provide valuable insights, referrals, and recommendations.  Build an Authentic Online Presence – Update your LinkedIn profile with recent achievements, leadership contributions, and thought leadership content. Engage in discussions, share insights on emerging trends, and showcase your expertise to attract the right opportunities. ...