3 ways to stay employed in times of large Tech layoffs

With Microsoft announcing 18k being let go because of merger with Nokia, it makes people wonder how to stay employed in the Tech industry.

The sad fact is that with the power of the internet, employees no longer need to be local to the employer which has lead to price competition for work. Mergers also cause duplication of work leading to downsizing. Finally there is also changing technology which leads to skill sets being outdated for the current role.

To stay employable you have to be monitoring your current skill set and be flexible:

1 – Ability to change geographical location

Sometimes the work dries up in your current location leaving no option but to move. To stay would either mean a salary cut or even a change in career.

2 – Willing to accept a salary cut

This is a very bitter pill to swallow. To be paid less to do the same work is like a punch in the gut (on a daily basis). If you do not truly enjoy what you do, you will probably be miserable in a year or less.

3 – New certifications

IT employees are like NFL stars at the pay of regular Joes, meaning that we have a short career in the lime light. In reality, the days of getting a good 20 years out of your skills is long gone. I would say 5 years is about it. After 5 years you are considered old and worthless. Once upon a time employers did value experience over specific skills in that they were willing to train you on the missing parts but now if you are missing a component from your resume, you become like a square peg trying to fit in a round hole. Keep an eye on what is in demand by checking the job boards and make sure that you are getting the certifications / training to pad out your resume. Remember that you are competing against every college kid that just got the new skills while at college and are willing to start for less than you are currently paid.

 

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