How To Survive Tech Layoffs (5 Actionable Steps)

[@albirtarsha5370]

Job security is the ability to find another job.

[@TravisMedia]

That's not at all the definition of that term

[@albirtarsha5370]

@@TravisMedia You will learn.

[@abdulmaliqshola7239]

This is so so accurate!

[@BuddyIsreal352]

this is a fact.

[@DevOtionSynthax]

Been unemployed since Jan 2024, hundreds of applications submitted and only around 5 intro (recruiter) interviews, it sucks...

[@Jinran4343]

There is no such this as being unlayoffable. If a company wants you out, you're out. The best thing you can do is have an emergency fund, upskill, update your resume, improve your interviewing skills, and network. I do not agree with a 3 month emergency fund. In this job market, depending on the industry, it is taking job seekers up to a year to find a new job. I personally feel that anyone in tech needs to have a 1 year emergency fund. I am in fintech and I personally have an 18 month fund.

[@TravisMedia]

I see unlayoffable to mean if one is laid off, their life doesn't come to a halt or cause desperation. An 18 month fund is a pretty good buffer.

[@captnoplan3926]

Great tips. Esp the one about the willingness to do lower paying jobs. I see so many posts saying they used up all their savings and now they are desperate. Don't let it get to that point and have the willingness to work lower paying jobs.

[@tonoshiki2527]

I cannot find a job for almost 2 years. I used to be a cpp programer for 14 years. Im chinese live in china all the time.

[@AqibMughal-xg4jx]

that's it for the one's who lost their job. but now please make the video for the ones who got skills but not getting a job even an entry level job

[@above___]

It's painful getting one for me with no experience other than my internships.

[@Milan____]

Layoffs have nothing to do with covid, working from home, or cloud tech. Mass layoffs (in large companies) exist for one reason only - to increase share price. Traders love companies who do layoffs.

[@saifulalam799]

Was laid off 6 months ago. I found your video inspiring. Thanks

[@ChadSigma111]

From pre covid levels of interest rates, it took fed 1 year to hike interest rates to current levels. The rates have been stable since the last 1 year. Even if fed starts reducing rates right now, it will take them 2 years to get to pre covid levels, meaning that, there won't be any meaningful upside in the number of jobs for the next 1 year. Another thing is, people are over working due fear of layoffs and poor budgets, hopefully this doesn't become the new normal.

[@abduljelilali568]

Agreed 👍 🤝

[@cloudhobbyist]

The stop being a bum section is real. Their are way too many proud people who think they're above jobs that pay less. All that needs to go out the window when a family is involved.

[@oscarlagatta]

Thanks Travis the truth is working from home scheme is nice but now anyone can do the job and outsourcing is cheap, we failed not coming back to the office 😢

[@AdamFiregate]

"Let the world know" is a bit of handicap advice. They will view the person as needy. Making it in public makes even a bigger problem.

[@TravisMedia]

Well, the layoff is not their fault for 1, and for 2, what's the alternative, to stay silent and act like all is normal? I think there exists a tactful, non-needy way to do it.

[@AdamFiregate]

@@TravisMedia Networking is the way to go in private messages or calls. In the meantime, posting professional content on Linkedin can also boost inbound messages and offers.

[@thecommoncoder]

This is gold. 👏

[@JS-jh4cy]

AI just took your company money budgeted for salaries and your job next

[@icontentacademy]

Dude. This hits home big time. Loved the video. I got laid off in sept of 2023. I decided that it was my opportunity to peruse a certificate in post production (film) at UCLA to see if I want to do a career change from the tech industry. I have savings because like you said, I saved , no Starbucks, no Tesla. But was able to take almost a year off (this sept) to rest out the waters. Now I’m realizing filmmaking may not be for me so I’m training myself as a solutions architect in AWS. I would love to chat with you more in person. Not sure where you are located. Keep up the awesome work.

[@TravisMedia]

Thanks for sharing, I'm in VA

[@naupoleon3d]

😂😂😂bro WTF, I work in cinema and we are f*cked AF. Study another thing. REEEALLY

[@icontentacademy]

@@naupoleon3d Haha. I know. That's why I'm back in tech. It's sad, honestly, but it is what it is. What do you do?

[@faturismee]

@@TravisMedia hi! i like your videos and your advices are seemingly related to what i've worried about. Thanks Again! Although, can you give me advices on what i should've learned in the tech industry? im still young atm and hve times to learn things. advices are really appreciated! ☺

[@omarbarra3456]

Thanks great video. I agree it seems to be economy effects.

[@YannMetalhead]

Great information.

[@dogecl]

I wish I had this video a year ago. The company laid off developers, HR, and sales... and now they are hiring again (for less).

[@Adnanhasb1]

Thank you so much for the share

[@faturismee]

hi! i like your videos and your advices are seemingly related to what i've worried about. Thanks Again! Although, can you give me advices on what i should've learned in the tech industry? im still young atm and hve times to learn things. advices are really appreciated! ☺

[@yugalkishor557]

how to get a first job without degree , currently working with my father as plumber.

[@ubergeekin]

You should be putting your emergency fund into a money market account. All you have to do is open a brokerage account and set a default position. Current money market accounts are earning 4.95%-5.25% and they are not exposed to the market. A bank savings account will never yield this type of interest.

[@TravisMedia]

4.25% www.capitalone.com/bank/savings-accounts/online-performance-savings-account/ But yeah MM will get you a little higher (Fidelity at 4.95)

[@vincentnnyc]

my best way is to build up that F U money. if my company decides to lay me off. i'm gonna go into early retirement with my F U money.

[@rockpadstudios]

I try to tell every one that will listen that nobody gets hired because they were loyal. You get hired because of your skills. Sure if you move on in 6 months/year that's a red flag but 3-5 years is normal now. Save for a rainy day - rainy days will come sometime in your life.

[@JohnNiesyn]

Some of the best career advice I've ever heard, and I've been working for almost 35 years. And, what's more, it applies to many careers, not just those in tech. Youngsters: this is some of the best career information you'll ever receive, and it costs nothing.

[@1200KSA]

How many years can a programmer work and are there specific years that a programmer cannot exceed?

[@witblitsfpv1265]

Wouldn't posting about your layoff give any potential hiring company the upper hand in salary negotiations?

[@grandmasterb7398]

Its an employer's market. They have 100+ applicants applying for the same position. Employers have the power to set the salary based on this alone. Whether you post online about it or not doesnt matter.

[@richardlin2359]

Class of 2023... still unemployed

[@tjhsiao06]

You need AT LEAST 9+ months worth of emergency fund saved up

[@jenny-DD]

Uber hiring homie I lived in my car for 1 yr.

[@salman_babar]

how economy downturn results in record profits? 😂😂😂

[@egesa_michael]

Software Engineer based in Uganda building a start up looking for people to network with i do X and Linkedin. Hope to hear from you

[@adamodimattia]

The worst thing to start this kind of video with is splaining people "why did they got laid off", I frikin' know why I was laid off as well as many of my pals. Don't need splanaition for it after 9 months.

[@TravisMedia]

So it was AI then?

[@oscarm.1417]

This guy will hold your hand all the way off the cliff.

[@sm786]

Hi travel media need thumbnail designer at cheap rates?

[@DK-mt1xw]

1. Learn to Mine

[@AbdulRahim-cu7y]

Hey Travis! are you looking for a video editor for high-quality edits? let me know, if you’re interested.

[@NomadicBrian]

Just don't be an enabler. If you let it happen you'll be invited to the poker game and owe Tony Soprano your store.

[@AqibMughal-xg4jx]

Please make a video about how can a student who develop his skills as aa devOps engineer and also got some certifications and wants to persue his career.not getting even response to internships and jobs wants experience. How can Then get hired as a Devops Or cloud engineer. If the aanswer ismaking PRojects then tekll what sort of projects we have to create