Why do layoffs happen? What are the warning signs internally that could indicate impending layoffs? How do you prepare yourself and your career? In today's conversation with tech recruiter Magda Cheang, we go over the recent layoff trends and much more.

Magda Cheang worked at Zoom, Facebook (Meta), InVision and has helped hire thousands of people in Sales, Channel, Marketing, Customer Success, Account Management, Product Marketing and Leadership positions across the U.S, EMEA, APAC, MENA and EMERGING markets.

Book a coaching call with Magda here. —> https://app.carrus.io/s/magda-cheang-1

Show notes and Highlights

[5:05] Why the layoffs happened during COVID and why they happened after the pandemic / the differences between these layoffs
[7:55] The internal mindset of companies during layoffs, what's in control and outside of the control of companies, and the limitations of companies on predicting growth
[13:00] Why there isn't a more compassionate approach to layoffs?

[16:30] Examples of how some companies can create work internally to save jobs
[18:45] Signs of impending layoffs!
[31:30] The difference between getting fired and being laid off and what should you do if you're laid off?

[40:00] What you should say in an interview if you were laid off in your previous role
[43:00] A skillful way to share your layoff experience on LinkedIn, and how to leverage LinkedIn to showcase your skills
[48:40] Why you shouldn't jump right into the next job if you got laid off

Questions, comments or feedback?

Email me at misha@carrus.io