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Layoffs Q&A and Videos

About Layoffs

Layoffs are the temporary suspension or permanent termination of a group of employees for business reasons, such as personnel management or downsizing an organization.

How to navigate promotion talks when no direct manager or director in sight for approx. 2-3 months while being a new member on a team?

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Anonymous User at Taro Community

I recently changed teams(been over 4 weeks). The current team did not have a manager/sr. engg manager to report to, and everyone reported to an Sr. director. This sr. director reported to a VP in my org.

Unfortunately during a round of layoffs, our director got laid off. So, now imagine my team is "headless".

Our VP did mention that they will try to bring in someone interim. Say that happens, and I am able to make a good connection with this "new" but temporary manager, but after a few months, we get a "permanent" manager, my questions and/or concerns around these are

  1. This would be my first time I will be in this situation mine is a tier-3 company, also not a tech-first company, is this how even Big Tech works? How do you all navigate this change, and continuous (non-technical) context switch of leadership?
  2. As you might have guessed how do I best make sure that my accomplishments(refers to the brag doc*) gets clearly communicated between my old manager, me, and my new manager?
  3. Does it make sense to even "talk" about getting promoted with the old manager if I have been on this team for 4 weeks?
  4. Re. to point 3, some notes about my accomplishments: I already was able to find bugs in their pipelines, and communicated about this to cross functional teams too, and everyone acknowledged this, and we have been able to avoid a major failure while shipping to prod environment, thereby saving us time(in months). What I am trying to say is I have been making(in my humble opinion) impact from day 1. I also am contributing to an internal library which will be used for onboarding several teams(cross regional too) in my company. I am the second developer on this repo. I already am keeping track about all of this in my "brag doc", I have been clearly communicating about my work with my scrum master, my current Principal Engineer, and other engineers.
  5. This is painful to write but, we have 3 engineers including me who are on the same level as mine(level 2), 1 Level-1, and 1 Principal Engg. Now, I am not comparing, but how do I put my best foot forward so that I too get a shot of pushing forward my promo packet along with others? There is a notion in my company(I dont know about Big Tech) that we "tend to" not have more than 2 level-3 engineers on a team, so should I just give up of not hoping to get promoted, and instead keep my head down and wait for new year or until I quit? Sorry if I sound negative, but its what it is.

Some more information about me:

YOE: 6+ this is what has been killing me from inside, 6+ yoe, and stuck on Level-2, I agree things were not hunky dory with me(been through a lot of personal s***), and couldn't focus on this side of my life.

I agree this is my mistake, but I know myself, and I know I can make it work,I can push myself and make it work, but asking for a guidance is all.

Appreciate you all for reading till the end, can't thank this community especially Rahul,and Alex.

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Posted 2 years ago
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3 Comments

Wary of current situation in terms of layoffs, need some advice wrt international relocation

Anonymous User at Taro Community profile pic
Anonymous User at Taro Community

I have been doing good at my current company, been here for 3+ years working initially as an Entry Level, then promoted after an year to a MidLevel Software Engineer. I have been receiving "Exceeds Expectations i.e. 4/5" rating since the beginning and "Superb i.e. 5/5" rating once.

I applied for international relocation to Singapore back in July. The manager and skip mentioned that while cost cutting is going on, they are making an exception for me and it should be processed completely by initial weeks of January 2023. In times of layoffs, and especially with my company's stocks not doing that good, I am afraid if it could lead to getting laid off. This is causing me a bit of anxiety.

Although it is being mentioned by leadership that no layoffs are happening, we are seeing projects getting cut off, rigorous re-orgs happening, and entire focus of the organisation is on cost saving, which I feel is great especially in current times.

I started the conversations for relocation when times were going good in terms of offers being posted in the market. The teams were thriving as well in terms of work. But by the time entire process got over, it seems the situations have changed. What should I do?

To add on, another thing I did sometime back was to share with my manager on how I am performing several roles of the next level and how it can be used to further the cause of promotion in the upcoming performance reviews. I tried to break down the career ladder doc into key umbrellas of behaviours needed, and assigned the initiatives I delivered under those. Now afraid if this was another way I shot myself in the foot by asking for more in times of cost-saving and probably being conservative. Please assist with your advice.

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Posted 2 years ago
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2 Comments

Learn About Layoffs

Layoffs in the tech industry are a common occurrence and can be a source of anxiety. They are a result of unforeseen adverse macroeconomic conditions or overambitious hiring. Layoffs are distinct from being fired, as they are generally not the employee’s fault and are part of a cost-cutting measure to restore the company’s economics. Layoff packages in the tech industry tend to be extremely generous and competitive, as tech companies are known for offering competitive perks, benefits, and pay.
There are many different reasons why layoffs can happen. Layoffs can be a cost cutting measure to ensure that the organization has enough cash to survive. Companies can undergo restructuring when they shift their strategic focus. This could be caused by mergers and acquisitions or shifts in business priorities. The rapid evolution of technology can render certain skills obsolete. Companies may have to reevaluate their technological needs and realign their workforce based on emerging trends.
It’s important to maintain a positive mindset in the face of layoffs. it’s best not to dwell on self-doubt or feelings of inadequacy. Layoffs are often done with incomplete information and can be random. Remember that being laid off is not a reflecting of one’s abilities or worth. It’s advisable to view the layoff as an opportunity for introspection and finding the next career move. The severance package that comes with layoffs can provide financial freedom and should be treated as a valuable resource.
Taking care of physical, mental, and emotional well-being is crucial after a layoff. It’s normal to feel stressed and anxious, so taking time off to examine your well-being and relationships is recommended.
When reflecting on the next move after being laid off, it’s important to think about career goals and where one sees themselves in the future. This self-introspection can take a few days or even a few weeks. Seeking support and talking to people during this time can be beneficial.
In the current climate, being out of work for more than 6 months after a layoff may or may not hurt chances of getting work. It’s important to emphasize the value one can bring to a company and be transparent about the job search and the time spent focusing on your career during the interview process.
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