Best Job opportunities after a sudden Layoff

Did you get caught in the recent ed-tech giant, BYJUs layoff super storm? Or did you lose your job as a software engineer in OLA when they cut down their technical employees. Do not worry because the sea of job opportunities is vast.

Best jobs during Layoffs:

• Sales executive job at Haleon
• Software developer job at JPMorgan Chase and Co
• Sales and engineering jobs at the TATA group
• Engineer and IT support at Nagarro
• Teaching faculty and administrative job at Aakash Institute
• Teaching faculty and administrative job at Allen Institute

Non-technical Jobs:

Are you a sales representative, recently laid off from a pharma firm like Pfizer and seeking employment? Haleon is a world-leading company focused on everyday health that is trusted by millions globally. It is actively hiring people with your qualifications. It has over 10,000 employees and is looking for mid-senior-level Expert Sales Executives.

Companies like the Aakash Institute are actively providing jobs in administration, accounts, and teaching opportunities Even Kota’s Allen institute has a demand for people in touch with administration, management, and design.

Technical Jobs:

Technical job recruiters are looking for people with software development backgrounds who have knowledge of application, data, and software. If you possess these and the software skills required, then JPMorgan Chase and Co. is actively recruiting Software Engineers in their Bengaluru firm.

The TATA group is always looking out for people with experience in sales and technical services. They are actively seeking for people to fill up positions in software development, consultancy services, data management, and much more. If you have a resume with the Hireyy ATS touch and possess the qualifications, TATA is the company to approach. 

Engineers who have suffered from the layoffs have ample opportunities as well. Nagarro, a digital engineering company, has open positions for engineers in their frontend, IT support, tech support, product management, and many more posts that are waiting to be filled. Nagarro’s fresher package ranges from 3.5 to 5 lakhs per annum but if you bring the job experience before the layoff to the table, the package can be much more.

The 2022 layoff surge in India

Following immense losses in the peak COVID times, BYJU’s announced the layoff of 2500 employees in early October 2022. They have become this year’s most significant company in terms of layoffs in the technical education domain. While OLA, just one month prior in September, led the layoff of 500 software engineers from their technical jobs in the company.

Job cuts and layoffs have skyrocketed in the Indian corporate sphere. But the demand for technical and non-technical skills and experience remains prevalent in the Indian corporate sphere by the recruiters. Those who were once recruited during the trend of digitization in the COVID peak era are now considered burdens to the companies’ economy. While the technical sphere has significantly more layoffs, the non-technical jobs have seen their fair share of job cuts.

Both technical and non-technical domains have observed layoffs of employees.

Pharma firms have been at the top of the non-technical layoffs this year. Companies like Pfizer led the layoff of 200 sales representatives in June this year and a total of 500 overall. This was following the Novartis job cuts in February and the GSK layoffs during the same time.

This year saw a surge of ed-tech layoffs, so the number is marginally higher in the technical domain but at the same time pharma jobs, accounting jobs and many other non-technical jobs have seen a rise in layoffs ever since the COVID wave deteriorated and the companies have moved from an online platform to offices and work spaces.

What to do in a layoff?

• Realize that layoffs are a natural part of the corporate world.
• A Layoff can come as a result of poor company economic keep, as seen in the post-COVID layoff surge.
• Do not take it hard on yourself. It is easier said than done but helps if practiced.
• What can be said with a guarantee is that there is an abundance of recruiters in the market.
• HR recruiters flood the LinkedIn platform and with just the right guidance, you can easily get the job you deserve after a layoff.

The Hireyy ATS package provides just the help you need to crack that job and push your career over the layoff hurdle. The first thing you need to do when faced with a layoff is modifying and update your resume. With structured, industry-vetted resume building, instant domain referrals, and 2800% more assured resume shortlisting, the Hireyy ATS package has bang for the buck when it comes to your resume.

Found the right job? Well, the HR recruiters do have a way with which they conduct the interview. While most get intimidated by the interviewer, mock interviews by the recruitment team and an alumni network of Hireyy, and 18 days average hiring from domain recruiters will assist you to get the post that you want.

All the best for your job seeking journey. Hireyy is always there to help!