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As thousands of layoffs make headlines, experts say there is a silver lining — a resilient job market.
But to find your next position faster as companies cut costs, you may have to take a new approach.
In January, companies cut a record 82,307 positions, the highest number of job cuts announced since January 2009, according to Challenger, Gray & Christmas, an outplacement and business and executive coaching firm.
The top sectors affected by those job losses were finance and technology. Companies such as Citigroup, Google and Amazon have been affected.
The fresh wave of technology layoffs has prompted Holly Lee, a career coach and former recruiting leader for Amazon, to reposition her approach with clients.
“Now I have basically transitioned my entire model into coaching people to calm down,” Lee said.
“I work really hard in building their confidence,” she said.
To successfully land a new position faster, it helps to adapt, Lee said.
Don’t fixate on one kind of role
For workers with years of experience at a big tech name, their goal is often to find another similar position.
“Don’t just be stuck in, ‘I want to work for a big tech company,’ and that’s it,” Lee said.
With that mindset, you run the risk of ignoring opportunities with other companies that are hiring.
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“There’s a ton of startups preparing to go IPO or pre-IPO companies that are still trying to build talent,” Lee said.
Job search tools can help amplify your search, according to Scott Dobroski, a career trends expert at Indeed.
By updating your profile on job search sites with your skills, experience and the positions you are seeking, you may find roles you would not have otherwise considered. For example, bank tellers may find their skill set also makes them suitable for sales…
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