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Tech Titans Tumble: Mass Layoffs Spark Job Market Scramble – Here’s How to Survive the Storm


As Amazon, Citigroup and Google open 2024 with layoffs, experts say unemployed workers should take these steps


Companies such as Google, Amazon, and Citigroup have recently announced job cuts, which has led to financial concerns among workers.

If you are newly unemployed, it is important to take steps to shore up your finances and kick-start your job search.

This includes claiming unemployment benefits and negotiating the terms of the severance package provided by your employer.

Filing for these benefits can take weeks, so it’s important to act quickly.

Severance packages may include compensation for unused time off or payments.

To manage your finances, find out when you will receive your last paycheck and consult a certified financial planner if needed.

Use tools like LinkedIn and job search websites to update your skills, experience, and desired job role.

Don’t forget to utilize your social media connections to let people know you are looking for work.

It’s important to keep in mind that losing a job is no longer as stigmatized as before, and new opportunities are still available.

Despite the recent layoffs, the unemployment rate is still low.

Be sure to highlight your transferable skills and achievements in your resume.

Keep in mind that searching for a job can be exhausting, so commit to doing one job-related task every day, such as updating your resume, applying for jobs, or networking.

With persistence and effort, you can successfully navigate the job search process and secure a new job.

  • Overall sentiment: negative
  • Positive

    “With the unemployment numbers at 3.7%, clearly there are still a lot of jobs that are out there.”

    “”There’s a variety of changes going on in the world of work.””


    “The start of 2024 has not been kind to workers in industries that opened the year with layoffs.”

    “Searching for a job can admittedly be an exhausting and frustrating process.”

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