Reports from various sources indicate that the social media giant, Meta, is starting the next round of job cuts in India today. According to employees who wished to remain anonymous, lower-level employees are expected to face layoffs this week, while those in key leadership positions may be affected next week. While discussions about layoffs have been ongoing since early April, no official information has been released until now.
Meta, the parent company of Facebook and Instagram, is known to give layoff notices early in the morning. There is a possibility that employees will receive their layoff notifications as early as the following morning or around noon in India if the company follows PST. In November of last year, Meta had laid off 11,000 employees, cutting its workforce by 13%. It is not clear how many employees will be affected in this round of layoffs.
The news of retrenchment in Meta is a cause for concern for the affected employees and their families. Losing a job can be a stressful and challenging time, and finding a new job in the current job market can be difficult. If you are one of the affected employees, it is essential to stay positive and start planning for your future.
Tips for job seekers
- Update your resume and LinkedIn profile: A well-crafted resume and LinkedIn profile can make a significant difference in your job search. Highlight your skills, accomplishments, and experience in your resume and LinkedIn profile. Make sure your profile is complete and up-to-date, and include a professional profile photo.
- Start networking: Reach out to your professional network and let them know you are looking for a job. Attend industry events and meet new people. Join professional groups on LinkedIn and participate in discussions. Networking can help you learn about new job opportunities and connect with people who can help you in your job search.
- Learn new skills: Upskilling can help you stand out in a crowded job market. Identify the skills that are in demand in your industry and start learning them. Online courses, certifications, and workshops can help you gain new skills and knowledge.
- Be open to new opportunities: Consider applying for jobs in different industries or roles. Be open to contract or part-time work as a way to gain experience and expand your network.
- Take care of yourself: Losing a job can be a stressful and challenging time. Take care of yourself by getting enough sleep, exercise, and eating healthy. Reach out to friends and family for support, and consider speaking with a career coach or therapist if you need additional support.
Retrenchment is never easy, but with the right mindset and actions, you can navigate this challenging time and emerge stronger.
