This year, technology companies have been hit by global economic turbulence, which has slowed growth and resulted in widespread layoffs, even though some segments of enterprise IT spending appear to be holding steady.
Most layoffs at technology companies worldwide have occurred this year, according to TrueUp’s tech layoff tracker and breaking news on Forbes. As of December 14, 2022, there had been 1,457 layoffs at tech companies, affecting 223,555 people.
As global economic headwinds began to pick up earlier this year, many technology companies responded to fears of an impending recession by slowing hiring.
Still, it’s not a bad time to find your dream job, regardless of the state of the economy. The typical recession lasts less than 18 months, career experts say. Building confidence in your job search and knowing what hiring managers are looking for can speed up the process.
Here are three tips from career experts to maximize your search:
1. Be first and fast
Millions of open jobs are on the market, so be the first in line to apply for them. According to research, applying for a job within 10 minutes increases your chances of getting a response fourfold. Check your local company’s website and social media accounts for opportunities.
2. Show off your skills
Skill-based hiring has been on the rise for years. Employers reduced the degree requirements for 46% of middle-skill positions. Hiring managers want to accelerate the process and hire someone who will make their job easier. Heitmann recommends putting a bolded skills section on your resume and profile summary.
3. Use keywords on job boards
When using job search engines, make sure to enter relevant keywords that relate to the job you want and the location you want to work in. Keeping your search criteria as specific and narrow as possible will ensure that you find only jobs that are relevant to your preferences and will save you time by eliminating jobs that aren’t.
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