The news can be unsettling. Major companies across various industries have announced layoffs in 2024. Between the looming recession created by the various global crisis and the rapid advancement of AI technology that is reshaping industries and job roles, many individuals find themselves facing uncertainty in the job market. Salesforce(700), eBay(1000), Bosch (1200), Microsoft (1900), Deutsche Bank( 3500), UPS (12,000) and Citi Group 20,000 are just a few examples.

While these headlines are concerning, it's important to remember job markets are constantly evolving, and there are still opportunities to be found. Here's how to navigate this climate and position yourself for success.

❇️ Self-Assessment and Upskilling:
The first step is understanding your strengths and interests. Consider what kind of work environment you thrive in, the skills you bring to the table, and the areas you'd like to develop. Many online resources and courses can help you with this introspection and skill development. Sign up for a customised career recipe to get a structured micro-learning journey on topics ranging from Generative AI to UI/UX Design.

❇️ Find a Mentor:
Mentorship programs connect you with experienced professionals who can offer guidance and support. These mentors can share industry insights, help refine your resume and cover letter, and even provide practice interviews. Adaptiv's Programs includes weekly check-ins with a mentor who will work with you to help you prepare for the job market.

❇️ Focus on Transferable Skills:
Studies indicate that skills centered around human abilities, including adaptability, creativity, social influence, and curiosity, will be crucial for workers aiming to remain competitive in this evolving job market. If you're coming from a company that's downsizing, focus on the transferable skills you've gained, such as communication, problem-solving, or project management. Adaptiv's Program also includes specific modules on these critical skills that will help you survive this difficult phase.

❇️ Network Strategically & Build your Brand:
Don't underestimate the power of networking. Attend industry events, connect with professionals on LinkedIn, and reach out to former colleagues or classmates. Establish yourself as a key player in your field by talking about your experiences, and engaging in meaningful conversations about your subject on LinkedIn and other platforms. Let your network know you're open to new opportunities, and be sure to return the favour whenever possible.

Additional Tips:

• Keep your resume and cover letter updated.
  
• Work on your presentation and interviewing skills. 
  
• Stay informed about industry trends to stay ahead of the curve.
  
  

Remember, this is a temporary climate, and the job market is constantly evolving. Staying positive, persistent, and adaptable will help you thrive even in this unfriendly job market, but you can increase your chances of finding the right opportunity by upskilling and following a strategic approach to job hunting provided by Adaptiv's Program.