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The layoffs have made the job market volatile, with more than 1.2 lakh employees laid off this year alone, as nearly 480 tech companies implemented cost-cutting measures. Indians living in foreign countries on work visas are particularly affected; H1B visa holders must find work within 60 days of termination or leave the country. In a hurry to find a new job, laid-off employees search job portals. One such professional, Vandan Kaushik, who worked at Microsoft as a senior product manager before being laid off, shared his experience on LinkedIn while researching new opportunities. ALSO READ: Meta braces for more layoffs, ready to match last year's tally: report Kaushik, who had worked for Microsoft for eight years, was fired along with his team in Microsoft's latest round of layoffs this week. "Like many of my colleagues, my team and I had a difficult start to the week. My entire team was cut as part of Microsoft's layoffs this week. Although I had prepared for this eventuality, hearing the news was always difficult." Kaushik said. . in a LinkedIn post.
The Indian technician has held various roles at Microsoft, including launching new ad types on Bing!, supporting international customers on Azure, and launching a new language for the company's customers in Indonesia. Kaushik writes that he worked to diversify Microsoft's supply chain, reduce integration costs, and increase efficiencies.
ALSO READ: Fired by Meta, an HR employee gets a new job in 3 months. she explains how
Recalling the moment he found out he'd been fired, he tells how immediate management didn't rush to complete the transition, but checked in with each other and made sure everyone was okay. “It was moving to see that even those not directly affected showered us with respect, empathy and support. In my two decades of work, I have rarely seen such a positive and supportive attitude from my colleagues and management team. And for that, I am truly thankful and grateful!
Kaushik is seeking help from the LinkedIn network for other job opportunities. "I'm excited to see where this new twist will take me on my journey," she added in her message.
The technology industry has been experiencing a financial downturn since the demand boom associated with the Covid pandemic subsided. Companies are turning to various cost-cutting measures, such as disengaging from aligned activities to focus on core business, launching a paid subscription plan, and also including tough compliance measures, mass layoffs.
