{"id":580,"date":"2021-08-27T14:02:24","date_gmt":"2021-08-27T14:02:24","guid":{"rendered":"https:\/\/www.veriipro.com\/blog\/?p=580"},"modified":"2026-04-07T06:34:11","modified_gmt":"2026-04-07T06:34:11","slug":"working-in-the-it-industry-heres-how-to-get-through-the-layoffs","status":"publish","type":"post","link":"https:\/\/veriipro.com\/blog\/working-in-the-it-industry-heres-how-to-get-through-the-layoffs\/","title":{"rendered":"Working In The IT Industry? Here&#8217;s How To Get Through The Layoffs"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Cloud,\nbig data, DevOps, IoT, AI, and mobile apps used to exist only in our\nimaginations a few years ago, but they have now become a reality and are\ntransforming the IT sector. The infrastructure area will be turned upside down,\nand most so-called admins (Storage, Network, Compute, Database) will be a thing\nof the past. <\/p>\n\n\n\n<p>Due to a combined impact of US politics and the rapidly changing digital landscape, multibillion-dollar Indian IT services companies are minimizing expenses. According to the <a target=\"_blank\" href=\"https:\/\/nasscom.in\/knowledge-center\/publications\/perspective-2025-shaping-digital-revolution\" rel=\"nofollow noopener noreferrer\">NASSCOM-McKinsey report<\/a>, IT companies will lay off about 6 lakh people in the next three years. <\/p>\n\n\n\n<h1 id=\"whatshould-you-do-if-youre-a-techie-whos-been-laid-off\" class=\"wp-block-heading\">What\nshould you do if you&#8217;re a techie who&#8217;s been laid off?<\/h1>\n\n\n\n<p>Most\nof the people in the IT sector are thinking about their future careers and\n\u201cwhat do we do next\u201d to stay competitive. \u201cWhat Next?\u201d is a frequently asked\nquestion. And the answer to that is the below suggestions based on the current\nmarket situation:-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Internal Retraining<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Indian\nIT businesses&#8217; biggest clients were in international banking and healthcare.\nThese lucrative contracts are drying up as the US economy remains unstable and\nbusinesses create in-house capabilities. Companies are now considering newer\ntechnology, such as cloud-based services, as well as reskilling their current\nworkforce. To be among the first to make the tough change, learn about the new\nfocus areas and existing reskilling programs and projects.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Moonlighting<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Have\nyou considered becoming self-employed in the future? Do you want to increase\nyour earnings? Consider freelancing or other sources of income. Create the\nfoundation for another source of income while you still have a job. Work with\nsmall businesses that can&#8217;t afford the IT talent they need and are prepared to\nlet you assist them, even if you have no prior experience in the field.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Learning In The Field Of Technology<\/strong><\/li>\n<\/ul>\n\n\n\n<p>If you have the time and financial resources, learning, exposure, networking, and certification will provide you with the credibility and runway for rapid career progression. If you&#8217;re certain that your present skillset won&#8217;t help you <a href=\"https:\/\/veriipro.com\/blog\/6-smart-ways-by-which-you-can-show-your-personality-in-a-job-interview\/\">improve your career<\/a> in the next 5 to 10 years, you should learn something new. Consider pursuing an MTech or MS in a new field such as robotics, artificial intelligence, or data analysis over a few years.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Professional Relations<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Extend\nyour network by reaching out to people in your immediate circle. Don&#8217;t be\nafraid to ask for help, connections, or employment opportunities. Start\ncreating professional ties outside of your team right away if you haven&#8217;t\nalready. According to research, the majority of new job opportunities emerge\nthrough major links in your network.<\/p>\n\n\n\n<h2 id=\"5-skills-that-will-help-you-thrive-in-the-it-business-in-the-future\" class=\"wp-block-heading\">5 Skills That Will Help You Thrive In The IT Business In The Future<\/h2>\n\n\n\n<p><a target=\"_blank\" href=\"https:\/\/searchenterpriseai.techtarget.com\/definition\/AI-Artificial-Intelligence\" rel=\"nofollow noopener noreferrer\">Artificial Intelligence<\/a> (AI) and <a target=\"_blank\" href=\"https:\/\/www.ibm.com\/cloud\/learn\/machine-learning\" rel=\"nofollow noopener noreferrer\">Machine Learning<\/a> (ML) are poised to change the technology landscape. Learning something new at an advanced level in a short period is a difficult task. But IT professionals must develop new skills per the change. Here are five skills that can heal you to learn and prepare for the future in the fast-paced technology business. <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Critical thinking <\/strong><\/li>\n<\/ul>\n\n\n\n<p>Critical thinking skills are required in over\n20% of IT positions. It is the ability to think critically. Artificial\nIntelligence and machine learning are improving their ability to make\ndata-driven decisions, but they still have a long way to go. Businesses must\ncontinue to rely on people who can make great decisions to predict the future.\nPeople with skills like measuring, anticipating, and communicating are in high\ndemand in organizations. <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Cognitive Flexibility<\/strong><\/li>\n<\/ul>\n\n\n\n<p>IT professionals work for companies that\ndemand them to work on numerous projects at the same time. This sort of job\ndemands cognitive flexibility which means flexibility of thought. By excelling\nin cross-functional tasks in several sectors, technology organizations may go\nfrom strategy to execution in less time. Employers have a strong demand for\npeople that can think quickly.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Problem Solving<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Today&#8217;s employees will most likely be tasked with resolving complicated problems that appear to be unattainable. Companies are employing professionals with advanced problem-solving skills in the age of quantum computing. This talent allows <a href=\"https:\/\/veriipro.com\/jobs\/information-technology-jobs\/\">IT professionals<\/a> to adapt to any technology or programming language.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/veriipro.com\/contact-us\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"256\" src=\"https:\/\/veriipro.com\/blog\/wp-content\/uploads\/2021\/07\/sort_conn-1024x256.png\" alt=\"Career growth banner with professional working on laptop and call to connect with organization\" class=\"wp-image-541\" srcset=\"https:\/\/veriipro.com\/blog\/wp-content\/uploads\/2021\/07\/sort_conn-1024x256.png 1024w, https:\/\/veriipro.com\/blog\/wp-content\/uploads\/2021\/07\/sort_conn-300x75.png 300w, https:\/\/veriipro.com\/blog\/wp-content\/uploads\/2021\/07\/sort_conn-768x192.png 768w, https:\/\/veriipro.com\/blog\/wp-content\/uploads\/2021\/07\/sort_conn.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Analytics in Business and Marketing<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In the future, candidates with business and\nmarketing analytics abilities will be in high demand. The massive amount of\ndata available nowadays has enabled the target population to be trimmed down.\nYou don&#8217;t have to guess why customers buy or use particular items or services\nany longer.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Thinking in terms of design<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Brands have modified their product marketing\nstrategy in the age of internet advertising. We&#8217;ve entered the world of image\nand influencer marketing. Branding is a design and message approach.\nProfessionals with a thorough understanding of design thinking will be in great\ndemand in tech firms all around the world.<\/p>\n\n\n\n<p>The challenges, as well as solutions, are\nnumerous. Those who do not progress in rank in proportion to their age are\nautomatically terminated. Millions of jobs will be digitized as a result of the\nnew Industry 4.0 revolution. IT professionals must adapt to the changing skill\nrequirements demanded by these new-generation roles. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cloud, big data, DevOps, IoT, AI, and mobile apps used to exist only in our imaginations a few years ago, but they have now become a reality and are transforming&hellip;<\/p>\n","protected":false},"author":14,"featured_media":581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"powerkit_post_featured":[],"class_list":{"0":"post-580","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-workplace-culture"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Working In The IT Industry? 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