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Amit Ghosh
Head Of Asia Pacific at R3 Cev
Highlights
Never waste a layoff. Four lessons from my experience.
Layoffs in the tech industry have slowed down. But, we are not done yet. Grab, the biggest homegrown name in tech announced sizeable layoffs this week. If you are one who was affected, remember the Persian saying, “this too shall pass”.
Here are four lessons I learned from my own layoff experience.
First, focus on self care and what really matters, namely health, family and friends. I assume you had to deprioritise at least one of these in the quest to give your best at a fast moving company like Grab. Now is the time to set the balance right, at least a little bit. By focusing on health, family and friends you will gain both energy and joy in multiples. That will set you in the right frame of mind for the upcoming job search.
Second, if your financial and immigration status allows, give yourself space and time. I recommend taking a month off where you do not kick off a job search. Take this time to recharge and reflect.
I used my post layoff time to reflect on what makes me truly happy, what gives me energy, and what I am curious about. I also reflected on my life’s priorities, and my how I was performing on those priorities. I then put some fixes in place for priorities I had been neglecting.
What I reflected on are ideas that may or may not be relevant to you. Pick what you reflect on based on your context & introspection. I have found quiet reflective breaks to be very energising. I hope you do too!
Third, focus on the convergence of energy and curiosity. Find at least one activity that gives you energy and you are curious about. It could be anything at all and does not have to be work related. Start doing more of that activity. If possible, start teaching / sharing more about that activity with others. In doing so, you will share energy with others who need it. Be the energy giver!
Fourth, avoid getting bogged down by the question, "why me?". There is no good answer for it. Large scale layoffs are a spreadsheet exercise. They are not about you or your performance.
Getting laid off sucks. It hurts in many ways. But it is also an opportunity. Don’t waste it.
All the best, and remember, “this too shall pass”.
To anyone from Meta, Twitter, Stripe, or any other firm that announced layoffs recently, my heart goes out to you. If I can help with anything at all - chat, coaching, making a connection, please reach out. We are hiring at R3 so do check out our open roles as well.
