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Don't worry, do not worry about the factors you can't control, role redundancy, company going nuts and everything is not in your control, recession, global wars, topline pressure on companies, Not in your control.
Your skill, can you write down on paper what are your skills and how you rate yourself in them and what's your low medium and most agressive plan to skill up? What are the skills you want to acquire in 1 year, 2, 3 year? Do you have a plan, a rodmap, a wishlist.
The market is bad for everyone, some are in less difficult situations and some are in more. Those who are winning in this area people who are really investing in their skills, the market is quite demanding and the older standards now no more apply, the expectations are quite high.
Also, listen to that guy who said keep your expenses low, build a buffer.
Got it makes sense to me have skills sharp keep gaining in demand skills and hope for the best and yes I'm following this financial advice I've especially seen the pain so it happened by default
My imposter syndrome has gone quite high and I got laid off due to Mergers and Acquisitions in one due to role redundancy and in the second one since the startup I joined is winding down. Both were startups and now I'm in a MNC but feel like here also I have to be extra careful. I'm very traumatised my entire out look on life has changed over the last two years...
welcome to life, save as much as possible, don't grow your expenses proportional to salary increase. If possible, prepare for ssc cgl alongside your job,if you want job security, as per your age you're still eligible.
My dad might not get a job again he's in KYC compliance and he's about 55 years old we barely have savings only like 8 months emergency fund and one non renovated house in hometown