Is getting a job at a startup right now not the best idea? With so many companies laying off and no end in sight to the recession, what do you think?

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It seems like every company regardless of maturity is laying off. Publicly traded companies have one bad quarter and lay off. I don’t think avoiding startups will keep you safe indefinitely. Instead I would be looking for companies with a good product that’s not a “nice to have” and a decent cash runway. I would also avoid late stage companies (series e, etc.) that grew a lot during the last two years. Or industries that grew a lot during COVID in particular (telemedicine, tools to support remote teams, etc). Would also be open to hybrid or in-office roles if you lack the experience/leverage to insist on remote. Companies are doing RTO as a way to force people to quit or quietly lay off. So in person work seems to be less risky unless you are at a company that’s truly remote first.

likesmart

And like not to be callous but a lot of the people being laid off aren’t the best possible folks for the roles they’re in anyway. There is a lot of bloat in tech rn and it’s getting corrected.

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It’s a question of risk vs return.

likesmart

Yeah definitely! I was just laid off due to a merger and when I joined the company I already knew the merger was going to happen, which wasn’t something I took into consideration at the time. Trying to think farther into the future this time around!

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Asking advice from a recruiter: I’ve been recently laid off :( This week I took some time to reflect, talk to friends and family. I want to be more thoughtful on my next move and although interviewing right away would be logical I feel I want to take a break and some time for myself. Take a month or two off working and use that time to plan thoughtfully on my next move. Would having that gap in my resume be an issue when I go back to the job market?

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