Laid off from your tech job? Here’s what you need to do to boost your chance of getting hired

The tech world has been rocked by mass layoffs as giants like Meta, Elon Musk-owned Twitter and Amazon bleed jobs amid economic uncertainty. 

The number of IT layoffs in 2022 alone accounts for more than half of all terminations since Covid-19, according to layoffs.fyi, a tracking website.

“Tech companies of all shapes and sizes are reorganizing, carefully evaluating expenses, and ultimately, laying off employees,” said Erin Lau, director for service operations at Insperity, a human resources consulting firm.

This makes for a tight labor market that is “flooded with unemployed professionals and qualified candidates,” she added.

Other than intense competition, job seekers also face the challenge of acquiring “adaptive skills” to meet the needs of a rapidly changing tech industry, said Pooja Chhabria, LinkedIn’s career expert. 

“Companies are constantly in disruption mode, so today’s requirements for a job could change tomorrow. Employers are therefore keen to recruit agile tech talent — they not only fulfil a specific need of today but have skills that are future-proof to respond to the needs of the future,” she added.

CNBC Make It spoke with career experts who have tips for laid off tech workers who are looking for new jobs in a challenging economy. 

According to a Morgan Stanley research note this month, major job cuts in non-tech industries are also unlikely, as “the [U.S.] economy at large remains short-staffed.”

Chhabria added that there are currently more than 3.5 million open roles in Asia-Pacific in sectors not limited to tech, such as professional services, retail, health care and financial services.

“Understanding what skills you need to land a job in those industries is an important first step,” she said.

While there are jobs available, experts told CNBC Make It that time is of the essence. 

“When I worked in corporate recruiting I typically saw a decrease in applications in December even though we were actively hiring,” said Salemi.

“Job seekers will have less competition when they apply considering the majority of people pause their search until January. Don’t wait.” 

LinkedIn’s Chhabria agreed, saying that there are still “many companies” who are hiring now and being the first to apply will give applicants an extra edge. 

“LinkedIn [data] shows you’re four times more likely to be hired for a position if you apply in the first 10 minutes, so set up job alerts to notify you as soon as a job that fits your criteria is posted, and apply as soon as possible,” she added.

Other than highlighting tech skills in your resume, soft skills like time management and customer service are crucial too. 

“In this uncertain environment, employers are also placing greater emphasis on soft skills such as problem-solving, communication, and resilience. These are key skills that tech workers also need to demonstrate as we are working in a hybrid environment with teams spread across globally.”

For example, there are public spreadsheets being circulated on LinkedIn that compile contact details of laid off tech workers and open roles in tech in the Asia-Pacific region. 

Chhabria stressed that workers should prioritize networking as professionals are “four times more likely” to get hired through their network. 

“Be sure to engage and check in on your professional community on a regular basis to pave the way for mentorship opportunities, career advice and potential job opportunities … Be specific about the type of role you want, your experience level, and the value you bring to a team.”