IT companies across Globe have started to reduce the employees by introducing new automation processes and related technologies and as the world is fasting venturing into new technologies.
Also, the COVID-19 pandemic has introduced new challenges for the IT companies were forced to continue their operations by employees working from home. Challenges also faced in terms of network connectivity, employee productivity etc.
Companies in India has started layoffs of employees on grounds of employees who are in bench, based on Non-performance assessments, highly salaried employees, very experienced employees in companies. Also, companies have started freezing hiring’s, reneged on campus offers and finally began letting people go. Now the lay-offs have started in your organisation.
Increase in layoff has begun raising the fears of all the IT employees across the industry where recession in the industry is unavoidable in upcoming years. Its high time experienced IT folks need to embark their learning towards new technologies in the sector as the rapid changes in the industry in upcoming days need the people to work on multiple technologies.ie With rapidly changing requirements, technologies and cut-throat business competition, it’s very important for the organisations to go to market soon with high quality, consistently deliver
value to their customers. In order for the organisations to consistently deliver high quality, the software delivery process needs to be streamlined and optimised. Everyone involved in software delivery needs to collaborate and work together for it to happen. That’s where DevOps comes into the picture.
People always think the ways to succeed in a forward manner usually like achieving certain daily or weekly goals.
Example: how do I get the next promotion?
How do I get onsite?
Thinking about the negative effects which can happen to us can help us foresee the failures and overcome them.
Observed many of current generation IT workers work for longs hours in a day without acquiring new learnings or skills and they work just to complete the task as per the project needs and finally after working so many years in the same project if they were released or forced to move to the bench due to lack of funding or clients transfers the contract to some other company or firm they search for other projects with skills which they have acquired 10 years back, using which they will not be able to compete in market with newly skilled people
in the field which makes them Jobless and depressed in the long run.
So let’s focus on changing your thinking.
Ancient philosophers like Marcus Aurelius, Epictetus regularly conducted an exercise known as a premeditation Malorum, which translates to a “premeditation of evils.”
The goal of this exercise was to envision the negative things that could happen in life. For example, imagine what it would be like to lose their job and become homeless or to suffer an injury and become paralyzed or to have their reputation ruined and lose their status in society.
IT workers need to think the opposite and foresee how they can survive for long years in the field. In general, if an experienced person needs to survive in IT field, rather than learning all technologies they need to know the basis of all new technologies in market i.e like Artificial intelligence, Data Science, Internet of things, Edge computing, Virtual Reality etc famous quote to context is be Jack of all trades master of none.
Educate yourself through online learning platforms in your free time and keep boosting your knowledge by doing projects for others. Consider shifting from your existing technology to new technology and leverage your IT Skills wherever possible. People currently working in IT need to think about creating an alternate source of income which they can make harvest in there. People need to think about starting their own small-scale business and see themselves as future entrepreneurs.
start their own business which they are so fond of or which they are interested in. Folks in IT who entered the field as soon as they completed the graduation and worked for the same company a long time until their services are no longer needed for company entered the IT field for reasons like earning money or for running their families, or due to peer pressure in society they need to understand its time they need to stop losing themselves which makes them unhappy and they need to start thinking about fact which makes them happy like becoming an artist like musicians, writers etc. So there is a point everyone needs to think about stop working in this field and think about choosing an alternative which makes them happy.
They need to see it as an opportunity, as a rebirth for themselves and start following their long forgotten dreams. If you think you can’t able to keep yourself updated with new technologies or continue learning all the way along with career it’s better shifting to NON-IT domain like team manager, Business analyst where you need to enhance team management skills, communication and people skills. Invest yourself in building your profession relationship beyond your work in end it’s all about the people Someone who knows you or someone who is close to you can point you to the hidden opportunities. People managing skills is another crucial which needs to be forged over a period of time. We need to enhance our selves as leaders rather than Boss, as there is a clear line of difference between them.
Last but not least we are responsible for our career and if we don’t empower ourselves and if we depend on the circumstances, at the end will be at the mercy of market forces. German mathematician Jacobi said to his students that when looking for a research topic, one should ‘Invert, always invert’ (‘man muss immer umkehren’), reflecting his belief that inverting known results can open up new fields for research, instead of employee perspective think from business owner perspective what is the particular business area is about, who are the customers? what are they asking? what are they willing to pay as part of business?. Keep thinking about why’s always and someday you will know the answers.