Employees from MNCs and start-ups are surrounded by one common problem – layoffs. The COVID-19 pandemic outbreak disrupted many lives, imposing the threat of layoffs. Several MNCs and rising start-ups failed to cope with challenges, moving toward cutting off jobs in different positions. Top-tier firms across Pune approached massive layoffs to safeguard their future amidst economic imbalances. As per the industry reports, over 2.26 lakh employees are being laid off across prime MNCs in 2023. Amidst the layoffs, the demand for upskilling is seen increasing rapidly. Thus, many experts opt for coping strategies to overcome the layoff setbacks. Upskilling with a data science training institute in Pune navigates career transition.
Coping Strategies for Overcoming Mass Layoffs
Job loss or layoffs cause economic and emotional disturbances. Experts in various fields experience this setback at any career level. Mostly it is found that working pros with redundant skills face layoffs like disastrous conditions. Skilled pros with basic knowledge of the latest trends always stay in demand. Yet, one must learn to cope with negative situations or mentally stressing cases with effective strategies.
Some strategies are –
1. Self-assessment of Existing Skills and Exploration of the Growth Options
Working pros in diverse fields fear making career switch decisions due to low self-confidence. Outpaced skills limit career growth as per the changing job landscapes. Thus, self-assessment of skills is essential to make the right move. Assessing your skills will help you find strengths and weaknesses and make a way to upgrade. Or else, you can look into current job openings in the data science field and check if you have any. Experts learning from the best classes for data science in Pune can easily understand and overcome the skill gaps. Plus, it helps explore new jobs available in the data science field with attractive pay scales.
2. Enrolling in an Industry-driven Course Program
Working pros face job loss or layoffs due to their inability to perform well. Employers need to find it easier to retain experts with outdated skills. Thus, pros must opt the way of skills upgrades to stay competitive across the industry. Upskilling with an industry-paced program elevates career growth options with assured benefits. Pursuing a trending course can unlock many ways to rebuild a global data career. Upskilling also helps enrich one’s career with promising job offers worldwide. A 360-degree knowledge building is possible with an online program.
3. Social Networking with Like-minded Professionals
Networking is a vital part of career building in data science. Social connections with like-minded experts help understand and tackle real-world business issues. Even during the layoff conditions, experts can connect with industry people to gain insights into recent developments and expand their knowledge base. Networking navigates experts in learning about new trends and using the same during project handling stages. It offers a positive outlook on the changing job landscapes and experts gain the confidence to conquer career success.
In short, there are many ways to overcome job loss situations, but enrolling in an online course program is useful. Major non-technical experts need to strengthen their careers within an ever-changing job market. After 3–5 years of work experience, they feel a slow-paced career that affects their self-confidence in career change. Hence, continuous learning of the latest trends and tools craft real-time success with assured job placement.
Future-proofing a stagnant career saves from layoffs and job loss threats, resulting in sound career-building. Hence, you must enroll in an industry-driven data science program to level up your career growth options. Upskilling with the best classes for data science in Pune validates a career with promising skills and expertise. Pune is witnessing a fast-paced rise in data science careers, welcoming experts from diverse domains. Yet, a persisting shortage of skilled data scientists slows down the process. Experts eager to drive global career growth with future-proofing skills can opt for online learning.
Enrolling in the Advance Data Science and AI Program enriches your career with valuable growth and success factors. Industry-driven course curriculum attests to a career with useful certifications from IBM. Learning with an industry-driven program help experts craft their career to heights of success. Many experts fail to attain growth and crack lucrative jobs due to stagnant skill sets. Yet, upskilling with an updated program helps overcome hurdles and find resilience.
Thus, constant learning with an online program helps experts stay updated with recent developments in data science. Experts can avoid layoffs and slow-paced career paths with upskilling in one go.