Ep. 440: Surviving the Tech Layoffs
Guest: Brian Pulliam, Refactor Coaching
The numbers are staggering, according to TrueUp’s tech layoff tracker.
In 2022, through more than 1,400 rounds of layoffs, 220,000 people lost their jobs. And the layoffs continued through January this year, where another 107,000 people were let go. Then in February, the layoffs carried on, and another 35,000 people were shown the door.
The emotional and financial impact is devastating, especially considering the unprecedented growth in the sector between 2008 and now. People hired in 2009 experienced “eleven years of summer,” says Brian Pulliam of Refactor Coaching. He goes on to say, “Don’t lament the loss of your job despite the punch in the gut that it feels like. Refocus and find a new and better path.”
For some, that may seem insensitive. But Pulliam explains, “For many in the tech sector, they are in golden handcuffs. They may not like their jobs, but the money is so incredible [that] they feel handcuffed to it, rather than pursue a career that is more in keeping with their likes and values. Getting fired with severance can [be] – and often – is a gift.”
We invited Brian Pulliam to join us for a Conversation That Matters about how to survive a tech industry layoff.
