Ashish Kumar Sahoo 👋’s Post

This week, 900 talented Cruisers found themselves facing layoffs through no fault of their own. Even though I was not personally included in the layoff, I’d like to do everything I can to help my colleagues and friends find new jobs. For those of you who haven't already joined the alumni Slack group, I strongly encourage you to reach out and become a part of the ex-Cruiser Slack community. We currently have over 1,600 members, where we not only share heartwarming pictures on #doggo and #catchat but also are providing each other support in understanding severance agreements and terms and raising questions internally to HR and other leaders within the company. If you are reading this and are recruiting for open positions or wish to help Cruisers connect to new opportunities, I also urge you to get in touch. We are actively looking for ways to facilitate job opportunities for our fellow Cruisers impacted by these layoffs. Your support in sharing job openings can make a significant difference. Additionally, if you have experience in managing Slack communities or work at Slack itself, I could really use your assistance. Managing a community of this size is challenging, especially with budget constraints preventing us from accessing some of Slack's premium features. If you know of any tools or resources designed to support community-driven Slack groups, I would greatly appreciate your insights. Thank you for taking the time to read this message, and please feel free to reach out if you have any questions or suggestions. Together, we can provide much-needed support to our fellow Cruisers during these challenging times.

LinkedIn needs an updated business model. It should focus on enhancing user value rather than prioritising revenue from paid memberships, which offer limited value to members. The features that allow users to see who viewed their profile is a questionable utility. It does not contribute to the platform's core purpose, professional networking and business growth.  LinkedIn should restructure its revenue model to a creator-centric system, allowing individuals to generate revenue based on their contributions to the platform rather than relying primarily on paid memberships. It could potentially evolve into a more engaging and profitable platform by emulating the success of Instagram's revenue-sharing model, where creators are incentivised to produce engaging content. This shift would involve reimagining how revenue is generated and shared within the ecosystem, potentially alleviating the need for frequent job cuts. Job cuts show the platform grapples with the evolving job market dynamics.  The shift towards a creator-centric system could reinvigorate the platform, making it more profitable and user-centric, providing a more sustainable approach in line with changing market demands.

LinkedIn, the professional social network owned by Microsoft, confirmed significant staff reductions on Monday, affecting nearly 700 employees. The cuts primarily target LinkedIn’s engineering organization, with some also occurring in the finance and human resources divisions. This news arrives amid an ongoing slowdown in year-over-year revenue growth for LinkedIn over eight consecutive quarters. Tap the link in our bio to read more. #LinkedIn #Layoffs #EmployeeCuts #RevenueGrowth #WorkforceReduction #TechIndustry #JobMarket #EconomicNews #BusinessChanges #CorporateStrategy #LinkedInNews #EmploymentTrends #TechCompanies #JobCuts #linkedinlayoffs

LinkedIn: I’m breaking down a resume for those affected by layoffs at Twilio last week👇 It's sad to see more layoffs brewing, so I'm looking to see how I can create more example resumes based on people's positions from that company that I find on LinkedIn. I'll do my to do these weekly (Create your resume like this using ResumAI by Wonsulting here: https://bit.ly/3P7VCP7). Let’s break it down below, as I've color coordinated it so you can find out what is what easier👇 💡Red = Action Verbs: Start each experience with an action verb; if it’s in a current position, you can put as present and if past, you put as -ed (Example of great action verbs: Developed, Managed, Streamlined) 💡Orange = Hard Skills: Put the specific hard skills and platform-based skills throughout the resume to show that you fit the job description's qualifications; in the Skills section of your resume, you can also have the skills and match them to your experiences where applicable. Example: Going for a sales role? Show how you surpassed quota or utilized a CRM like Salesforce 💡Green = impact metrics: these are numbers and percentages to showcase impact. How did you get these numbers either through a) asking your peers/managers b) calculated estimations (do not lie!). Example: increasing program efficiency by % and reducing project timeline by %. 💡Cyan = Impact statements before the number/percentages: This showcases if you improved, optimized, or increased xyz. Example: "resulting in an increase in revenue by $" 💡Yellow = soft skills: more broad or simple statements, these are relative to collaboration, providing recommendations, and identifying solutions to potential problems Note: This resume is an example resume we create from information on people's profiles who were laid off from their employer. Let's keep turning underdogs into winners and if you have any questions, feel free to leave them below and follow for more breakdowns👀💡 #JWoW #Wonsulting #JobTips #Resume #StudentVoices

Can we prepare for specific mass layoffs? Turns out we can! Evidently 2 big ones coming soon are Google & Salesforce according to Warn Tracker (see video). This is a great tool to stay ahead of the curve if you’re working for Big Tech or other inter/national corporates. In my assessment the ways to stay fully ahead of the curve are to learn AI prompt engineering better than most, start networking casually with hiring managers at other companies you could see yourself working at next, & working with experts such as Senia Maymin, PhD of Silicon Valley Change Executive Coaching, Alan Stein of Kadima Careers, & Natalie Fisher of Natalie Fisher coaching. Wishing everyone successful futures & careers even in these rapidly changing & often turmultuous times. Together we rise! Video: @jerryjhlee IG #jobseekers #recruitment #masslayoffs #redundancy #jobmarket #trendingtopics #topvoices #warnreport

We all aspire to find fulfillment and success in our professional endeavors, but sometimes our efforts however best might not be enough for mass layoffs. What would you suggest they do? This must be tough for anyone in big tech, we saw the video of the lady in the beginning of the year being laid off just the second week of the year. My friends in Meta formerly Facebook were terrified, he said everyday last year someone gets laid off, the person just gets to work and realises his login access has been revoked. So when you can still login you be like thank God. Such a horrible way to live in fear and uncertainty Cory. But my own take is to start a business. If you are in the Uk a good service to use is https://lnkd.in/e4NbVNY3 But like a friend Robert, mentioned not everyone would be able to start a business, what would you suggest they do? Someone career might be able to take a u-turn with your suggestion Wishing everyone successful futures & careers even in these rapidly changing & often turmultuous times. Together we rise! Follow me and Ring it 🔔 on my profile for more technical and education content!💪🏆 #jobseekers #recruitment #masslayoffs #redundancy #jobmarket #trendingtopics #warnreport #bigTech #google #salesforce #globaltalentvisa PS: if you or your friends need help changing your visa to global talent visa to be able to set up a business. Click the link on my profile to access my superpowers.

Layoff tsunami as pie-in-the-sky leadership plays with people’s lives and then leaves them high and dry. It’s a deep pattern at this point across all industries. Some of it is wishful thinking in careless planning, some of it is copycat behavior, they’re doing it so we’ll do it, some of it is reality sinking in as technology enables companies to do more with less. But all of it hurts people, families, dreams.

Deeply upset for all those impacted by the LinkedIn layoffs yesterday. I'm here to assist & support in any way that I can. Please don't hesitate to reach out for advice, guidance, introductions to connections in my network, references & job leads, or any other help needed. Let's help everyone come out of this stronger. #LinkedInLayoffs

LinkedIn made nearly $6B in ad revenue last year. Not enough to prevent a second round of layoffs, another 700 roles cut, this year. In 2022, for its 310M active monthly users, each brought the company about $5/wk from views and clicks alone. But the tech giant make more off of their premium recruiting and job tools. If you paid for Premium, or your business relied on them for talent, you know none of their services are cheap. And possibly, marginally valuable. For the average professional, scrolling social content is a sufficient-enough time suck. But as a talent service, LinkedIn lacks. Not because they’re incapable, but because their strategy has been to remain gatekeepers and monetize anything actually helpful. That’s fine, as long as your base value isn’t impacted, or maybe you’re testing your model. But LinkedIn is a mature org that has rarely been considered innovative. LinkedIn not only has the resource advantage, it owns the professional networking space, and has been doing so for 20 years. Where talent companies big and small like Indeed, Monster, CareerBuilder, etc. have plenty of data about JDs, talent, or hiring, they don’t have the what LinkedIn has, not to mention it’s community. They aren’t backed by Microsoft either. Plenty of revenue, plenty of active users, and an immutable value proposition….there aren’t many people denying the future of networking or jobs. So why does it need to cut again? They choose to optimize, not to invest. Not to embolden the network with remarkable, AI-backed tools, or an unparalleled understanding of talent. They cut engineering, product, finance, and talent folks, citing “shifts in customer behavior and slower revenue growth.” Yet the result is a promise for more buggy apps, dark patterns, overpriced premium features, and an average career tool attached to a profile. But here we are… #layoffs #tech #workforce #product

After a few years of LinkedIn being a stream of layoffs, it seems like the hiring is picking up and folks are moving around again. Is this a sign of good things to come? It's great to see the job market picking up and people feeling more confident in their career prospects. Let's hope this trend continues and leads to more opportunities for everyone. #jobmarket #hiringtrend #careerprospects