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In today’s job market, layoffs have become a reality for many professionals, making the role of mentorship more crucial than ever. It’s clear that mentorship is not just about career growth; it’s also about survival. Mentorship can be a practical tool for those trying to secure their careers against the threat of layoffs. By focusing on real strategies that leverage mentorship, we can understand how to make ourselves more resilient and prepared for whatever challenges come our way. Through mentorship, we’re not just looking for a way to survive the storm, but finding the best path forward in an uncertain job landscape.
According to layoff tracker Layoffs.fyi, more than 250,000 tech workers were let go in 2023. This includes from notable tech companies such as TikTok, Airtable, Lyft, and Dell Technologies. In this climate of uncertainty, especially if you’re among the 61% of adults aged 18 to 34 experiencing layoff anxiety, it’s crucial to proactively safeguard your career. As the CEO of your own career path, building resilience and a strong network is essential for navigating periods of organizational turmoil.
When CEOs make tough financial or business decisions, they consider various factors, including the ability to forecast and mitigate risks. This ability differentiates businesses that succeed from those that falter during challenging times. A similar parallel can be drawn in individual careers. The approach and motivations for seeking mentorship have shifted significantly as we enter an election year and face sizable layoffs. Shifting your mentorship focus toward enhancing career resilience can be beneficial. While it’s impossible to guarantee immunity from layoffs (as the reasons can vary across companies and industries and even be affected by what’s going on in the world), it’s evident that those with a stronger network find new opportunities faster than those without.
As you focus on building mentor relationships to forge a fulfilling career, consider mentorship a key strategy in your career planning. Understanding which types of mentors can assist you is crucial. Often, layoffs are not personal, but being prepared and having a supportive network can make a significant difference in your career trajectory.
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