The Time to Prepare for Your Next IT Layoff is Now

It might seem completely counterintuitive, but because information technology is a generally robust field at the moment, it would behoove IT professionals to take time now to prep themselves for layoffs.  This is not a doomsday prediction for IT staffing firms or IT contractors.  Hopefully the next recession is many years off.  However, it’s best for IT recruiters and IT consultants to prepare for layoffs and hard times on the job market far in advance of when they hit.

The first thing people can do to prepare themselves is to polish their resumes and other job hunting materials.  Making sure to have ideas of great references in mind, if not actually asking IT managers if they are willing to act as a reference should you need it, is just as important as having a spotless resume.  When these materials are perfect, it’s not a bad idea to find IT staffing firms that you want to establish relationships with for when times are hard. Having IT headhunters who already have your materials and needs in mind, even if they’re not actively marketing you, is not a bad thing

Beyond prepping job hunting materials, there is also the very important matter of prepping a financial cushion for emergencies.  Having 3 months of living expenses in savings is great.  Having 6 months of living expenses in savings is better.  No matter what field you’re in, or how well it’s doing, you can never be too careful.

The Time to Prepare for Your Next IT Layoff is Now

It might seem completely counterintuitive, but because information technology is a generally robust field at the moment, it would behoove IT professionals to take time now to prep themselves for layoffs.  This is not a doomsday prediction for IT staffing firms or IT contractors.  Hopefully the next recession is many years off.  However, it’s best for IT recruiters and IT consultants to prepare for layoffs and hard times on the job market far in advance of when they hit.

The first thing people can do to prepare themselves is to polish their resumes and other job hunting materials.  Making sure to have ideas of great references in mind, if not actually asking IT managers if they are willing to act as a reference should you need it, is just as important as having a spotless resume.  When these materials are perfect, it’s not a bad idea to find IT staffing firms that you want to establish relationships with for when times are hard. Having IT headhunters who already have your materials and needs in mind, even if they’re not actively marketing you, is not a bad thing

Beyond prepping job hunting materials, there is also the very important matter of prepping a financial cushion for emergencies.  Having 3 months of living expenses in savings is great.  Having 6 months of living expenses in savings is better.  No matter what field you’re in, or how well it’s doing, you can never be too careful.