 Google layer of 12,000 employees and Microsoft layer of 10,000 employees and Paypal just announced like a 17% of the employees those kind of big tech layer happens every single day and every single week all those new sounds extremely scary and stressful and actually leading to like mental health issues nowadays but what I want to understand in this video is that there are still opportunities you just need to apply the top five strategies and I share with you guys that is able to help you increase your success with learning your next job very quickly during a recession the same five strategies you share with you in this video has also been proven in use by my students such as Sherry Winn who was laid off by Robin Hood and quickly land five offers within seven weeks and also Priyanka she's a new mom with a three months old baby would lay off and also quickly land her PM job within one month as well so make sure you take lots of notes and watch this video multiple times so that you're able to apply the same strategies even if you lay off you can achieve better outcome as well make sure to stay until the end of the video where I'm gonna share with you how to improve yourself and then yourself during high stress hi guys this is Dr. Nancy Lee a direct product and featured in Forbes I've helped 100 people land their dream PM job offer in fan companies and unicorn startup and continue to get promoted as a product leader if you interest in management course please go to PM XR DIO to learn more to learn the most effective way to be popular manager please make sure to subscribe channel and hit the like button to be notified every time and turn on the video every Wednesday now strategy number one don't blame yourself even if you were laid off because mental health is a foundation for you to push yourself forward to land your next job first of all let's understand the meaning of layoff layoff means that the company reduce the workforce of the employees but it's independent of their performance which means that when you are laid off has nothing to do with you being a good employee or bad employee it's all about the economy the recession so you should be proud of self instead of getting depressed feel like you don't worth it because the economy situation is totally out of control what you can control is what you can focus on and actually I love to share some personal failure because I personally went through two economical downturn one is 2008 recession the other one is April 2020 the hiring freeze at beginning of the pandemic I literally let my mind took over me even if I had all the skills I needed to land the next job for example during the 2008 recession all company layoff employees at the time I also need HMB sponsorship and I just graduate with my PhD program and I feel like there is no opportunities for me because I know experience no visa no green card and limited time for me to land a job guess what I start to become very depressed feel like I don't worth it and I end up hurting myself it's crazy so we just like walking on the street trip myself and I end up want to interview on crashes you can see the pictures here right 10 years ago went to interviews on crashes but until I started to tell myself give myself a permission saying that it's okay the economical environment is not doing well but I know what to do and I can give so much value to the employer that's when I start invent those five strategies and start to teach myself and start to accelerate my job hunting journey and towards the end I was still able to land three job offers during 2008 recession so therefore I recommend all of you guys do not stress out but focus on the right strategy which I'm going to share with you right here strategy number two is understand the market trends during recessions and layoffs guess what it is true right now majority of fan companies they had layoffs and Google Microsoft different kind of big company layoff and the number of layoffs also increase the competitiveness of the market because all of a sudden they Google hundreds of Google product managers and hundreds people from meta looking for job competing with all of you guys just felt as impossible however you need to understand where to find those opportunities in this case majority of the job openings actually come from small million companies those are fast growing startups for example we have a student land a pre-IPO startup offer and the company is going to IPO in Q2 2023 so still good opportunities for you to join the next Google even if we're going through a recession now you may ask me this question Nancy is there opportunities still in fan company should I just come and give up no because you need to look into the contracting position within fan companies for example in the first two weeks of February and our students still land two fan offers one is from meta but it's a contracting position within meta because meta doesn't have a full-time head come right now but they still need to grow certain part of the vision so the recruiters actually proactive reach out to my students and say hey do you want to interview for meta so the still opportunities out there for fan companies but it's more like contracting position the other offer we had in the last few weeks is also the Amazon L6 PM internship position out there so they're still hiring interns and therefore I want you guys to figure out maybe contracting position some different kind of other positions in fan companies you can start to experiment strategy number three is to position yourself strategically now position is very critical because right now you are competing with Google layer PMS or meta layup like people the market is so competitive regardless you're applying for product manager positions or customer success positions so many competition out there so how to position yourself in this overcompetent market is four in the three things number one you're able to increase your successory significantly if you go after your competitors company because you're able to immediately help your competitor to build a better product and your current company who lay you off number two find a company that can leverage your unique skill set for example if your skill set is an AI running integration with chat GBT and need companies regardless of the industry as long as they're working on something AI or something to do with chat GBT they are more than happy to hire you even if you didn't work for Google or meta number three is leverage your industry knowledge I like to emphasize regarding the importance of industry knowledge for example if a position is looking for payment per manager even if there's a Google per manager working for self-driving car he doesn't have the payment industry knowledge so self-driving car per manager is not a good fit for the payment industry the fit tech industry so it's company different ballgame so if I were you regardless you have a per manager title or customer success title I want to think about the unique industry knowledge you have that you can bring in to your new employers immediately to add value to them I have a question for you do you know someone who is lay off and unemployed right now you really need to like this video and share this video with those people because you're able to change so many people's lives strategy number four is to highlight your achievement on your resume I emphasize this multiple times in my video where talk about the interview tips you should watch this video end-to-end and take lots of notes but lots people forget to apply the achievement session on their resume on each of your resume you should describe your resume as achievement session and rose responsibilities most 99% of candidates only talk about rose responsibilities for God to talk about their achievements let me give you a specific example regarding what kind of achievement you can write on your resume long three medium worth of e-commerce products in collaboration with fortune-fisher companies within six months reduce for the launch and onboarding timeline by 51% after prioritizing backlogs and new features with engineers if you do not put those kind of achievement you cannot stand out from the competition so therefore I recommend everybody to go to this website we're able to download up key to partner manager resume template that be used by 7000 partner managers to enhance the skills to get way more interviews than other candidate make sure to go to this website and also I'm going to link it in the description as well strategy number five is find a coach to provide customized advice when there's a loss of stress going on it's very important you need to check in with someone who are much more experiencing you and tell you what went wrong in your job application process the third party validation is help you to guide you through the process to understand what went wrong and actually if you continue to stay in the same level without improving yourself is very risky because you are eventually running out of time and running out of opportunities and the importance of being a coach is also going to help you to improve your mental mindset because a good coach is able to motivate you build yourself confidence and tell you that you're worth it and this is reality and here's a room for improvement and you are able to make it happen and I personally made it $32,000 in coaching last year to help me to improve my mindset and strategy so therefore I recommend all the guy to find any paid coaches non-paid coaches and continue to help you to survive in this upcoming winter if you're interested in coaching make sure to go visit our website PM XR DIO to learn more if you have any upcoming interviews make sure to watch a sample interview questions playlist right here and get ready now those interviews make sure to like this video and subscribe to channel I wish all of you guys good luck in your upcoming job hunking journey can be posted this is Dr. New City from PM XR DIO