By now Elon Musk’s bizarre layoffs at Twitter are practically a meme, though no one on the receiving end is laughing. And with news of a global recession just months away, millions of employees around the world are anticipating being Musked. Cue fear, insecurity and possible depression.
It’s happened before. In the recession of 2007-09, Ganapathy Ramachandran, a 39-year-old advertising professional then in the UAE, saw rows of abandoned luxury cars near the airport as the laid-off rushed back to their homelands. “It was a rapid downfall—we saw 70-page newspaper editions slim down to 16-18 pages,” he says.
Rais Motelkar, who had quit his job in the ITES field in that period, struggled to find a new one. Corporate lawyer Ami Buddhadev, who was pink-slipped, had to settle for working as an event manager at a much lower salary.
All of them survived. Eventually, they even thrived. And they have solid, actionable advice for those anticipating the dreaded “Invitation to a Zoom call with HR tomorrow at 8.45am”.
This story is from the March 18, 2023 edition of Brunch.
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This story is from the March 18, 2023 edition of Brunch.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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