Low morale, broken trust: How companies can help their employees during layoffs

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A top-earning sales professional went on an incentive trip to a European country. She came home and was fired. Read more at straitstimes.com.

SINGAPORE - Analytics head Jaden , who was named Most Valuable Player as an employee of online marketplace Carousell in 2021, could not believe it when he was laid off barely a year later.

“I was not really in the mood to do much, to be honest,” she said. “But after a while, I snapped out of it. And that’s when I went back into action to look for jobs.” She soon found a new job in March as a project manager in tech – one of many in the sector who remain highly sought after even as the global tech industry grappled with job cuts, according to theNearly seven in 10 of all vacancies in information and communications in 2022 were new positions – the highest level across all sectors for the third year running.

To those facing layoff anxiety, his advice is to not to overthink and to focus on what they can control. “So when the writing is on the wall, for example, being excluded from meetings that you are usually required to attend – brace yourself, get your resume ready, and continue networking.” Another vulnerable group are those on employment permits who are providing for their family, as they have to relocate if they are unable to find another job, said Ms Kiki Mohan, a psychotherapist at Alliance Counselling. The centre holds free monthly online support group sessions for people experiencing job loss.

 

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