Favorite post | Microsoft and Google have laid off employees one after another, how to survive the winter of IT employment?

01

The cold winter of the IT industry, the layoffs of Microsoft and Google started

 

Although I don't want to face it, it is not unexpected that Microsoft, a major pension company in Seattle, has also laid off employees.

 

This layoff is not a rumor, not a future tense, but a direct official announcement.

 

In the early morning of January 1, Microsoft officially announced its layoff decision.economic downturn and declining consumer demand,It plans to lay off about 5% of its employees, or 1 people.

 

A notice from the Washington Department of Employment Security shows that starting March 3, Microsoft is expected toAbout 878 jobs will be cut in the Redmond, Bellevue and Issaquah areas.

(Source: CNET)

 

Microsoft's layoffs involve the whole world and will last until the end of the third quarter of fiscal year 2023.Along with layoffs, Microsoft will also be hiring in key strategic areas to maintain its competitiveness.

 

In terms of severance compensation, Microsoft stated that it will pay severance pay higher than the market level, 6 months of medical insurance, stock distribution within 6 months, career transition services and 60 days in advance notice of employees being laid off.

 

(Source: Gettyimages)

In addition to Microsoft, on January 1, Google suddenly announced tens of thousands of layoffs, involving Alphabet, product areas, job functions and regions.This is also the largest layoff in Google's history, accounting for 20% of the total number of employees.

(Source: Seattletimes)

02

Wave of tech layoffs continues

 

In fact, not only Microsoft and Google, but also other major factories and technology companies in the Seattle area that have already started layoffs have not yet completed the process of layoffs.

Notices from the Washington Department of Employment Security show layoffs at other tech companies in the Seattle and Bellevue areas.That includes hundreds of layoffs at Meta to 15 layoffs from Amazon Health in recent months.

Separately, Amazon on Wednesday confirmed its latest round of layoffs in human resources and retail operations, including e-commerce workers.

(Source: Wealth Management)

After telling staff in November that layoffs would continue into the new year, Chief Executive Andy Jassy said in a post that since the cost cuts announced late last year,Amazon still plans to cut more than 1.8 jobs.

According to Bloomberg, this will be the largest layoff in Amazon's history.

According to information released by the Washington State Unemployment Office on January 1, Amazon has now laid off employees at its Puget Sound headquarters.2300, including 1852 in Seattle and 448 in Bellevue.

(Source: About Amazon)

 

Seattle is Amazon's largest campus, with 5.5 employees at its South Lake Union office.Amazon has been on a hiring spree to expand the size of its Puget Sound headquarters.Last summer, the company hit 1 employees in Bellevue.

 

Regarding the placement compensation of laid-off employees, Amazon said that laid-off employees will receive severance pay, severance pay, transition benefits and external employment support.

(Source: CNBC)

03

How to survive the unemployment transition smoothly?

For many people, layoffs are not just about losing a job, but their status and financial status in the United States will also be affected.Here we have compiled some tips, hoping to help you get through the unemployment period safely.

(Source: Inc. Magazine)

1

About H1B status

After the H-1B visa is drawn, there is6 year valid, and the validity period will not "disappear" because the holder loses his job or leaves the country.Even if the holder leaves the United States or changes to another status, as long as he can find a new employer willing to provide H-1B, he can skip the lottery process and continue to use the unused H-1B.

(Source: Business Because)

Friends who are still holding H1B for work should pay attention, once they are laid off, the visa can only be60-day grace period (Grace Period), the grace period is calculated from the receipt of the last pay stub from the original employer.

After 60 days ifDid not find a job or changed to another legal status,Forced to leave the United States.

2

"Curve to save the country" some suggestions for finding a job

One, start casting resumes immediately.

You can try some companies with low salary and little reputation.Clearly explain your current situation and Timeline during the interview, and seize the opportunity.

(Source: Robert Half)

Second, start the H1B Transfer Case as soon as you have a job.

It is recommended to use premium processing for expedited processing. If the new company is unwilling, you can propose expedited processing at your own expense.The normal H1B transfer process takes 1-4 months.Even with premium processing, it will take 15-30 days.

Third, if you really do not find a job and want to leave the United States:

Those who have entrepreneurial ideas can apply for the outstanding talent O1 visa.

First go to work in the branch of the cross-border company in other countries, and then get the L1 visa to return to the United States.

Continue to study in the United States to get a degree, transfer to F1 visa, and then find a job through OPT/CPT.

(Source: Diginomica)

To switch from H1B to B1/B2 tourist visa, you must apply within the grace period.After finding a suitable job, you can transfer back to H1B, as long as the H1B has not exceeded six years.However, since the two visas belong to different agencies (USCIS and DOS), status conversion has the risk of affecting future visa and status review.

If you have a spouse with independent status, you can apply to convert to a spouse visa.If you apply to be converted into a spouse's family status in the United States, such as F-2, H-4, etc., you can continue to stay in the United States legally to find a job.After finding a new job, just ask the new employer to submit the H-1B application for you.

3

How to deal with existing loans?

Regardless of the type of loan you are dealing with, you shouldContact Lenders After Losing a Job.Many creditors and issuers have hardship programs in place when you are going through an emergency such as losing a job.

You can contact your credit card issuer, auto loan provider, or mortgage company to see what options are right for you and can help ease your financial stress.

(Source: military.com)

If you can't adjust your existing loan, see if you qualifyRefinance.Refinancing can lower monthly payments and interest rates.While it will extend the term of the loan, lower repayments may help you.

(Image source: Forbes)

4

Practical job search website recommendation

Job hunting information website

Glassdoor

Company information: such as employee evaluation, salary level, interview experience, etc.

https://www.glassdoor.com/index.htm

(Source: glassdoor.com)

The Muse

Interview Skills / Resume Editing

https://www.themuse.com/

(Source: Ladders)

Monster

Job Search Resources/Resume Editing

https://www.monster.com/

(Source: Monster Jobs)

MyVisaJobs

Company H1B Sponsorship Inquiry

https://www.myvisajobs.com/

(Source: myvisajobs.com)

Job recruitment website

School recruitment websites of various companies

(Source: Wikimedia Commons)

Indeed

Comprehensive job search site

https://www.indeed.com/

(Source: Indeed)

Triplebyte

A full-time recruitment site dedicated to coders

https://go.qingdan.nyc/triplebyte

(Source: Triplebyte)

LinkedIn

Comprehensive job search platform

https://www.linkedin.com/

(Source: Kinesis)

Wayup

A job search site mainly for New Grads

https://www.wayup.com/

(Source: wayup.com)

Hired

Tech industry-focused job site

https://go.qingdan.nyc/hired-com

(Source: hired.com)

 

参考资料

 

https://www.qingdan.nyc/blog/website-you-need-when-looking-for-a-job

https://nyislaw.com/zh/h-1b%E8%A2%AB%E8%A3%81%E5%91%98/

https://komonews.com/news/local/microsoft-announce-job-cuts-amazon-continues-layoffs-meta-tech-fired-washington-employment-recession-puget-sound-company-human-resources-technology-employee-commerce-andy-jassy-retail-business-consumer-demand-community

https://www.seattletimes.com/business/amazon-handing-out-pink-slips-as-next-round-of-layoffs-kicks-off/

https://financebuzz.com/lost-job-cant-pay-bills


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