When Layoffs Create Opportunities

Bernadette Hill

March 21, 2023

Big Tech is in a weird place. 


Although Big Tech experienced tremendous growth over the last few years, it was only a matter of time before that growth bubble burst. Now, lately, it seems that every other week there is a mass layoff. It’s hard not to think of the thousands of professionals who invested their time and efforts into a company that released them in order to save their bottom line. One can only imagine the fear and hurt these former employees must feel when they’re left with a few month’s severance and well wishes.


The interesting part of this unfortunate and unexpected situation though, is that it seems that those who have been laid off from Big Tech are finding new employment rather quickly. This is due in part to opportunities in sectors apart from tech; many of which include Small and Medium Businesses (SMBs). These industries include, but are not limited to, healthcare, finance, nonprofit, government, education, and hospitality. While Big Tech is downsizing, it appears every other industry is hiring aggressively; akin to how Big Tech was hiring through 2021 and 2022. Big Tech taking a step back opens the door for companies in other industries to have their chance at top talent. 


There are some things to consider, however, before going after this new talent.


Be ready to innovate

The professionals that have lost their roles in Big Tech still have the sharp and innovative minds that create change and lay the foundation for businesses to grow. At one point, these Big Tech companies were SMBs, employing the same minds that may have been laid off in these last several weeks. These folks likely aren’t looking to remain stagnant, so if your company is not ready to work with forward-thinking, driven, and passionate individuals ready to make a difference, don’t go looking for them

Improve your offerings

Ensure that you have paths for growth and a way for your team members to make a real impact on something meaningful. The talent coming from Big Tech is used to top tier benefits, compensation, and offerings in general. Although there may be slightly less competition, you will likely have to improve your offerings in order to land these professionals. Evaluate what you can bring to the table, and request assistance if you think there is an opportunity to really innovate with the technology at your organization. 


Don’t overdo it

Yes, hiring may become slightly easier with an influx of available quality talent, but do ensure that every position you hire for is absolutely needed. It is likely that you’re in an industry that’s experienced more stability than the tech sector, and that may be what’s attracting these newly available candidates to you. But overhiring will undoubtedly backfire, put those same candidates right back where they started, and set you in a weird place just like Big Tech.


The job market has been a roller coaster over the past three years since the pandemic. The Big Tech layoffs are just another wild twist. Perhaps it is the nature of the job market to be unpredictable. With that in mind, it pays to find ways to thrive amidst the chaos. Companies outside the tech sector, and SMBs used to living in the shadow of Big Tech, are having their moment in the sun while they reap the benefit of available talent. It may not always be your turn to thrive, as Big Tech has now shown, but, just like the path of a roller coaster, it will all come back around. 




Share This Post!

Talent Tap Trends & Insights | Lancaster, PA

By Bernadette Hill March 21, 2025
Hard times happen. Whether it’s a global or national crisis, workplace challenges, or personal struggles, your employees are feeling it. And when stress levels rise, how leadership responds makes all the difference. The good news? You don’t need all the answers—you just need to show up for your team in the right way. Clear communication, genuine support, and a little flexibility can go a long way in keeping morale up and productivity steady. Here’s how you can steer the ship through choppy waters to eventual smoother sailing. Keep It Real with Communication Be upfront—let your team know what’s going on, whether it’s a big crisis or a smaller challenge. A lack of transparency fuels anxiety, rumors and increases employee turnover. Keep everyone in the loop with regular updates so they know leadership has a plan. Listen! Make sure employees feel heard and that their concerns matter. Consider Q&A sessions during company meetings, encourage participation in employee surveys and support management to have one-on-one lunches with their direct reports. Take Care of Their Well-being Implement or beef up your company’s mental health resources, like counseling or wellness programs, to help manage stress. Encourage a healthy work-life balance—remind people to take breaks! Show empathy—let employees know you genuinely care about them as people, not just workers. Be Flexible & Adaptable If possible, allow flexible work hours or remote work to help employees juggle personal challenges. Recognize that everyone’s situation is different—some may need adjusted workloads or extra time off. Show Appreciation Celebrate small wins! Even in tough times, recognizing achievements keeps morale up. Give public shout-outs—sometimes, a simple “thank you” goes a long way. Consider small rewards (bonuses, gift cards, or extra time off) to show you value their hard work.  The bottom line? Open communication, empathy, flexibility, and appreciation go a long way in keeping your team motivated and supported.
By Bernadette Hill March 17, 2025
A well written resume can help get you in the door at a prospective employer, while a poorly written one with easily fixable mistakes can eliminate you from the position right away. You might have the perfect qualifications for the job, but if you have mistakes on your resume you might not get the chance to show those skills off. Here are 3 common mistakes that we see on resumes: 1. Spelling and grammar mistakes are the most common, and the easiest to fix. Run spell check on your resume to catch whatever you’ve missed. Read your resume out loud several times to hear how it sounds. And have others review your resume. The more eyes that view it, the better. 2. Not putting the months of employment on your resume. When you just put the years, for example 2019-2020, your potential employer does not know if you’ve been there for two months or a full year. This can be very frustrating and sometimes leads the employer to pass over your resume. 3. Not customizing your resume for the position you are applying for. We often see objectives that don’t match the job that’s being applied for. For example, if you’re applying for a job in compliance, don’t list your objective as “looking to utilize my skills in human resources”. If an employer reads that, you will be rejected right away. Also be sure to match your skills on your resume to those that the employer is looking for. But don’t fudge your skills! You never want to lie on a resume, you will be caught eventually. A little extra time to thoughtfully format and edit your resume will increase your chances of landing that desired interview!
More Blog Posts
Share by: