New to the recession?
Brunch|March 18, 2023
Update your CV, tap into old networks, upskill. A downturn is coming. Those who lived through the last one have the best survival tips
Nasrin Modak Siddiqi
New to the recession?

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”.

هذه القصة مأخوذة من طبعة March 18, 2023 من Brunch.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة March 18, 2023 من Brunch.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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