Google layer of 12,000 employees, a Microsoft layer of 10,000 employees, and paid out just announced a layer of 17% of the employees. Those kind of big tech layer happens every single day and every single week. All those new sounds extremely scary and stressful and actually leading to like mental health issues nowadays. But what I want to understand in this video is that there's still opportunities, you just need to apply to top five strategies and I'm going to share with you guys, like it's able to help you increase your success with learning your next job very quickly during a recession. The same five strategy issue with you in this video has also been proven in use by my students, such as Sherry Wynn, who was laid out by Robin Hood and quickly land five offers within seven weeks. And also Priyanka, she's a new mom with a three months old baby, would lay off and also quickly land her PM job within one month as well. So make sure you take lots of notes and watch this video a month for time so that you're able to apply the same strategies, even if you lay off, you can achieve better outcome as well. Make sure to stay until the end of the video where I'm going to share with you how to improve yourself and then yourself during high stress. Hi guys, this is Dr. Nancy Lee, a direct product and feature in Forbes. I've held hundreds of people messaging PM job offers in fan companies and unicorn startups and continue to get promoted as a product leader. If you're interested in your management course, please go to PMXR.io to learn more. To learn the most effective way to become a pilot manager, please make sure to subscribe to our channel and hit the like button so that you don't find every time I turn on the video every Wednesday. Now, strategy number one, don't blame yourself even if you were laid off because mental helps is a foundation for you to push yourself forward to land your next job. First of all, let's understand the meaning of layoff. Layoff means that the company reduces the workforce of the employees, but it's independent of their performance, which means that when you are laid off as nothing to do with you being a good employee or bad employee, it's all about the economy, the recession. So you should be proud of yourself inside of getting depressed, feel like you don't worth it because the economy situation is totally out of control. What you can control is what you can focus on and actually add up to share some personal failure because I personally went through two economical downturn. One is 2.0A recession. The other one is April 2020, the hiring freeze at beginning of the pandemic. Finally, let's reload my mind, took over me. Even if I had all the skills, I needed to land the next job. For example, during the 2.0A recession, all company layoff employees. At the time, I also need a Trump B sponsorship and I just graduated with my PhD program and I feel like there's no opportunities for me because I have no experience, no visa, no green card and limited time for me to land the job. Guess what? I started to become very depressed, feel like I don't worth it, and I end up hurting myself. It's crazy. So we just like walking on the street, trip myself, and I end up wanting to interview on crashes. You can see the pictures here, right? 10 years ago, went to interviews on crashes. But until I started to tell myself, give myself a permission, it's okay, the economical environment is not doing well, but I know what to do and I can give so much value to the employer. That's when I started inventing 5 strategies and started teaching myself and started accelerating my job hunting journey. And towards the end, I was still able to land 3 job offers during the 2.0A recession. So therefore, I recommend all of you guys do not stress out but focus on the right strategy, which I'm going to share with you right here. Strategy number 2 is understand the market trends during recessions and layoffs. Guess what? It is true right now, majority of the bank companies, they have layoffs and Google Microsoft, different kind of big company layoffs. And the number of layoffs also increase the competitiveness of the market because all of a sudden, they Google hundreds of Google product managers, hundreds of people from meta looking for job competing with all of you guys, just feel as impossible, however, you need to understand where to find those opportunities. In this case, majority of job openings actually come from small meeting companies, those are fast growing startups. For example, we have a student land, a pre IPO startup offer and the company is going to IPO in Q2 2023. So it's still good opportunities for you to join the next Google, even if we're going through a recession. Now you may ask me this question, can you see, is there opportunity still in bank companies, should I just come to give up? No, because you need to look into the contracting position within bank companies. For example, in the first two weeks of February and our student's still land, two firm offers, one is from meta, but it's a contracting position within meta because meta doesn't have a full time hack up right now, but they still need to grow certain product division. So the recruiters actually proactively shout to my students, say, hey, do you want to interview full meta? So there's still opportunities out there for bank companies, but it's more like contracting position. The other offer we had in the last two weeks is also the Amazon L6 PM internship position out there. So there's still highly interns, and therefore I want you guys to figure out maybe contracting positions of different kind of other positions in bank companies, you can start to experiment. Strangely number three is to position yourself strategically. Now, positioning is very critical because right now you are competing with Google L6 PMs or meta L6 like people. The market is so competitive regardless, you're applying for a financial position or customer success positions. So many competition out there. So how to position yourself in this over-competitive market is for the three things. Number one, you're able to increase your success risk significantly if you go after your competitors company, because you're able to immediately help your competitors build a better product and your current company who will A.O.R. Number two, finding a company that can leverage a unique scale set. For example, if your scale set is in AI, running integration with chat GBT, any companies, regardless of the industry, as long as they're working on something AI or something to do with chat GBT, they are more than happy to hire you even if you didn't work for Google or meta. Number three, it's leverage your industry knowledge. I like to emphasize regarding the importance of industry knowledge. For example, if a position is looking for payment per manager, even if there's a Google per manager working for self-driving car, he doesn't have to pay an industry knowledge. So self-driving car per manager is not a good fit for the payment industry, the fintech industry. So it's a company with different ball game. So if I were you, regardless, you have a parameter title or customer success title. I want you to think about the unique industry knowledge you have that you can't bring in to your new employers immediately to add value to them. I have a question for you. Do you know someone who is laid off and unemployed right now? You really need to like this video and share this video with those people because you're able to change so many people's lives. Strategy number four is to highlight your achievement on your resume. I emphasize this multiple times in my video where talk about the interview tips you should watch this video end to end and take to also notes. But last people forget to apply the achievement session on their resume. On each of your resume, you should describe your resume as a achievement session and rose responsibility. Most 99% candidate only talk about rose responsibilities for God to talk about their achievement. Let me give you a specific example regarding what kind of achievement you can write on your resume. Long three medium words of e-commerce products in collaboration with FortuneFragile companies within six months. Reduced by a lunch and onboarding timeline by 51% after prioritizing backlogs and new features with engineers. If you do not put those kind of achievement, you cannot stand out from the competition. So therefore, I recommend everybody to go to this website. We are able to download the Keter Potomaniacier Resume Template that be used by 7,000 Potomaniacers to enhance their skills, to get way more interviews and other candidates. Make sure to go to this website and also I'm going to link it in the description as well. Strategy number five is find a coach to provide customized advice. When there's a loss of stress going on, it's very important you need to check in with someone who are much more experienced and you can tell you what will run in your job application process. The third party validation is help you to guide you through the process to understand what will run and actually if you continue staying in the same level without improving yourself, it's very risky because you are eventually running all the time and running all of opportunities. And the importance of being a coach is also going to help you to improve your mindset. Because a good coach is able to motivate you, build yourself confidence and tell you that you worth it and this is a reality and here's a room for improvement and you are able to make it happen. And I personally met at 32,000 dollars in coaching last year to help me to improve my mindset and strategy. So therefore, I recommend all of you guys to find any paid coaches, non-paid coaches to continue to help you to survive in this upcoming winter. If you're interested in coaching, make sure to go visit our website PMXR.io to learn more. If you have any upcoming interviews, make sure to watch a sample interview questions playlist right here and get ready to nail those interviews. Make sure to like this video and subscribe to channel. I wish all of you guys good luck in your upcoming job hunting journey. Kimi Poste, this is Dr. Nian Sidi from PMXR.io.