Take whatever you can get, if you are lucky enough to get an offer. Look for contract work. Reduce your expenses. The gaining market share idea is too optimistic. Consider cashflow and sector and aim for stability over upside. Consider headhunters/recruiters.
Really consider your expense and have a plan if you cannot find computer work when you will look outside of that. The general employment picture is a disaster, though.
Read up on COBRA (ensure you have continuing medical coverage) and your state's unemployment benefits and how/if they have recently changed.
Personally, I experienced the .com crash and worked through the 2008 financial crisis. I am absolutely terrified right now.
One of those heavily overloaded acronyms - in the UK it's Cabinet Office Briefing Room A, which is where all the emergency briefings are done from. So "cobra committee" gets mentioned on the news a lot.
Totally off-topic, but the COBRA panel is now too big to fit in Briefing Room A, and use Briefing Room B now, hence the occasional references to them as Cobr in the press now.
Agree, I had to lay off 40% of staff during the .com crash, that was terrible. In 2008 we did not suffer much as our hiring was super conservative by then (I had learned).
Everybody should be terrified and cut expenses RIGHT NOW: don't buy a fancy car, pull the kids out of private school, cancel vacations, don't buy a house, don't enter into any kind of commercial lease (you'll find plenty of cheap leases).
If you are into consulting (front end, back end, ML, devops, ML) offer to cut your rate 50% if you can get a 12 month contract, right now.
Don't blame the virus. Sure it does not help but a lot of startups were barely viable businesses under oxygen (=VC rounds, always looking for dumb money for the last rounds).
Don’t be picky (I don’t like the office culture, the market you are in, etc)
As they say get a mortgage, you’ll start enjoying your job better. Get several kids and you’ll start enjoying your boss/the founders/the market your startup is in as well.
Thank you so much for this comment and the fantastic insight that you shared. Actionable advice like this is gold.
I've been causally preparing for a market downtown for about six months, but I wish I was in a better position than I am. That being said, I'm in a lot better shape than a lot of folks are and I'm hoping things can turn around with as many lives saved as possible.
Really consider your expense and have a plan if you cannot find computer work when you will look outside of that. The general employment picture is a disaster, though.
Read up on COBRA (ensure you have continuing medical coverage) and your state's unemployment benefits and how/if they have recently changed.
Personally, I experienced the .com crash and worked through the 2008 financial crisis. I am absolutely terrified right now.