I'm in a different industry sector (banking) vs probably most here. Spent ~20 years in investment banking doing acquisition financing. Left in late 2022 to do private loans to owners of pre-IPO companies (read: founders of tech companies). Was laid off as part of a corporate downsizing in May of this year.
I'll tell you it's extraordinarily challenging out there. I've probably sent upwards of 400 resumes for what looked like promising jobs on LinkedIn. I've gone through my entire network probably two times over, looking for leads to new jobs. I've gone to networking events as often as I can. I've even offered, during interviews, to take a step back career-wise just to get a job. And I'm still empty handed.
So, that adage of "6 months to get a new job?"... I'd suggest that if you're at risk for a layoff or in an industry with a lot of upheaval, I'd consider a buffer of 9-12 months.
I'll tell you it's extraordinarily challenging out there. I've probably sent upwards of 400 resumes for what looked like promising jobs on LinkedIn. I've gone through my entire network probably two times over, looking for leads to new jobs. I've gone to networking events as often as I can. I've even offered, during interviews, to take a step back career-wise just to get a job. And I'm still empty handed.
So, that adage of "6 months to get a new job?"... I'd suggest that if you're at risk for a layoff or in an industry with a lot of upheaval, I'd consider a buffer of 9-12 months.