Hi,

I unfortunately missed this event last evening: <https://www.linkedin.com/events/7004368894433918976/about/>.

I would really appreciate someone highlighting the biggest takeaways.

I'm especially interested in the question "Switching jobs in the poor economy: good or bad idea?" but key points from other topics would be helpful too.

Thank you so much!

Missed the LinkedIn Live Event about 2023 tech industry changes: Could someone please summarize the key points?

Taro Community

Anonymous User

> Switching jobs in the poor economy: good or bad idea?

Unfortunately, we didn't talk about this topic too much - This session was very ad-hoc and had 0 planning. So I'll chime in on this.

As always, I believe in *putting yourself in a position to get lucky*. If you have spare time here and there, you aren't in love with your current job, and you're able to get good opportunities, I think there's nothing wrong with following up and seeing if you can land something.

However, this economy changes 2 things:

1. **You should cherish a good team more** - In the economy of 2018 - 2021 in particular, you could switch jobs regularly and get far more money quite easily. It was very much a employee-favored economy as opposed to an employer-favored one. This is not the case anymore as the supply of top-tier tech jobs is way too small to satisfy demand from competent job-seeking engineers. If you're already on a supportive team that satisfies your needs, consider staying on it more strongly.
2. **Relationships are far more important** - The people who fare well in a layoff-rich climate are those with deep networks full of people willing to go to bat for them. You can't build a rich network if you job switch every 1.5 years. To have truly powerful connections, you need to stay on a team for 2+ years and build presence. This is another reason it's better to stay at one place longer. [Here's our expert career advice on effectively networking within your organization](https://link.jointaro.com/Hr1nr53D7sfQAEv3A).

In terms of what was covered:

- *Those working in core areas like system stability (e.g. SREs) will be safer in the current climate.* "Nice-to-haves" will be cut. [Here's our expert career advice on how to do well in a layoff-rich climate](https://link.jointaro.com/UxR98SYgiFKoAoP88).
- *ChatGPT and AI will not replace you as an engineer if you're a high-performing one and not a commodity coder.* Here are [my in-depth thoughts around what makes a truly high-performer software engineer](https://link.jointaro.com/C2buzEzWFQH7abko9).
- *Side projects are incredibly powerful for career advancement.* Zach likes Magic: the Gathering so he built a small app to maintain decklists that got 100k+ users. I have done something similar repeatedly, publishing \~30 apps for fun that have gotten 3 million users combined. You can learn more about how to build effective side projects [in our video here](https://link.jointaro.com/Ct6yVk7Uu43WWf3Z9).

Robinhood, Meta, Course Hero, PayPal

Alex Chiou

Tech has one of the highest rates of job switching, making this skill incredibly high-leverage and vital to master. Understand what it takes to convince companies you are strongly competent.

Layoffs are the temporary suspension or permanent termination of a group of employees for business reasons, such as personnel management or downsizing an organization.

The first step to career growth is to choose a good team that works for you and your goals. The career advice here teaches you how to do just that.

Missed the LinkedIn Live Event about 2023 tech industry changes: Could someone please summarize the key points?

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