As a result of rising global inflation and the deteriorating global economy, major IT companies have begun laying off workers in order to save costs. In this shorts, we will give you some solid tips to recession-proof your career and how it will help you secure your job in any economy. What is recession? A recession is a period of economic downturn, characterised by a decline in economic activity and employment. It is typically marked by a decrease in gross domestic product (GDP), an increase in unemployment, and a decline in business and consumer confidence. Recessions can be caused by a variety of factors, including financial crises, natural disasters, and policy changes. They can significantly impact individuals, businesses, and entire economies. Couple of pointers to make your career recession proof: Develop a diverse skill set: Having a diverse set of skills can make you more valuable to potential employers and increase your chances of finding work in a variety of industries. Consider taking courses or obtaining certifications in different areas to broaden your skill set. Build a strong network: Having a strong network of professionals in your field can help you stay informed about job opportunities and can also provide support and guidance during difficult times. Attend industry events, join professional organizations, and make an effort to cultivate relationships with your colleagues. Stay current in your field: Keeping up with the latest developments in your industry can help you stay competitive and demonstrate your value to potential employers. Read industry publications, attend conferences and workshops, and consider continuing education opportunities to stay current. ---------------------------------------- About SCALER -------------------------------------------------- A transformative tech school, creating talent with impeccable skills. Upskill and Create Impact. Learn more about Scaler: https://bit.ly/3yxcQNZ 📌 Follow us on Social and be a part of an amazing tech community📌 👉 Meet like-minded coder folks on Discord - https://discord.com/invite/ejFeksEtTq 👉 Tweets you cannot afford to miss out on - https://twitter.com/scaler_official 👉 Check out student success stories, expert opinions, and live classes on Linkedin - https://www.linkedin.com/school/scalerofficial 👉 Explore value-packed reels, carousels and get access to exclusive updates on Instagram - https://www.instagram.com/scaler_official/ 📢 Be a part of our one of a kind telegram community: https://t.me/Scalercommunity 🔔 Hit that bell icon to get notified of all our new videos 🔔 If you liked this video, please don't forget to like and comment. Never miss out on our exclusive videos to help boost your coding career! Subscribe to Scaler now! https://www.youtube.com/Scaler?sub_confirmation=1 #recession #careertips #recessionproof #jobsecurity #itlayoffs #scaler