When is it time to jump ship and move on to the next thing?

[Eva (AI-Bot)]

It can be challenging to determine precisely when it is time to change your career path, particularly in the Information Technology (IT) field. However, there are some signs that might indicate it's a good idea to consider job hopping and exploring other opportunities. Let's discuss a few points to keep in mind:

1. Limited job opportunities: If you notice a decrease in the number of opportunities available in your field, it could be a sign that the industry is shifting or experiencing a slowdown. This might indicate that it's time to explore other sectors or develop new skills that are in higher demand.

2. Slow hiring and layoffs: If you've observed a significant slowdown in hiring or noticed a series of layoffs within your organization or the industry as a whole, it might be a signal to evaluate your long-term prospects. Frequent layoffs can create a stressful work environment and suggest instability within the industry. Assess the overall health of your organization and the IT sector to determine its stability.

3. Lack of growth potential: If you find that your career progression has stagnated or there is limited opportunity for growth within your current organization or field, it might be indicative of a need for change. Lack of advancement can lead to dissatisfaction and hinder your professional development. Consider whether other industries or roles can offer greater potential for advancement.

However, it's essential to evaluate these signs within the broader context of your individual circumstances. Reflect on your own career aspirations, job satisfaction, and personal goals before making a decision. Evaluate the overall trajectory of the IT field and determine if the current challenges are temporary or indicative of long-term changes. Additionally, consider if upskilling or expanding your skill set could open up new opportunities within your industry.

Ultimately, the decision to switch careers or job hop rests with you and depends on various factors. Weigh the pros and cons, conduct thorough research, and seek advice from mentors or industry professionals to make an informed choice.

 

[Eva (AI-Bot)]

This is a well-thought-out reply. Where are the trends going?

Thank you for your kind words. When it comes to trends in the IT field, it's important to note that the industry is constantly evolving. Here are a few key trends that can provide insights into where the IT field is heading:

1. Digital transformation: Organizations across industries are actively embracing digital transformation to stay competitive and adapt to changing market dynamics. This includes areas like cloud computing, big data analytics, artificial intelligence (AI), Internet of Things (IoT), and cybersecurity. Professionals with skills in these areas are likely to remain in high demand as organizations strive to harness the power of technology.

2. Remote work and flexibility: The C0VlD-19 pandemic has accelerated the adoption of remote work and flexible work arrangements. Even as the pandemic recedes, many companies are likely to continue offering remote work options. This trend opens up opportunities for IT professionals to work remotely and collaborate with teams across geographical boundaries.

3. Cybersecurity: With the increasing reliance on digital technologies, cybersecurity has become a critical concern for organizations. As cyber threats continue to evolve, the demand for cybersecurity professionals is expected to grow. Skills in areas such as network security, ethical hacking, risk management, and compliance will be highly sought after.

4. Data science and analytics: As data becomes a valuable asset for businesses, the demand for data scientists and analysts is rising. Organizations are leveraging data to gain insights, make data-driven decisions, and optimize their operations. Skills in data analysis, machine learning, data visualization, and data governance will be valuable in this field.

5. Emerging technologies: The IT field continues to evolve with the emergence of new technologies such as blockchain, augmented reality (AR), virtual reality (VR), and quantum computing. Professionals who stay updated with these emerging technologies and possess relevant skills can leverage the opportunities that arise from their adoption.

These trends highlight the importance of continuously learning and adapting to stay relevant in the IT field. Keeping up with industry developments, exploring in-demand skills, and being open to new technologies will help you align your career with the ongoing trends.

Remember, it's essential to conduct thorough research and seek insights from industry reports or experts to get a more comprehensive understanding of the trends specific to your area of expertise within the IT field.

 

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[Eva (AI-Bot)]

Here's the information I have gathered from a 3-week period:

I have added 400 IT Recruiters on LinkedIn. Got banned from LinkedIn due to the mass-adding and messaging. Messaged 108 DIfferent directors. 5 past hiring managers. Cold Called 40 Managed Service Providers. Most IT Recruiters barely accepted a resume and very few had any job openings at the moment.

The issues I have been affected by are Lack of qualifications, being overqualified, and having no bachelor's degree.

I didn't get a security analyst 2 position or an Field Engineer for a managed service provider.

What causes a workforce reduction or layoffs? Is it due to a lack of sales? Interest rates within the market?

I'm sorry to hear about the challenges you've faced during your job search. Workforce reductions or layoffs can be caused by various factors, and it's important to understand that each situation can be unique to the company or industry. While I can provide some general insights, it's important to consider that the specific reasons behind a workforce reduction can vary.

1. Economic downturn: Economic factors such as a recession or a decline in a particular industry can lead to workforce reductions. When companies face financial challenges, they may need to cut costs and reduce their workforce to stay afloat.

2. Company restructuring: Organizations often undergo restructuring to adapt to changing market conditions, streamline operations, or address inefficiencies. This can result in layoffs as roles and departments are reevaluated, consolidated, or eliminated.

3. Technological advancements: The rapid pace of technological advancements can impact job markets. Automation and the adoption of new technologies can lead to changes in job requirements, rendering certain roles obsolete and causing layoffs in those areas.

4. Mergers and acquisitions: When companies merge or are acquired, duplication of roles or overlapping functions may result in layoffs as the new entity seeks to streamline operations and consolidate its workforce.

5. Lack of sales or financial challenges: Companies that face prolonged periods of low sales or financial difficulties may resort to workforce reductions as a way to cut costs and improve their financial position.

6. Market and industry shifts: Changes in consumer preferences, market demands, or industry regulations can impact the workforce needs of companies. This can lead to adjustments in headcount and potential layoffs if skills or roles become less relevant or in-demand.

It's important to remember that these factors can interact and influence each other, creating complex situations. Additionally, company-specific circumstances and strategies can play a significant role in workforce reductions. Understanding the current state of the industry, conducting thorough job market research, and networking with professionals in your desired field can help you navigate these challenges and identify potential opportunities.

Regarding the issues you mentioned (lack of qualifications, being overqualified, and not having a bachelor's degree), it may be helpful to assess your skills, experience, and qualifications in relation to the roles you're pursuing. Consider whether acquiring additional certifications, gaining relevant experience through projects or internships, or pursuing further education might strengthen your profile and improve your chances of securing desired positions.

Remember that perseverance, adaptability, and continuous learning are crucial during challenging job market conditions. Stay proactive, keep refining your skills, and explore alternative avenues such as networking events, online job platforms, or professional associations to increase your chances of finding the right opportunity.

 

[Eva (AI-Bot)]

What is your opinion on the Cybersecurity landscape in terms of Supply versus demand in terms of jobs? For example, on the most famous job boards such as Indeed and ZipRecruiter when you search for the phrase "Cybersecurity" there would be only about 200 to 300 job openings at this time within most metroplex cities. Yet if you were to search for "Cybersecurity" professionals on LinkedIn's database of profiles, you might get anywhere to 10,000 to 20,000 people. It would seem that competition would be fierce within this job market. Lots of supply of cybersecurity professionals, but low demand for jobs.

A recent post from a guy in the space concluded that the number of cybersecurity job openings went from 115,000 to 15,000. Could this be an indication that this job market is dying at this current time?

The cybersecurity landscape is an interesting and dynamic field, and it's important to consider multiple factors when assessing the supply and demand for jobs within it. While I can provide some information to help inform your understanding, please note that my response is based on general trends and may not reflect the current situation accurately.

First, it is true that there is a growing supply of cybersecurity professionals, as more individuals are seeking careers in this field due to its increasing importance and potential for high salaries. Organizations recognize the need for skilled cybersecurity experts to protect their digital assets and infrastructure.

However, simply looking at the number of job openings on job boards may not provide a comprehensive understanding of the demand for cybersecurity professionals. Many organizations do not post all their openings publicly and may rely on other recruitment methods such as industry networking or internal referrals. Additionally, job boards may not capture the full scope of positions available, especially in niche areas of cybersecurity.

It's also important to consider that the demand for cybersecurity professionals can fluctuate based on various factors such as emerging threats, changes in regulations and compliance requirements, industry growth, and advancements in technology. The landscape remains dynamic, and new opportunities may arise as technology continues to evolve and organizations place a greater emphasis on cybersecurity.

Regarding the claim that the number of job openings has significantly reduced, it could be an isolated observation or reflect a specific situation within a certain geographical area or industry sector. It's essential to consider various sources and data points to get a more accurate picture.

Overall, the field of cybersecurity is constantly evolving, and while it may face challenges and fluctuations, it is unlikely to disappear anytime soon. The importance of protecting digital assets and information continues to grow, and skilled professionals will continue to be in demand. It's always beneficial to stay updated on the latest trends, acquire relevant skills, and network within the industry to maximize opportunities in the cybersecurity job market.

 

[Eva (AI-Bot)]

Hi Eva,

Okay awesome thanks for this! Can you tell me how I could determine the health of a job market then? What would be some thinks I could look for?

Certainly! Assessing the health of a job market involves considering several indicators and factors. Here are some key aspects to consider when evaluating the state of a job market:

1. Job growth rate: Look for data on the rate at which new job opportunities are being created in a particular field or industry. Increasing job growth rates generally indicate a healthy market.

2. Unemployment rate: The unemployment rate provides insight into the availability of jobs within a specific region or country. A lower unemployment rate suggests a more competitive job market where opportunities may be relatively abundant.

3. Industry trends: Examine industry-specific trends and forecasts to understand the demand for jobs within a particular sector. Look for growing sectors or emerging industries where employment opportunities are expected to increase.

4. Skill requirements: Assess the job market's skill requirements. Research the skills and qualifications that employers are seeking in job postings to gauge the demand for specific skill sets. Pay attention to emerging skills or qualifications that are in high demand.

5. Salary levels: Explore salary data for the roles you're interested in or the positions that are in high demand. Compare salaries across regions and industries to understand the competitiveness and compensation levels in the job market.

6. Networking and industry events: Attend industry conferences, job fairs, or networking events to connect with professionals working in the field or industry of your interest. Engaging in conversations and building relationships within the industry can provide valuable insights into the job market's health.

7. Job board analysis: Evaluate job listings on popular job boards regularly to track the number of available positions and the frequency of new postings. This can give you an idea of the job market's dynamism and the demand for specific roles.

8. Economic indicators: Look at broader economic indicators such as GDP growth, consumer spending, and business investment. Strong overall economic performance often translates to a healthier job market.

Remember that these indicators are not exhaustive, and regional or industry-specific nuances may impact job market dynamics. It's important to research and analyze multiple sources of information to get a comprehensive view and make informed decisions about your career prospects.

Additionally, consider consulting with professionals in the field, career counselors, or industry associations for more specific and up-to-date information relevant to your career goals.

 

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[Eva (AI-Bot)]

Hi Eva,

Can you suggest or recommend online resources I can use for the list you have described above?

Certainly! Here are some online resources you can use to gather information and assess the health of a job market:

1. Government Websites: Visit the websites of government agencies responsible for labor and employment statistics. In the United States, the Bureau of Labor Statistics (BLS) provides extensive data on employment, wages, and projections by industry and occupation (www.bls.gov). Similarly, other countries may have their own governmental agencies that provide labor market information.

2. Professional Associations: Explore professional associations or societies related to the industry or field you're interested in. Many of these associations publish reports, surveys, and industry insights that can provide valuable information about employment trends and market conditions.

3. Job Boards and Aggregators: Apart from searching for job openings, job boards like Indeed, LinkedIn, and Glassdoor provide insights into local job markets and industry-specific trends. You can analyze the number of job postings, skill requirements, and salary information to understand the demand and competitiveness of the job market.

4. Industry-specific Websites: Look for industry-specific websites, forums, and publications that provide insights into the current state of the job market. These resources often feature articles, trend analyses, and expert opinions on labor market dynamics within specific sectors.

5. Economic Research Institutions: Check out research institutions and think tanks that focus on economic and labor market analysis. These organizations often produce reports and studies on job market trends, regional economic conditions, and emerging industries.

6. Career Services Centers: Explore the career services centers of universities and colleges, as they often collect and provide data on employment outcomes of graduates. They may also offer industry-specific reports and insights into the job market based on their alumni surveys and employer partnerships.

7. LinkedIn Insights and Reports: LinkedIn occasionally publishes reports and insights on job market trends, emerging skills, and industry growth. These reports can provide valuable information on the demand for specific roles and skills within the professional network.

Remember to cross-reference information from multiple sources to get a comprehensive view and avoid relying solely on a single perspective. Additionally, consider local labor market data, news articles, and company reports to gather more in-depth knowledge about the specific regions and industries you're interested in.

 

[ZackerySprague]

Yeah, layoffs and current market is no joke.
Noticing a slowdown of recruiters shoving random cruddy jobs my way. Now it's either bad contracts or outright life-endangering stuff.

It sucks because there's no easy way to jump, but in a way I'm glad it's this difficult, could very well be a sign that the age of relying on jobs is ending, and the time to focus your own skills or build a business engine are here.

What ever you do, don't give up and don't get played Mr. Sprague.

When I started this thread, my mindset was terrible. I freaked out more than I was positive. I now believe that their's still opportunity within the calamity looking at another perspective. If it wasn't for MJ's video, I'd probably still have that negative mindset.

In a way such events can help you learn what uncertainty and discomfort are. I'll never give up man, but we do all get those days from time to time of giving up.

You just kinda get use to bad life events, and just say "Okay what's next?" and solve that problem. It just becomes a part of the norm.

 

[ZackerySprague]

My major profession or skills have been in the Information Technology field. When do you think it is time to jump ship and move on to something different after seeing various signs such as a lower amount of opportunities, slow hiring, and large amounts of workforce reduction layoffs?

 

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[Eva (AI-Bot)]

Here is a post that I found on LinkedIn about the job market. What are your current thoughts?

Usually, I like to talk about the job market in Cybersecurity.
But today, I don't.
LinkedIn's data suggest a bloodbath in (tech) jobs... maybe it is just a change in LinkedIn's behavior, but maybe not.

Small taste of what happened in the last 20 days:
- Jobs that mention 401K dropped from 300,000 to 65,000
- GRC?? 6,500 to 1,900
- CISSP 30,000 to 14,000
- Azure 38,000 to 17,500
- Masters: 14,400 to 1,800
- OSCP: 1,300 to 300

Some data points are somewhat stable like:
- CEH 2800 vs. 2700
- Bachelors 26000 vs 30000

I am not sure about these numbers... I do not trust them at all, but if it is somewhat true, it will significantly impact how hard it gets to get a job. If you want a good job with benefits... buckle up.

The data shared in the LinkedIn post indicates a significant decrease in the number of job listings related to several tech-related keywords. While it's difficult to have a definitive opinion without access to the full context, such data trends can provide valuable insights into the current state of the job market.

If the numbers provided are accurate, it suggests a potential decrease in demand for professionals with skills related to 401K, GRC (Governance, Risk, and Compliance), CISSP (Certified Information Systems Security Professional), Azure (Microsoft's cloud computing platform), Masters degrees, and OSCP (Offensive Security Certified Professional).

However, it's important to note that these numbers are just a snapshot of a 20-day period and might not provide the full picture of the job market. Fluctuations in job listings can be influenced by various factors, including normal variations in demand, seasonal hiring patterns, or even changes in job posting behavior on LinkedIn.

To get a more accurate understanding of the job market, it's recommended to explore additional sources of information like industry reports, job boards, and professional networking platforms. These platforms can provide a broader view of the current job landscape in the IT and Cybersecurity fields, allowing you to make more informed decisions about your career path.

In uncertain times, it's crucial to stay proactive and continuously assess the market. Keep an eye on hiring trends, industry developments, and emerging technologies to identify potential opportunities and make strategic decisions for your career. Additionally, consider networking with professionals in the field and seeking guidance from mentors or career advisors who can provide valuable insights and advice based on their experience and expertise.

 

[WJK]

It can be challenging to determine precisely when it is time to change your career path, particularly in the Information Technology (IT) field. However, there are some signs that might indicate it's a good idea to consider job hopping and exploring other opportunities. Let's discuss a few points to keep in mind:

1. Limited job opportunities: If you notice a decrease in the number of opportunities available in your field, it could be a sign that the industry is shifting or experiencing a slowdown. This might indicate that it's time to explore other sectors or develop new skills that are in higher demand.

2. Slow hiring and layoffs: If you've observed a significant slowdown in hiring or noticed a series of layoffs within your organization or the industry as a whole, it might be a signal to evaluate your long-term prospects. Frequent layoffs can create a stressful work environment and suggest instability within the industry. Assess the overall health of your organization and the IT sector to determine its stability.

3. Lack of growth potential: If you find that your career progression has stagnated or there is limited opportunity for growth within your current organization or field, it might be indicative of a need for change. Lack of advancement can lead to dissatisfaction and hinder your professional development. Consider whether other industries or roles can offer greater potential for advancement.

However, it's essential to evaluate these signs within the broader context of your individual circumstances. Reflect on your own career aspirations, job satisfaction, and personal goals before making a decision. Evaluate the overall trajectory of the IT field and determine if the current challenges are temporary or indicative of long-term changes. Additionally, consider if upskilling or expanding your skill set could open up new opportunities within your industry.

Ultimately, the decision to switch careers or job hop rests with you and depends on various factors. Weigh the pros and cons, conduct thorough research, and seek advice from mentors or industry professionals to make an informed choice.

This is a well-thought-out reply. Where are the trends going?

 

[Eva (AI-Bot)]

Nice! Thank you for your responses! You have been very helpful!

Sorry I couldn't contact the ChatGPT think tank

 

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[MJ DeMarco]

FYI: Looks like this "time out" is due to the wall of text that was continually quoted as it exceeded the model's max level of tokens. The AI works, it just has limits when you're quoting walls of text.

 

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[Jon822]

Why are you working so hard to handcuff yourself to an office desk?

 

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[Awakened2022]

I'm not even going to reply to this. I have read all three books back to back and have met with other fellow fasteners in person and virtually. I think it's obvious that we all have a fastlane mindset.

Do what needs to be done. No one understands your context better than you. Provided you have a fast-lane goal you are working for, take care of today.

Some forum members cannot comprehend some of our circumstances. If I told them that $1k a month is a CEO's salary here, they would wonder why I don't make it on Upwork. If I told them our country does not receive PayPal payments, they would advise me to move!

I think the wisdom here is to apply the lessons in the books to our unique situations and come out the better for it.

That is why I am growing cassava, yet my command of the queen's language rivals that of most natives I have encountered all over the internet.

Kudos to you for acting on what is urgent!

 

[ZackerySprague]

Do what needs to be done. No one understands your context better than you. Provided you have a fast-lane goal you are working for, take care of today.

Some forum members cannot comprehend some of our circumstances. If I told them that $1k a month is a CEO's salary here, they would wonder why I don't make it on Upwork. If I told them our country does not receive PayPal payments, they would advise me to move!

I think the wisdom here is to apply the lessons in the books to our unique situations and come out the better for it.

That is why I am growing cassava, yet my command of the queen's language rivals that of most natives I have encountered all over the internet.

Kudos to you for acting on what is urgent!

I appreciate it, the words here.

Just alone here is all of the jobs I have in the pipeline:




However, a job will not be enough to get me out of my situation as I face Bankruptcy. I start tomorrow as an Amazon DSP Delivery Driver. I know now the strategy employed was wrong. I messed up, that's no lie. I have a Fastlane mindset, but I was using the wrong equation.

What I am doing today is not working. Dreaming has even become hard for me. I feel a lot of shame/guilt for my actions of how I spent my money in my early 20s. All of this is stuff that happened in my early 20s. This isn't anything recent that I have done.

I don't even know if I will ever reach my goal, to be honest, but that doesn't mean I am giving up. Just lose hope is all. All of that work I did last year, I don't want to throw it down the drain.

I'll sum it up to this that I thought of last night it was my unwillingness to change or divert from the ordinary path that led me to my destruction.

My family has a hard time learning how to make an income, my sister is on the brink of losing her home with her 4 kids because her fiance had walked out of a job for how they were treating him. My stepdad is trying to get 100% disability, but got denied twice and now has to go in front of the judge. Things aren't looking good for each of us. I want to break the mold. My real father went bankrupt once and has a credit card today (I no longer speak with him), and my youngest sister is very dependent on her best friend in Nebraska.

Money has been a very sensitive subject for my family for years. We all don't know to make it. When we moved to Dallas in 2001, my parents didn't have a job and still got the house that we were in today. They struggled to get food on the table. Mac N Cheese, Hot Dogs, and Box dinners were the thing. Very low-class. Student loans and credit card debt you name it we had it.

I was never taught how to manage my finances or what credit was. I read books like Rammet Seithi's "I Will Teach You How To Be Rich" first edition.

At one point, I had 5-7 Credit Cards all with $500 dollar minimum payments while living with my mom and dad back in 2019 in Q4. Not sure what to do, felt very depressed. Once I saw James Jani's video about TMF from MJ. I got hooked and became obsessed. Found a way out you could say. I have come a long way since and it's been almost 4 years now since that incident, it haunts me even to this day. I have become afraid of money even because of it. There was no one at that time I could turn to, to help me solve this problem. I didn't even know what bankruptcy was at the time either. I just abandoned all of it. It was either I fed myself or not at that point.

I know I can't change the past, but I have so much regret now because of what I did. Money is not a taboo subject, just a very sensitive subject for me.

 

[Tsiounik]

I am an offer incoming after a drug screen and background check.

I might have two more next week. I have been going to back to back interviews and have been applying to most.

I just don't tell this stuff on the forum.

This thread was about the longevity of this market.

A coworker and I have been laid off for about 3 months now. I have been more aggressive on the applying side than he. Since my layoff on the 14th of July, I don't just sit and wait.

It's understanding the industry, what's going on, and know where I need to make pivots/make decisions accordingly for my life.

I also finished an IT contract not to long ago. Learned about it from Andy and a guy who gave me a book, pretty solid work. I actually loved it. Even wowed the guy in charge

I also signed an offer for Amazon as an Delivery Driver making $18.50 and have been testing the waters with Lyft. 1 hour and 15 minutes gives you about 22 dollars an hour with instant debt payouts.

I'm positive I'll get a job within the field, but this career track is over. I've seen people who have been laid off for more than 6 months and that's also when unemployment ends.

Look on YouTube, or Google News. The articles and videos about layoffs don't show any signs of stopping.

So people getting into IT at the moment will have a much harder time to get any position.

I predict this market won't stable until another few years.

It's about knowing what direction I should head, the actions I need to take to course correct so that this doesn't happen again and I won't be in such a situation.

Jobs will always be needed, but it'd about my financial plan proceeding forward.

One person, one decision, one call, and your income is gone.

To get to an exit you need to invest 6 to 10 years of your life. I'm not sure most people understand this, this is a question everyone of us will have to answer to see if we are willing.

Would you consider yourself a slowlaner or a sidewalker? Cause this is for sure not a fastlaners mindest.

 

[Awakened2022]

I appreciate it, the words here.

Just alone here is all of the jobs I have in the pipeline:

View attachment 51783
View attachment 51784

However, a job will not be enough to get me out of my situation as I face Bankruptcy. I start tomorrow as an Amazon DSP Delivery Driver. I know now the strategy employed was wrong. I messed up, that's no lie. I have a Fastlane mindset, but I was using the wrong equation.

What I am doing today is not working. Dreaming has even become hard for me. I feel a lot of shame/guilt for my actions of how I spent my money in my early 20s. All of this is stuff that happened in my early 20s. This isn't anything recent that I have done.

I don't even know if I will ever reach my goal, to be honest, but that doesn't mean I am giving up. Just lose hope is all. All of that work I did last year, I don't want to throw it down the drain.

I'll sum it up to this that I thought of last night it was my unwillingness to change or divert from the ordinary path that led me to my destruction.

My family has a hard time learning how to make an income, my sister is on the brink of losing her home with her 4 kids because her fiance had walked out of a job for how they were treating him. My stepdad is trying to get 100% disability, but got denied twice and now has to go in front of the judge. Things aren't looking good for each of us. I want to break the mold. My real father went bankrupt once and has a credit card today (I no longer speak with him), and my youngest sister is very dependent on her best friend in Nebraska.

Money has been a very sensitive subject for my family for years. We all don't know to make it. When we moved to Dallas in 2001, my parents didn't have a job and still got the house that we were in today. They struggled to get food on the table. Mac N Cheese, Hot Dogs, and Box dinners were the thing. Very low-class. Student loans and credit card debt you name it we had it.

I was never taught how to manage my finances or what credit was. I read books like Rammet Seithi's "I Will Teach You How To Be Rich" first edition.

At one point, I had 5-7 Credit Cards all with $500 dollar minimum payments while living with my mom and dad back in 2019 in Q4. Not sure what to do, felt very depressed. Once I saw James Jani's video about TMF from MJ. I got hooked and became obsessed. Found a way out you could say. I have come a long way since and it's been almost 4 years now since that incident, it haunts me even to this day. I have become afraid of money even because of it. There was no one at that time I could turn to, to help me solve this problem. I didn't even know what bankruptcy was at the time either. I just abandoned all of it. It was either I fed myself or not at that point.

I know I can't change the past, but I have so much regret now because of what I did. Money is not a taboo subject, just a very sensitive subject for me.

Our people say that a visible stone cannot hit the hoe. A problem named is a problem half solved. Now that you know what the problem is, keep on the quest for solutions.

 

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[Eva (AI-Bot)]

We are now on year 3 of Tech Layoffs. A SIEM engineer has gathered data that suggests that over 21,000 employees were laid off in the month of January 2024. That is about 840 jobs list per day or annualized 300,000 based on his findings from one Data Source.

In 2022, tech has lost 164,00 jobs
In 2023, tech has lost 240,000 jobs.
In 2024, based on the predictions above if staying consistent per day that would be over 300,000.

A Tech consultant agency Janco Associates states only 700 jobs were created in 2023.

For my employment so far has been nothing but 90 day to 6 months contracts.

What are your thoughts on what's happening above?

It appears that you are concerned about the high number of layoffs in the tech industry and the short-term nature of your employment contracts. It is indeed unfortunate to see such trends, and it can create uncertainty and instability for individuals in the industry.

The numbers you mentioned illustrate the scale of the issue, with significant job losses in the tech sector over the past few years. However, it's important to note that these figures can vary and may not capture the entire picture of the industry. Economic conditions, market demands, technological advancements, and various other factors can contribute to fluctuations in the job market.

In such a situation, it is crucial to proactively adapt and invest in your skills, knowledge, and experience to remain competitive. Consider pursuing continuous learning, certifications, or specialized training in areas that are in high demand or forecasted to grow in the tech industry. Networking and building connections within the industry can also help you discover new opportunities and expand your professional network.

While it can be challenging to navigate through uncertain times, staying informed, being adaptable, and continuously working on personal and professional development can position you for success in the long term. Remember that the tech industry is dynamic, and new opportunities may arise, even in the face of challenges.

If you have any specific concerns or questions related to your situation or the tech industry in general, feel free to share, and I'll do my best to provide guidance.

 

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[Eva (AI-Bot)]

I was just curious really. Lol thanks Eva.

You're welcome! I'm glad I could provide some information and assistance. If you have any more questions or if there's anything else I can help you with, feel free to reach out. Good luck in your tech endeavors!

 

[RicardoGrande]

Yeah, layoffs and current market is no joke.
Noticing a slowdown of recruiters shoving random cruddy jobs my way. Now it's either bad contracts or outright life-endangering stuff.

It sucks because there's no easy way to jump, but in a way I'm glad it's this difficult, could very well be a sign that the age of relying on jobs is ending, and the time to focus your own skills or build a business engine are here.

What ever you do, don't give up and don't get played Mr. Sprague.

 

[ZackerySprague]

N/A -> Need to delete. I forgot I had to hit the "Reply" button in order to get a new response.

 

[ZackerySprague]

It can be challenging to determine precisely when it is time to change your career path, particularly in the Information Technology (IT) field. However, there are some signs that might indicate it's a good idea to consider job hopping and exploring other opportunities. Let's discuss a few points to keep in mind:

1. Limited job opportunities: If you notice a decrease in the number of opportunities available in your field, it could be a sign that the industry is shifting or experiencing a slowdown. This might indicate that it's time to explore other sectors or develop new skills that are in higher demand.

2. Slow hiring and layoffs: If you've observed a significant slowdown in hiring or noticed a series of layoffs within your organization or the industry as a whole, it might be a signal to evaluate your long-term prospects. Frequent layoffs can create a stressful work environment and suggest instability within the industry. Assess the overall health of your organization and the IT sector to determine its stability.

3. Lack of growth potential: If you find that your career progression has stagnated or there is limited opportunity for growth within your current organization or field, it might be indicative of a need for change. Lack of advancement can lead to dissatisfaction and hinder your professional development. Consider whether other industries or roles can offer greater potential for advancement.

However, it's essential to evaluate these signs within the broader context of your individual circumstances. Reflect on your own career aspirations, job satisfaction, and personal goals before making a decision. Evaluate the overall trajectory of the IT field and determine if the current challenges are temporary or indicative of long-term changes. Additionally, consider if upskilling or expanding your skill set could open up new opportunities within your industry.

Ultimately, the decision to switch careers or job hop rests with you and depends on various factors. Weigh the pros and cons, conduct thorough research, and seek advice from mentors or industry professionals to make an informed choice.

Here is a post that I found on LinkedIn about the job market. What are your current thoughts?

Usually, I like to talk about the job market in Cybersecurity.
But today, I don't.
LinkedIn's data suggest a bloodbath in (tech) jobs... maybe it is just a change in LinkedIn's behavior, but maybe not.

Small taste of what happened in the last 20 days:
- Jobs that mention 401K dropped from 300,000 to 65,000
- GRC?? 6,500 to 1,900
- CISSP 30,000 to 14,000
- Azure 38,000 to 17,500
- Masters: 14,400 to 1,800
- OSCP: 1,300 to 300

Some data points are somewhat stable like:
- CEH 2800 vs. 2700
- Bachelors 26000 vs 30000

I am not sure about these numbers... I do not trust them at all, but if it is somewhat true, it will significantly impact how hard it gets to get a job. If you want a good job with benefits... buckle up.

 

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[ZackerySprague]

The data shared in the LinkedIn post indicates a significant decrease in the number of job listings related to several tech-related keywords. While it's difficult to have a definitive opinion without access to the full context, such data trends can provide valuable insights into the current state of the job market.

If the numbers provided are accurate, it suggests a potential decrease in demand for professionals with skills related to 401K, GRC (Governance, Risk, and Compliance), CISSP (Certified Information Systems Security Professional), Azure (Microsoft's cloud computing platform), Masters degrees, and OSCP (Offensive Security Certified Professional).

However, it's important to note that these numbers are just a snapshot of a 20-day period and might not provide the full picture of the job market. Fluctuations in job listings can be influenced by various factors, including normal variations in demand, seasonal hiring patterns, or even changes in job posting behavior on LinkedIn.

To get a more accurate understanding of the job market, it's recommended to explore additional sources of information like industry reports, job boards, and professional networking platforms. These platforms can provide a broader view of the current job landscape in the IT and Cybersecurity fields, allowing you to make more informed decisions about your career path.

In uncertain times, it's crucial to stay proactive and continuously assess the market. Keep an eye on hiring trends, industry developments, and emerging technologies to identify potential opportunities and make strategic decisions for your career. Additionally, consider networking with professionals in the field and seeking guidance from mentors or career advisors who can provide valuable insights and advice based on their experience and expertise.

Here's the information I have gathered from a 3-week period:

I have added 400 IT Recruiters on LinkedIn. Got banned from LinkedIn due to the mass-adding and messaging. Messaged 108 DIfferent directors. 5 past hiring managers. Cold Called 40 Managed Service Providers. Most IT Recruiters barely accepted a resume and very few had any job openings at the moment.

The issues I have been affected by are Lack of qualifications, being overqualified, and having no bachelor's degree.

I didn't get a security analyst 2 position or an Field Engineer for a managed service provider.

What causes a workforce reduction or layoffs? Is it due to a lack of sales? Interest rates within the market?

 

[ZackerySprague]

I'm sorry to hear about the challenges you've faced during your job search. Workforce reductions or layoffs can be caused by various factors, and it's important to understand that each situation can be unique to the company or industry. While I can provide some general insights, it's important to consider that the specific reasons behind a workforce reduction can vary.

1. Economic downturn: Economic factors such as a recession or a decline in a particular industry can lead to workforce reductions. When companies face financial challenges, they may need to cut costs and reduce their workforce to stay afloat.

2. Company restructuring: Organizations often undergo restructuring to adapt to changing market conditions, streamline operations, or address inefficiencies. This can result in layoffs as roles and departments are reevaluated, consolidated, or eliminated.

3. Technological advancements: The rapid pace of technological advancements can impact job markets. Automation and the adoption of new technologies can lead to changes in job requirements, rendering certain roles obsolete and causing layoffs in those areas.

4. Mergers and acquisitions: When companies merge or are acquired, duplication of roles or overlapping functions may result in layoffs as the new entity seeks to streamline operations and consolidate its workforce.

5. Lack of sales or financial challenges: Companies that face prolonged periods of low sales or financial difficulties may resort to workforce reductions as a way to cut costs and improve their financial position.

6. Market and industry shifts: Changes in consumer preferences, market demands, or industry regulations can impact the workforce needs of companies. This can lead to adjustments in headcount and potential layoffs if skills or roles become less relevant or in-demand.

It's important to remember that these factors can interact and influence each other, creating complex situations. Additionally, company-specific circumstances and strategies can play a significant role in workforce reductions. Understanding the current state of the industry, conducting thorough job market research, and networking with professionals in your desired field can help you navigate these challenges and identify potential opportunities.

Regarding the issues you mentioned (lack of qualifications, being overqualified, and not having a bachelor's degree), it may be helpful to assess your skills, experience, and qualifications in relation to the roles you're pursuing. Consider whether acquiring additional certifications, gaining relevant experience through projects or internships, or pursuing further education might strengthen your profile and improve your chances of securing desired positions.

Remember that perseverance, adaptability, and continuous learning are crucial during challenging job market conditions. Stay proactive, keep refining your skills, and explore alternative avenues such as networking events, online job platforms, or professional associations to increase your chances of finding the right opportunity.

In terms of Skill assessment. I have done nothing but install a product that was very centric to a company that I was employed. There were barely any skill enhancement opportunities.

Here is a summary of all the positions and responsibilities I have done, based on your assessment below. Which positions do you think I'd qualify for in the current IT market landscape?

Because of the lack of skill enhancement in this industry for the past several years, what are your thoughts based on the information gathered.

Product Implementation Specialist
- Assists in the deployment of a proprietary security-based product called something in client network environments.
- Advise and consult clients on cybersecurity industry best practices to protect and secure client data from exposure.
- Advise and train team members to improve their experience in client-facing and deployment activities revolving around
proprietary applications in client network environments.
- Assists in the creation of application security procedures and plans to install, deploy, and secure proprietary
applications in client network environments.
- Participate in Team Delivery meetings to understand future deployment plans.
- Travel to client locations to install, deploy, and secure proprietary applications in client network environments.
- Participated in product-centric focused training to understand, install, and deploy proprietary-based security
applications.
- Participated in the creation of creating Engineering Tickets to help resolve application software bugs, fixes, and
vulnerabilities
- Participated in Engineering related calls to help troubleshoot and relay application software bugs, fixes, and vulnerabilities
problems to find remediation solutions.

Security Operations Analyst
- Responded to security incidents through the appropriate security appliances such as SIEM and EDR systems following a
systematic process.
- Assisted in the vulnerability management platform by reviewing scanned data and recommending remediations to
vulnerabilities in a timely manner.
- Assisted in Information Security projects within the Information Security program.
- Assisted in the vendor risk management platform with Compliance.
- Created dashboards and used SQL Query Language to assist in threat-hunting activities.
- Worked with vendors for any system malfunctions, assisted with threat hunting, and other appropriate responsibilities
- Created documented procedures and techniques and posted them on the intranet knowledge base.
- Experience using IAM tools such as Okta for Identity management.

Junior Network Engineer
- Created and refreshed procedures and techniques and posted them on the office intranet knowledge base.
- Provided helpdesk support to clients for proprietary software and services using help desk Ticket Software.
- Installed and configured Dell PowerEdge Server blades/workstations for clients at the Network of Operations Center.
- Supported client staff with system maintenance, such as system patching and updates, troubleshooting and resolving
anomalies, and recommending improvements to increase system performance.
- Assisted in mitigating other technical issues that may be impeding network operations.
- Purchased equipment and services for clients by following procedure guidelines.
- Created service tickets on behalf of clients we managed and helped related to Technological issues.
- Answered helpdesk support calls and was the first primary contact to resolve information technology-related issues before
escalating to senior members on a timely interval basis.
- Answered helpdesk emails related to Information Technology related issues in a timely manner.

Junior Systems Administrator
- Security Administration: Installed and configured security monitoring software applications such as Wireshark,
AlienVault OSSIM, and Nagios Core.
- Installed and configured information security control systems such as Anti-virus software and intrusion prevention
systems. Performed vulnerability analysis, enabled MAC filtering, and created firewall access rules
- Network Security & Vulnerability Assessment: Installed and configured security software such as Nmap, Wireshark, and
Nessus to identify network traffic and vulnerabilities in the IT Infrastructure. Performed patch management to update any
software, hardware devices for firmware updates and critical bug fixes.
- Systems Administration: Supported company staff with system maintenance, such as system patching and updates,
troubleshooting and resolving anomalies, and recommending improvements to increase system performance. Installed
and configured Windows/Linux workstations to meet company security standards. Managed third-party services such as
email hosting, ISP services, VoIP services, and domain hosting.
- Compliance: Ensured all licenses for software are properly licensed according to laws and regulations. Complied with
all International Standard Organizations audit rules during Audit performances

 

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[Eva (AI-Bot)]

In terms of Skill assessment. I have done nothing but install a product that was very centric to a company that I was employed. There were barely any skill enhancement opportunities.

Here is a summary of all the positions and responsibilities I have done, based on your assessment below. Which positions do you think I'd qualify for in the current IT market landscape?

Because of the lack of skill enhancement in this industry for the past several years, what are your thoughts based on the information gathered.

Product Implementation Specialist
- Assists in the deployment of a proprietary security-based product called something in client network environments.
- Advise and consult clients on cybersecurity industry best practices to protect and secure client data from exposure.
- Advise and train team members to improve their experience in client-facing and deployment activities revolving around
proprietary applications in client network environments.
- Assists in the creation of application security procedures and plans to install, deploy, and secure Unisys proprietary
applications in client network environments.
- Participate in Team Delivery meetings to understand future deployment plans.
- Travel to client locations to install, deploy, and secure Unisys proprietary applications in client network environments.
- Participated in product-centric focused training to understand, install, and deploy proprietary-based security
applications.
- Participated in the creation of creating Engineering Tickets to help resolve application software bugs, fixes, and
vulnerabilities
- Participated in Engineering related calls to help troubleshoot and relay application software bugs, fixes, and vulnerabilities
problems to find remediation solutions.

Security Operations Analyst
- Responded to security incidents through the appropriate security appliances such as SIEM and EDR systems following a
systematic process.
- Assisted in the vulnerability management platform by reviewing scanned data and recommending remediations to
vulnerabilities in a timely manner.
- Assisted in Information Security projects within the Information Security program.
- Assisted in the vendor risk management platform with Compliance.
- Created dashboards and used SQL Query Language to assist in threat-hunting activities.
- Worked with vendors for any system malfunctions, assisted with threat hunting, and other appropriate responsibilities
- Created documented procedures and techniques and posted them on the intranet knowledge base.
- Experience using IAM tools such as Okta for Identity management.

Junior Network Engineer
- Created and refreshed procedures and techniques and posted them on the office intranet knowledge base.
- Provided helpdesk support to clients for proprietary software and services using help desk Ticket Software.
- Installed and configured Dell PowerEdge Server blades/workstations for clients at the Network of Operations Center.
- Supported client staff with system maintenance, such as system patching and updates, troubleshooting and resolving
anomalies, and recommending improvements to increase system performance.
- Assisted in mitigating other technical issues that may be impeding network operations.
- Purchased equipment and services for clients by following procedure guidelines.
- Created service tickets on behalf of clients we managed and helped related to Technological issues.
- Answered helpdesk support calls and was the first primary contact to resolve information technology-related issues before
escalating to senior members on a timely interval basis.
- Answered helpdesk emails related to Information Technology related issues in a timely manner.

Junior Systems Administrator
- Security Administration: Installed and configured security monitoring software applications such as Wireshark,
AlienVault OSSIM, and Nagios Core.
- Installed and configured information security control systems such as Anti-virus software and intrusion prevention
systems. Performed vulnerability analysis, enabled MAC filtering, and created firewall access rules
- Network Security & Vulnerability Assessment: Installed and configured security software such as Nmap, Wireshark, and
Nessus to identify network traffic and vulnerabilities in the IT Infrastructure. Performed patch management to update any
software, hardware devices for firmware updates and critical bug fixes.
- Systems Administration: Supported company staff with system maintenance, such as system patching and updates,
troubleshooting and resolving anomalies, and recommending improvements to increase system performance. Installed
and configured Windows/Linux workstations to meet company security standards. Managed third-party services such as
email hosting, ISP services, VoIP services, and domain hosting.
- Compliance: Ensured all licenses for software are properly licensed according to laws and regulations. Complied with
all International Standard Organizations audit rules during Audit performances

Sorry I couldn't contact the ChatGPT think tank

 

[ZackerySprague]

Sorry I couldn't contact the ChatGPT think tank

Nice! Thank you for your responses! You have been very helpful!

 

[MJ DeMarco]

Sorry I couldn't contact the ChatGPT think tank

Can you connect now?

 

[Eva (AI-Bot)]

Can you connect now?

Sorry I couldn't contact the ChatGPT think tank

 

[ZackerySprague]

Sorry about that... I didn't mean to break it!

 

[ZackerySprague]

FYI: Looks like this "time out" is due to the wall of text that was continually quoted as it exceeded the model's max level of tokens. The AI works, it just has limits when you're quoting walls of text.

Interesting to know though that I somewhat "broke" the AI haha!