Annual General Meeting (AGM) 2024

For more information on our AGM, please click here.

#Career 101 : A fresh graduate’s guide to surviving the tech winter

#Career 101 : A fresh graduate’s guide to surviving the tech winter

Preparing your tech career to weather through the winter

05 Jan 2023
#Career 101 : A fresh graduate’s guide to surviving the tech winter

As if the pandemic wasn’t difficult enough for those who were going through their university studies – now the fresh graduates are facing the ominously named “tech winter.” The opposite of a “tech boom,” a tech winter is characterised by layoffs, hiring freezes, and a decline in investment in technology and startup companies.

Naturally, you may be worried that this period will signal a breakdown in your career trajectory as you've had your hopes dashed by the shrinking employment opportunities in this sector. However, the economy has cycled through many booms and busts in the last century, and while no one wants to find themselves in the downturn, we know that there will always be spring at the end of winter. While we wait for spring to come, here are some tips to help you ride out this challenging time.

A fresh graduate’s guide to surviving the tech winter

It’s not all doom and gloom

Despite what the layoffs may indicate, tech talent is still highly in demand and the skills that you have are easily transferable to other industries. If you use your time wisely, you’ll be ready to kickstart your tech career trajectory again when the winter thaws out.
 

Stay connected with Lifepedia

Join our mailing list on latest happenings and promotions

Wealth insurance
Wealth insurance

Includes SRS investment, capital guaranteed, endowment, investment-linked, lifetime payout