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Jobless After Restructuring: How Can I Stay Confident and Find a New Job?

Aamish

Aamish Dhingra  |7 Answers  |Ask -

Life Coach - Answered on Feb 24, 2025

Aamish Dhingra is a life coach, educationalist and founder of Cocoweave Coaching International, which provides professional training to empower individuals and organisations.
With over seven years of experience in human resources, he specialises in corporate training, life coaching services and team coaching. His expertise lies in solving complex problems, leading innovative projects and delivering impactful solutions that drive growth and transformation.
Aamish completed his BBA (bachelor of business administration) from Amity University and MBA from Jamia Hamdard University, both in Noida.
He holds a PCC (professional certified coach) certification from the International Coaching Federation, USA, and a credentialed practitioner of coaching certification from the International Coach Guild, Australia.... more
Asked by Anonymous - Feb 14, 2025Hindi
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Three months ago I lost my job due to restructuring. I wasn't expecting it. My family wasn't prepared either. It was challenging and demotivating. I am yet to find a job that matches my skills and experience. What can I do to stay confident and successfully re-enter the workforce after this unexpected job loss?

Ans: I completely empathize with you in this challenging situation but rather than considering it as a setback, think of it as an opportunity for growth. For facing this situation, the first thing is to acknowledge your emotions as it is totally normal to feel sad and disappointed about this, but do not linger upon this emotion for longer. Shift your focus on the present moment as it is only one that you can control. Update and refresh your resume and create a LinkedIn profile and also begin networking to gain connection with your former colleagues and professional groups. If you’re not finding a perfect match immediately, consider upskilling through online courses or certifications to stay competitive. Temporary or freelance work can also help bridge the gap while keeping your experience relevant. Confidence comes from preparation, so practice your interview skills, refine your personal brand, and stay positive. Remember, setbacks often lead to better opportunities, you just need to stay proactive, persistent, and open to new possibilities.
Wishing you success,
Aamish Dhingra
ICF-PCC Certified Life Coach
Co-Founder, Cocoweave Coaching International, Delhi

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Ashwini

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Personality Development Expert, Career Coach - Answered on Jul 31, 2023

Asked by Anonymous - Jul 10, 2023Hindi
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Hi, I lost my job in 2019. I decided to go the freelance way. When it was all just settling in, Covid19 hit. Things derailed after that. Now after a 4 years gap, I am very short on confidence. I am applying for jobs on indeed and linked in but at 43 and 4 years gap, I am not drawing any reaponse from any employer for any kind of a job. Prior to this I was working with a reputed company as a senior design manager drawing an annual salary of 21lacs. This company had asked me to resign after 11 years of service sighting cost cutting and restructuring. That too after using my services to sack many of my team members for same reason. Can I know what I can do differently to land a job. Junior positions are ok for me but companies find my CV too heavy for those and for senior positions, I am short on confidence. How can I come out of this?.
Ans: Hi Sir,

Thank you for writing in.

Few recommendations for your reference -

Update Your Resume: Customize your resume to highlight your relevant skills and experiences while addressing the employment gap. Focus on transferable skills and recent freelance work that showcases your abilities (if any). Tailor your application to each job posting to demonstrate your genuine interest and fit for the role.

Networking: Leverage your professional network to seek job opportunities. Reach out to former colleagues, friends, and acquaintances who might be aware of job openings or can provide referrals.

Online Presence: Ensure your LinkedIn profile is up-to-date and reflects your skills and experiences. Connect with people in your industry and participate in relevant groups and discussions.

Practice Interviews: Practice answering common interview questions to boost your confidence. Emphasize your accomplishments and the value you can bring to potential employers.

Continuous Learning: Stay updated with industry trends and technologies. Consider taking online courses or certifications to enhance your skills and demonstrate your commitment to learning. This will help you boost your confidence and enhance your skills.

Volunteer or Freelance Work: If possible, consider taking on volunteer work or freelance projects related to your field. This can help you build recent experience and fill the gap in your resume.

Be Positive and Persistent: Job searching can be challenging, but maintaining a positive attitude and staying persistent are key. Celebrate small victories and keep moving forward. This is very important.

Remember, setbacks are a part of life, and it's important to remain resilient and adaptable. Stay focused on your strengths and the value you can offer to employers. With determination and the right approach, you can overcome the challenges and find a job that suits your skills and experience. Good luck with your job search!

To Your Success. Be You. Be Confident.
Thanks and Regards
Ashwini Dasgupta
Author of Confidence Decoded. Is it a Skill or Attitude?

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |8029 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 24, 2025

Asked by Anonymous - Feb 24, 2025Hindi
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Money
Because of social media, people are more aware of mutual funds and the stock market. The inflow of money into these assets is increasing every day. Will this affect returns in the future? Also, should I consider investing in gold ETF?
Ans: Higher Participation Leads to Stability
More retail investors entering the stock market improves liquidity and reduces volatility. This can make markets more stable over time.

Valuation Concerns in the Long Run
When too much money flows into stocks, valuations may rise beyond fundamentals. This can lead to lower future returns or market corrections.

Fund Manager Challenges
Large inflows into mutual funds can make it harder for fund managers to find undervalued stocks, potentially reducing the alpha (excess returns) they generate.

Sector and Thematic Boom
More awareness can cause temporary bubbles in popular sectors. Investors should be cautious and stay diversified.

Should You Invest in Gold ETF?
Gold is a Hedge, Not a Growth Asset
Gold protects against inflation and currency fluctuations but does not generate high long-term returns like equities.

ETFs vs. Physical Gold
Gold ETFs are better than physical gold as they offer liquidity, no storage costs, and easy tracking of market prices.

Portfolio Diversification
A small allocation (5-10%) in gold ETFs can act as a hedge, but over-investing in gold can limit wealth creation.

Final Insights
Stock market returns may moderate in the future, but equities remain the best long-term wealth creator.

Avoid sector hype and focus on active fund management for better risk-adjusted returns.

Gold ETFs are useful for diversification but should not be the core of your portfolio.

Continue SIPs in actively managed mutual funds and adjust allocation based on goals.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

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