A leading company focused on virtual transformation.
Layoffs in the generation have left many professional-generation staff members for new roles.
The coronavirus recession has led to large-scale layoffs. Large corporations like Boeing and IBM have recently laid out thousands of employees. Uber, LinkedIn, Airbnb and Lyft have laid off staff since March, and in July LinkedIn laid off nearly 1,000 employees. More than a portion of the generation staff in the Bay Area now fears being fired as the industry continues to suffer from the pandemic.
In reaction to this problem, an increasing number of corporations have created task databases that allow workers to capture their data and allow recruiters to adapt it to opportunities.
Many of them began as undeniable spreadsheets sent to recently authorized friends and colleagues, and since then have complete databases that have attracted the attention of tech giants such as Facebook and Amazon. And they must be a resource for specialists of all generations, from account managers to software engineers. Many even have lists of professionals from other sectors, although the focus is on generation.
Founded through the author of the IA recruitment platform Rocket, Parachute provides a database for staff fired through corporations as giant as Lyft for small start-ups. The database is primarily aimed at the generation industry and is flexible for recruiters and task seekers.
Recruiters from corporations like Facebook, Amazon, and Apple have used Parachute to search for skill in their redundancy database. The start-up was introduced in mid-April in reaction to the waves of layoffs that began in the generation industry in March. Parachute also offers individual free training sessions to newly authorized professionals.
“There is a mindset of how recruitment is expected to work, and how they are expected to hire it, that is no longer true,” Parachute’s CEO Abhinav Agrawal said of the market for hard work in the pandemic era. “So we’re helping more people think about this and their task search and hiring process.”
Signing up for a subscription is free, but task search engines can also sign up for Silver and Gold subscriptions, which provide features such as a resume, LinkedIn review, and individual training.
Venture capital firm Torch Capital founder Jon Keidan worked with his investment partner, Katie Reiner, to create a redundancy database in reaction to the initial layoffs of COVID-19 that affected the portfolio’s clients.
The database started as a Google spreadsheet, but since then you have a full online page with staff fired from Amazon to PayPal. There are also open lists of hiring companies, many of which come from new companies.
The online page also lists other people from other sectors, such as fitness and education.
San Francisco businessman Roger Lee has been tracking coronavirus layoffs since they began to expand in March. Since then, she has created Layoffs.fyi as a source for others who have been fired from her generation works.
The database has more than 12,800 fired employees indexed on Thursday and is formatted so recruiters can search for qualified candidates seamlessly and contact LinkedIn or email. The online page blog also informs readers about recent layoffs so they can stay informed when they apply for new positions.
It is flexible for laid-off employees, but is paid for hiring companies.