Laid off from a 20 LPA job (2 YOE). Should I tell recruiters the truth, and is it stupid to lowball myself just to get a job?
Hey guys, slightly panicking right now. I recently got laid off from my job where I was making 20 LPA. I have around 2.11 YOE, and honestly, the market feels pretty brutal—I'm barely getting any interview calls.
I really need some advice on how to handle this with recruiters:
- Do I tell them I got laid off? Is it better to just be honest, or will they use it as leverage to lowball me? Or worse, does it look bad?
- Salary expectations: I know 20 LPA is pretty high for my experience level in this market, and a lot of companies probably look at my current CTC and just reject me without calling, assuming they can't afford me.
To be completely honest, I just need a job right now to pay the bills and avoid a massive career gap. I am 100% fine with taking a pay cut.
Should I openly tell recruiters right off the bat that I'm willing to take a lower CTC just to get my foot in the door? Is lowballing myself a bad strategy, or is it fair game given the market?
Any advice from recruiters or anyone who went through this recently would be a lifesaver. Thanks.