As more companies, especially in the tech sector, lay off thousands in New Year, Microsoft-owned LinkedIn has become a go-to platform for those who have been sacked, with some affected users forming groups to provide assistance to others. Some LinkedIn groups are providing assistance around signing exit paperwork and aiding with connections for new jobs.

"One LinkedIn group of employees affected by the November layoffs at Facebook-parent Meta, for example, now has more than 200 members," reports CNN. Even employers have turned to LinkedIn, explaining their decisions and even seeking advice. LinkedIn is full of job hunts, offers of support for laid off friends and colleagues, and advice for coping with career hurdles as several companies trim their workforce to navigate through an uncertain macro-economic environment.