Changing business models and economic disruptions have triggered layoffs and hiring freezes across tech, finance, retail, and other industries. Over the last six months, some of the nation’s largest companies have announced sweeping layoffs, including industry giants like Amazon, Asana, Cisco, HP, Lyft, Meta, Robinhood, Twitter, and more. Many of the cuts constitute the largest seen in the history of these companies.
For laid off professionals, an MBA could be a smart move. Beyond helping professionals secure a fulfilling post-graduation role, an MBA can add long-term financial and personal value to a career in business. While the graduate degree is focused on learning foundational business principles and building leadership skills, for many, it offers so much more than that. It can be the key to personal growth, a global professional network, and job opportunities across a myriad of industries and functions.
The Full-time MBA program at the Georgia Tech Scheller College of Business is eager to help professionals who have been affected by recent layoffs through offering the following areas of support:
- A select number of designated fellowships (full tuition scholarships)
- Access to a specialized admissions counselor and career coach to guide in the MBA decision-making process
- An application fee waiver
- GMAT/GRE test-optional admission
"This economic downturn holds unique opportunity. Let us help you turn the tables,” explains Dave Deiters, executive director of the Jones MBA Career Center at Scheller. “Beyond providing a future-ready curriculum, our top five ranked career services have a proven track record for helping students transform their careers, whether that’s through advancing in their current trajectory or making a substantial career pivot. The future is bright for you, and we’re eager to help in any way.”
Those who want to take advantage of layoff admissions assistance are encouraged to attend an admissions event and schedule a one-on-one consultation with the Full-time MBA team.