What do you do if you need to rebuild your career after a layoff?

1 Assess Reality

Begin by taking stock of your situation with a clear and honest assessment. Understand your financial standing, consider the length of time you can afford to be out of work, and identify the industries that are thriving. This is also the moment to reflect on what you enjoyed about your previous role and what you might want to change moving forward. Being laid off offers a rare chance for self-reflection, so use this time to think critically about your next steps.

2 Update Skills

In a rapidly changing job market, staying current with your skills is crucial. Explore online courses, workshops, or even local community college classes to update your skill set or learn something new. This not only makes you more marketable but also shows potential employers that you are proactive and committed to your professional development. Remember, your goal is to emerge from this layoff not just as a viable candidate but as an irresistible one.

3 Network Effectively

Networking is more than just exchanging business cards; it's about building meaningful relationships. Reach out to former colleagues, join professional associations, and attend industry events. Engage with your contacts on social media and consider informational interviews to gain insights into companies or roles you're interested in. Networking can often lead to opportunities that aren't advertised and can give you the inside track on the job market.

4 Craft Your Story

Your layoff is part of your professional story, but it doesn't define you. Craft a narrative that positions the layoff as a stepping stone to greater achievements. Focus on the skills you've gained, the lessons learned, and how they've prepared you for the next chapter in your career. When interviewing, be prepared to discuss your layoff confidently and positively, framing it as an opportunity for growth.