8 Essential Ways To Deal With a Layoff

8 Essential Ways To Deal With a Layoff

Prakash bagged a coveted job in Google last Sept! He was thrilled!

His family back home started preparing to move in with him in 6 months.

His wife gave notice at her company.

She wound up the lease on their rented flat.

Their 7 yo caught on in the excitement of the imminent move.

4 months into his job, he called his wife and asked her to reverse the changes

Google had laid off 12K employees and the list included his name

He had 2 months on the payrolls to collect severance

His visa did not permit applying for a new job in the US

His only choice was to head back home.

The silver lining? His wife got her job back and the lease was resumed.

But this is quite a tragic turn for someone planning a new career in a new country.

And it's too much to process!

Thousands of employees share similar stories as layoffs are announced every week by giants like Google and Microsoft.

It signals that one should be financially, emotionally and mentally prepared to deal for with.

This is not a great situation to be in but the only way is to deal with it in the best possible manner

In this post, you will learn 10 ways you can deal with a layoff.?

By the end of this post, you will know pragmatic ways to handle such a situation should you find yourself in one.

1. Acknowledge your feelings

It's normal to feel a range of emotions on being laid off - anger, sadness, frustration, even betrayal.

Allow yourself to process these feelings and don't suppress them. Give yourself permission to validate your feelings. Prioritise your emotional health over financial - especially at such a time.

2. Reach out for support

Talk to friends and family, or consider joining a support group for people who have been laid off. This will make you realise you are not alone and can also give you a community to reach out to for support.

3. Take care of yourself

As I said earlier, self-care is of utmost importance if you want to bounce back and take care of your family.

Make sure to take care of your physical and mental health. Eat well, exercise, and get enough sleep. Consider this as a time you can relax, spend time with family and focus on your health and wellbeing.

Remember the golden statement, Health is Wealth!

4. Stay positive

I know times are bleak. But try to focus on the positives and look for opportunities to grow and learn. Your positive attitude is key to keep you going till you get over the hump and get a new job

Focus on all your achievements and skills. Consider it as a time to rebramnd yourself showcase your talent once again to the recruiter.

5. Focus on your goals and future

Instead of wallowing in the present for too long, try to look forward. Think of this as an opportunity to pursue your dream job or career. Think of all your future plans, think about that dream startup.

Take a minute to re-evaluate your life. This really might be turned into a great opportunity rather than overcoming a layoff.

6. Be patient - even with yourself

It's okay to take time to process the layoff and grieve the loss of your job. It might have been your whole identity. And that needs time to get used to.

Things may take time to shape up. A great job may not appear on your timeline. So grab. on to the support of your community and stay afloat.

7. Look for any training or learning opportunities

This could also be a great time to upskill yourself. This could also boost your self-esteem and help fill hours in the day. There are tons of free resources like YouTube where you can learn through video tutorials. Your new skills might end up opening new avenues for you!

8. Network actively

This is also a great time to get on Linkedin and connect actively with people. Research shows that your connections are incredibly valuable in finding you your next job.

Pro-tip: Networking is something you should do on a continuous basis because you need to build your network before you need it.

To conclude, stay positive and use your time productively. Be kind to yourself and forge on!

The golden mantra for success is - Never underestimate yourself and push hard on your goals, It is important to try till you make it.

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Saurabh Kumar

Protecting humans in the AI Era || AI Safety || I get businesses the CXOs || Blue Tokai || Angel Hunt (Bumble for investors & founders) || ZiffyHomes (YC S18)

1 年

If I can add, then 9th step to take would be to join communities that act like a support system. It's much needed to get over the negative self-criticism and move to a positive mindset.

Jackson Gudinho [Y.O.L.O]

23K Global Followers|| ChatGPT with AI Tools || Prompt engineering practitioner|| Lead Business Analyst RPA || Technical Lead || Delivery Lead || Trainer || Project manager || Scrum planning || Stock and Forex Trader

1 年

Very interesting, beautiful and meaningful post dear Suman Thank you for sharing. Just worth it.??????

Sumit Keshri

Finance Manager | R2R | FP&A | Financial Analysis l Corporate Finance | Management Reporting l People Management I Transition l Finance Transformation I Service delivery l Stakeholders management l Process improvements

1 年

Thanks for sharing Suman Kher . I hope this will be of great help to many in these testing times.

Suman Kher

I coach mid to senior professionals on the path to leadership ?? | 1K+ individuals impacted | Corporate Trainer | Enhance your presence through 1:1 coaching | Communication Expert | Dale Carnegie certified

1 年

Talk to me here - https://calendly.com/sumankher Download my free guide on strategies to improve communication - https://lnkiy.in/6Strategies

Pradeep Pendalwar

Overseas Education/Study Abroad Education- Student Recruitment, Client Relations & Key Account Management l B2B & B2C Education Domain l NIT-Jaipur l NIT-Rourkela.

1 年

Very well articulated.It is the need of the hour.

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