As in life, sometimes bad things happen at work. The economy has taken a hard turn over the past year, and as a result, many companies have made the hard decision to let some team members go to reduce costs and better mitigate their overall spending. For those who are impacted by layoffs, this is a very difficult time. But while navigating a layoff can be emotionally draining, there are several things you can do to make sure you land on your feet.
Here are some things to consider if you find yourself in this tough situation:
Take care of yourself
It’s important to take care of your physical and emotional well-being during this time. This can include getting enough sleep, eating well, exercising, and taking breaks when you need them. It may also be helpful to seek support from friends, family, or a professional counselor if you’re feeling overwhelmed.
Review your finances
Losing a job can be a financial blow, so it’s important to review your budget and assess your financial situation. Look for areas where you can cut costs and consider reaching out to creditors or utility companies to discuss options for deferring payments. You may also be eligible for unemployment benefits, which can help tide you over until you find a new job.
Similarly, as you find yourself departing your previous company, make sure you have the information you need regarding any severance that is offered, unemployment benefits, or 401k rollover that will be required. It might be good to have an HR contact to help you understand the process of getting your finances back on track as you depart your previous employer.
Update your resume and online profiles
Take the time to update your resume and online profiles, such as LinkedIn, to reflect your current skills and experience. Include any relevant accomplishments or projects you worked on while at your previous job. It’s also a good idea to get your resume reviewed by a professional or a trusted friend or colleague to ensure it’s polished and effective.
Network and reach out to your professional contacts
Let your professional network know that you’re looking for a job. You never know who may have leads or be able to connect you with potential employers. Attend industry events and consider joining professional organizations to make new connections and learn about new opportunities.
Consider temporary or part-time work
If you’re having trouble finding a full-time job, consider temporary or part-time work as a way to stay busy and bring in some income. This can also be a good way to gain new skills and experience that can help you in your job search.
Stay positive and proactive
It’s normal to feel discouraged during a job search, but it’s important to stay positive and proactive. Keep applying for jobs, networking, and learning new skills to increase your chances of finding the right opportunity. You may also want to consider taking a class or getting additional training to improve your skills and make yourself more competitive in the job market.
Losing a job can be a challenging experience, but it’s important to stay focused and stay positive. By taking the steps outlined above, you can navigate this transition and move forward in your career. When you’re ready to take the next steps, consider working with our staffing experts to find new opportunities that will help you transition to the next stage of your career.