How to Come Out Ahead from a Layoff

Layoffs have come hard and fast in the first two months of 2023, with several high-profile companies taking part, such as:

• Google (6% of its workforce)
• Disney (3%)
• Salesforce (10%)
• Yankee Candle (13%)
• Goldman Sachs (8%)

Being suddenly thrust onto the job market without a regular paycheck is scary, and the prospect of a long job search can be overwhelming. Beyond the stress of finding a new job, getting laid off frequently creates enormous grief as your world is upended. While you may not have much time to grieve your old position as you pursue your next one, taking the time to process what happened is one of many helpful actions you should take if you get laid off.

On today’s episode of Find Your Niche: A Career Podcast, host Lori Cole offers advice on how to handle a layoff. When processing the bad news, Cole reiterates that you need to work through the understandable negative emotions that layoffs cause before diving into a job search. Some of her suggestions include:

• Finding something you enjoy doing that can help you process the layoff
• Writing down your accomplishments to highlight them in your search
• Figure out what type of company you want to work for
• Define your definition of success at work
• Ask for help from your inner circle

In addition to these suggestions, Cole is joined by Dr. Jeffery Sassmannshausen, a board-certified Dermatologist, to discuss finding a work-life balance in a busy profession.

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Enjoy the full episode for career advice on navigating a layoff, and subscribe to Find Your Niche: a Career Podcast wherever you listen to podcasts. Additional content is available on our YouTube Channel!