Company layoffs and downsizing can be hard on those who are still working, as well as those who are let go.
Coping with layoffs
If you’ve been laid off:
Remember that you’re a victim of the economy, not a bad employee.
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Prioritize your bills and find out if you can get unemployment insurance.
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Identify what you do well and what you like to do.
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Decide if you want a similar job or if it’s time for a career change. Talking with an employment counselor or a union representative may help you decide.
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Contact your state department of labor for information on job placement resources.
If you’re still working:
You may be worried about your own job security. You may feel guilty for still having a job. You’re also probably faced with more work.
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Give the new situation some time. Then decide if it suits you or if you want to make your own changes.
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Review your finances. See if you have enough savings to meet your expenses for a few months in case you are laid off in the future.
Staying positive
If you keep a healthy outlook, coping with change can be easier.
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Give yourself credit for all that you do right.
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Talk with people who will give you honest feedback and encouragement.
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Take care of yourself. Exercise, eat well, get enough sleep, and avoid alcohol and drugs.
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Get help if you’re stuck. Talk with your EAP (employee assistance program) or human resources representative. Or look online for workshops on managing stress and change.
