How to Navigate a Layoff

29/05/2024 37 min Episodio 28

Listen "How to Navigate a Layoff"

Episode Synopsis

This conversation revolves around personal experiences of job loss and layoffs, and provides tips for dealing with the emotional and practical aspects of a layoff. Sarah and Pam discuss the emotional impact of a layoff, the importance of self-care and self-reflection, and the need to build a strong support network. They also emphasize the significance of financial preparedness and continuous skill development. The conversation concludes with advice on how friends can support someone who has been laid off.

Takeaways


Experiencing a layoff can have a significant emotional impact, including feelings of shock, shame, sadness, and self-doubt. It is important to acknowledge and process these emotions.
Take time to remember and nurture your identity outside of work. Engage in activities and relationships that bring you joy and fulfillment.
Financial preparedness is crucial. Aim to have at least three months of expenses saved in an emergency fund to provide a cushion in case of job loss.
Continuously develop your skills and stay connected in your industry. Networking and building your personal brand can open up opportunities and make you stand out to potential employers.
If you have a friend who has been laid off, be there for them, offer support, and include them in social activities. Avoid excluding them due to financial concerns.