๐Ÿ’ผ How Employees Can Cope with Layoffs โ€” Emotionally, Financially & Professionally

Layoffs donโ€™t just take away a job โ€” they can shake a personโ€™s identity, stability, and self-worth. Even the most resilient individuals can feel overwhelmed. But losing a job is not the same as losing your value. With structure, support, and a clear plan, this phase can become a transition โ€” not a dead end.

๐Ÿ”น 1. First, Acknowledge the Emotional Shock

Itโ€™s natural to experience:

  • Shock or disbelief

  • Fear about finances and future

  • Guilt or shame when telling family or peers

  • Anger or betrayal toward the organisation

What helps:

  • Take 2โ€“3 days to process โ€” donโ€™t react impulsively

  • Speak to someone you trust โ€” donโ€™t isolate

  • Remind yourself: this is a financial decision by a company, not a personal failure

๐Ÿ”น 2. Get Clarity Before You Leave

Before your last working day, talk to HR about:
โœ” Final salary, notice period payout
โœ” PF, gratuity, medical insurance expiry date
โœ” Experience or layoff letter (important for future jobs)
โœ” Whether the company offers career transition support

๐Ÿ”น 3. Secure Your Finances

Step Purpose
Calculate 3โ€“6 months of expenses Helps manage anxiety
Cut non-essential spending & subscriptions Prevents financial drain
Use savings or emergency fund sensibly Avoid high-interest credit card debts
Discuss loan EMIs with banks early EMI moratorium or restructuring is possible

๐Ÿ”น 4. Protect Routine โ€” It Protects Mental Health

After a layoff, time feels endless and motivation drops. Thatโ€™s when structure saves you.

Create a simple daily plan:
๐Ÿ•— Fixed wake-up & sleep time
๐Ÿ’ช At least 20โ€“30 mins exercise
๐Ÿ“š Skill learning or job search time
๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘ง Meals with family, social connection
๐Ÿ“ต Limit doom-scrolling and comparison

๐Ÿ”น 5. Rebuild Confidence โ€” Not Just a Rรฉsumรฉ

  • Update LinkedIn, rรฉsumรฉ, portfolio โ€” make it achievement-oriented

  • Ask colleagues for testimonials/recommendations

  • Attend online workshops, webinars, certifications

  • Reach out to mentors, seniors, HR contacts โ€” networking gets more jobs than job portals

๐Ÿ”น 6. Skill + Adapt = Future Security

Use this phase to future-proof your career:

  • Learn AI tools, analytics, communication, or a second domain skill

  • Explore freelancing, consulting, remote/project-based work

  • Develop leadership, emotional intelligence, crisis-handling โ€” skills no AI can replace

๐Ÿ”น 7. Watch Your Mental Health

Seek help if you notice:

  • Persistent hopelessness, crying spells

  • Poor sleep, panic attacks, guilt, worthlessness

  • Using alcohol, nicotine or cannabis to โ€œcopeโ€

Professional counselling or psychiatric help can prevent deeper depression or anxiety disorders. Seeking help is strength โ€” not weakness.

๐Ÿ”น 8. The Shift in Perspective

A layoff is not proof of failure โ€” it is proof of change. Many people later realise it was the turning point that led them to a better job, business, higher education, or a healthier life.

โœ… Final Takeaway

โœ” Feel it โ€” donโ€™t suppress it
โœ” Stabilise finances and health
โœ” Go back to routine and self-discipline
โœ” Learn, network, upskill โ€” use this pause as preparation
โœ” Remember: Your job was lost. You were not.

๐Ÿ‘จโ€โš•๏ธ About the Author

Dr. Srinivas Rajkumar T
Consultant Psychiatrist, Researcher & Mental Wellness Educator
Mind & Memory Clinic โ€“ Apollo Clinic (Opp. Phoenix MarketCity), Velachery, Chennai โ€“ 600042
๐Ÿ“ž +91-8595155808 | ๐ŸŒ www.srinivasaiims.com

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