πŸ’Ό How Employees Can Cope with Layoffs β€” Emotionally, Financially & Professionally

Layoffs don’t just take away a job β€” they can shake a person’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 β€” not a dead end.

πŸ”Ή 1. First, Acknowledge the Emotional Shock

It’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 2–3 days to process β€” don’t react impulsively

  • Speak to someone you trust β€” don’t isolate

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

πŸ”Ή 2. Get Clarity Before You Leave

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

πŸ”Ή 3. Secure Your Finances

Step Purpose
Calculate 3–6 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

πŸ”Ή 4. Protect Routine β€” It Protects Mental Health

After a layoff, time feels endless and motivation drops. That’s when structure saves you.

Create a simple daily plan:
πŸ•— Fixed wake-up & sleep time
πŸ’ͺ At least 20–30 mins exercise
πŸ“š Skill learning or job search time
πŸ‘¨β€πŸ‘©β€πŸ‘§ Meals with family, social connection
πŸ“΅ Limit doom-scrolling and comparison

πŸ”Ή 5. Rebuild Confidence β€” Not Just a RΓ©sumΓ©

  • Update LinkedIn, rΓ©sumΓ©, portfolio β€” make it achievement-oriented

  • Ask colleagues for testimonials/recommendations

  • Attend online workshops, webinars, certifications

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

πŸ”Ή 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 β€” skills no AI can replace

πŸ”Ή 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 β€œcope”

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

πŸ”Ή 8. The Shift in Perspective

A layoff is not proof of failure β€” 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.

βœ… Final Takeaway

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

πŸ‘¨β€βš•οΈ About the Author

Dr. Srinivas Rajkumar T
Consultant Psychiatrist, Researcher & Mental Wellness Educator
Mind & Memory Clinic – Apollo Clinic (Opp. Phoenix MarketCity), Velachery, Chennai – 600042
πŸ“ž +91-8595155808 | 🌐 www.srinivasaiims.com

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