πΌ How Employees Can Cope with Layoffs β Emotionally, Financially & Professionally
Layoffs donβt just take away a job β they can shake a personβs 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.
πΉ 1. First, Acknowledge the Emotional Shock
Itβs natural to experience:
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Shock or disbelief
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Fear about finances and future
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Guilt or shame when telling family or peers
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Anger or betrayal toward the organisation
What helps:
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Take 2β3 days to process β donβt react impulsively
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Speak to someone you trust β donβt isolate
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Remind yourself: this is a financial decision by a company, not a personal failure
πΉ 2. Get Clarity Before You Leave
Before your last working day, talk to HR about:
β Final salary, notice period payout
β PF, gratuity, medical insurance expiry date
β Experience or layoff letter (important for future jobs)
β Whether the company offers career transition support
πΉ 3. Secure Your Finances
Step | Purpose |
---|---|
Calculate 3β6 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 |
πΉ 4. Protect Routine β It Protects Mental Health
After a layoff, time feels endless and motivation drops. Thatβs when structure saves you.
Create a simple daily plan:
π Fixed wake-up & sleep time
πͺ At least 20β30 mins exercise
π Skill learning or job search time
π¨βπ©βπ§ Meals with family, social connection
π΅ Limit doom-scrolling and comparison
πΉ 5. Rebuild Confidence β Not Just a RΓ©sumΓ©
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Update LinkedIn, rΓ©sumΓ©, portfolio β make it achievement-oriented
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Ask colleagues for testimonials/recommendations
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Attend online workshops, webinars, certifications
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Reach out to mentors, seniors, HR contacts β networking gets more jobs than job portals
πΉ 6. Skill + Adapt = Future Security
Use this phase to future-proof your career:
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Learn AI tools, analytics, communication, or a second domain skill
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Explore freelancing, consulting, remote/project-based work
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Develop leadership, emotional intelligence, crisis-handling β skills no AI can replace
πΉ 7. Watch Your Mental Health
Seek help if you notice:
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Persistent hopelessness, crying spells
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Poor sleep, panic attacks, guilt, worthlessness
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Using alcohol, nicotine or cannabis to βcopeβ
Professional counselling or psychiatric help can prevent deeper depression or anxiety disorders. Seeking help is strength β not weakness.
πΉ 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.
β Final Takeaway
β Feel it β donβt suppress it
β Stabilise finances and health
β Go back to routine and self-discipline
β Learn, network, upskill β use this pause as preparation
β Remember: Your job was lost. You were not.
π¨ββοΈ About the Author
Dr. Srinivas Rajkumar T
Consultant Psychiatrist, Researcher & Mental Wellness Educator
Mind & Memory Clinic β Apollo Clinic (Opp. Phoenix MarketCity), Velachery, Chennai β 600042
π +91-8595155808 | π www.srinivasaiims.com