What To Do When You Get Laid Off - NewBalancejobs
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What To Do When You Get Laid Off

What do you do when you get laid off? Staffs get laid off when an employer needs to reduce team members, usually due to difficult economic times.  Layoffs can also happen when companies are restructured or merge with another company, eliminating some positions.

What to do when you get Laid Off

  This is more than just enough noise so that you can be a good employee in a growing industry and still be concerned about losing your job.  You’re not alone: ​​About half of American workers have “anxiety about layoffs”.  If this sounds like you, now is an excellent time to develop and improve your plan B. Preparing for the worst is a good way to improve your sleep.

  You have just been laid off or fired.  What now?  When you get the unfortunate news that you lost your job, there are some very important and necessary tasks that must be addressed.  First of all, do not panic.  While it is easy to allow yourself to descend into a pit of despair and self-blame for abandoning you, when it comes to layoffs, it’s generally less about your performance and more than the new needs of the company or the direction the business is going.

  In some cases, you can expect layoffs by observing the signs around you, including general complaint by other employees, company or management financial struggles, and of course mergers or cuts.  Of course, in other cases, layoffs are somewhat similar to exposure to lighting and seem to be coming out of nowhere.

 When you get laid off, it can be a major shock, especially if it’s out of the blue range.  You can be called in to HR and tell you that you no longer need to feel like you are run over by a truck and it is easy for emotions to escape.

  Shedding you is the result of the company’s decision, while your dismissal is the result of your actions.  Most of the time, people are fired due to poor job performance.  Perhaps you are irresponsible and have not handled your assignments well, or you do not have the skills you need to do a good job in your current position.  You can also kick you out due to personal problems – you are untrustworthy, dishonest or a bad team player.

  When you finish your job, it makes a difference whether you are fired or fired for some reason.  If you are curtailed or fired due to lack of work or any other reason, you will be entitled to benefits different than if you were fired.  Here’s what to do if you are notified that you have been fired, as well as information about what not to do (or say) when you lose your job unexpectedly.

What To Do When You Get Laid Off

Deal with your feelings.

  Yeah, I get it – but first things first. You may be angry, hurt, frightened, depressed, or depressed, at least for a period of time.  It can be a sad process – often we match up with our employer.  Sometimes our job is our identity.

  Spend a day (or a week) crying, if you feel it, and get angry at the injustice of the situation.  If that helps, and helps a lot of people, throw your anger on paper.  Write it down.  Get rid of him so as not to spoil your job search.  Then, unless you can afford unemployment, move on to your career.

Explore your Laid off benefits

  Demobilized employees are generally entitled to a number of benefits that employees dismissed from service do not receive.  For example, an employee who must leave due to layoffs is often entitled to a severance and unemployment benefit.  Moreover, a laid-off employee generally has better terms with her employer than an employee who has been fired and maybe reassigned in a different capacity and faces potential opportunities for re-employment due to the nature of her termination.

  Part of your monthly salary goes to unemployment insurance for some reason, so it is time to use it.  It is important to inquire immediately about the options available to you, and then to apply through the demobilization letter that you received from your employer.  Government services may not cover your entire income, but this type of buffer will provide some financial support and peace of mind during the transition period.

File for Unemployment

  Ideally, you will return to work very long before, but while searching, it is worth recording unemployment.  In most states, workers can get unemployment benefits for up to 26 weeks.  Since the requirements may also vary by state, you will need to check with your state’s labor department to see if you meet the necessary criteria.

  Usually, countries facilitate the process by enabling people to progress online.  Note: If you receive a dismissal from your last employer, you may not be eligible for unemployment benefits.

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  When you feel confident enough to return to the workforce, it is time to take advantage of the network of contacts you have created over the years.  How?  Start updating your social media platforms, with new job placement and qualifications on LinkedIn.  Make sure all of this conveys a professional look (meaning it’s time to delete any photos from last night with girls).  It should be done without saying, but you should also update your CV.

  Once you’ve made the necessary changes, start communicating with your old colleagues, clients, and associates.  It’s okay to tell people you’re looking for new opportunities – they might open the door to your next great job.

Minimize you expenses

  It is scary to think about what will happen if you miss a salary.  We hope you have an emergency fund (living expenses are provided from three to six months) to help you in difficult times.  Whether you do that or not, it’s time to sit down and set a zero budget based on your new income level.  Pause all unnecessary spending, such as entertainment and gym memberships, until your income level returns to normal.

  Temporary layoffs can lead to huge losses in your income, but it is important that you understand exactly how much you need to live comfortably and how long you support yourself.  Evaluate your savings and decide how much end of service reward you will receive.  Remember to subtract taxes from your separation salary to see your net income.