Coping with a Layoff

published on 30 December 2021

The Covid-19 pandemic has led many companies to make tough decisions of laying employees off. While some of these companies have approached these decisions with empathy, many others have adopted a callous approach in executing them. Uber laid off 3500 employees representing 14% of its workforce in May 2020. Similarly, Better.com laid off 900 employees over a Zoom Call in December 2021. While these are only two examples out of the many, layoffs and the time after can be a very difficult experience for employees 😔. Finding out you don’t have a job without any prior notice, for no fault of yours, can be difficult to accept and cope with 😰. But in challenging times like these, FAANGPath’s got you 🤝.

FAANGPath has helped thousands of candidates get hired at FAANG+ companies.
FAANGPath has helped thousands of candidates get hired at FAANG+ companies.

In this blog, we’ll talk about some ways to cope with layoffs and how our mentors at FAANGPath can help and guide you to land your next job.

Don’t take it personally ⛔️

Know that this rejection is not personal.
Know that this rejection is not personal.

The first and foremost thing to do is draw a line and understand that layoff decisions are NOT PERSONAL. Your association with your employer is a ‘business relationship’ and when things go south, they might have to make tough decisions. This certainly doesn’t nullify your feelings of distress and disappointment, but once you accept this, it can help you clear your mind.

Rejections can hit one hard, but ask yourself, “What have you gained?” and move to the next phase of your career. Rather than spending time and energy trying to figure out what you did wrong that led to the layoff (because there isn’t anything you could have done), focus on what you can do next.

Decide What You Want To Do Next 🔜

Since you have already had experience working in the industry, you know what you like to do and what you don’t. Check if the role you were earlier working for is the one you want to continue with, or if it is time for you to make adjustments to what you do next. If your answer is, "I want to do something different" - then spend time identifying whether you have the right skills to be able to do it and what you need to work upon to be successful in the new role. Introspect as to what you want your ideal career to look like for the next few years, and work towards it. 💯

Our amazing mentors at FAANGPath can help you with any mentorship you may require.

Document Your Accomplishments 📝

Writing things down can bring much more clarity to your thoughts.
Writing things down can bring much more clarity to your thoughts.

Now is the time to start documenting all that you have achieved so far. Tough times are part of all journeys but it is what you have learnt from your past work and experiences that will help you navigate your way to the next job. Make a list of all your accomplishments, achievements and victories and see how you can leverage them through your resume to tell your next employer how good you are.

Start Working on Your Resume 📋

Optimize your resume and align it with what you want to achieve next.
Optimize your resume and align it with what you want to achieve next.

This is where the actual work begins. Rework your resume to reflect your past work experience and skills that make you the best fit for your next job. Your resume will be your best friend during the entire job search process. Hence, you must ensure you build a compelling resume that can help you land interview calls from your dream companies. Resume writing is a skill. To find out more about how to build the perfect resume, take a look at our previous blogs:

Your Job Search’s best friend - Your Resume
How To Use the FAANGPath Resume Template to Build Your Perfect Resume

Get active on LinkedIn 👩‍💻

Most professionals tend to go inactive on LinkedIn once they’ve landed a job and are comfortable with what they do, and this can hurt you ✖️. But it’s never too late. Get back on LinkedIn and start building connections actively. LinkedIn is one platform that, if leveraged appropriately, can help job seekers land offers not just from one, but multiple companies and skyrocket your career 🚀. Optimize your LinkedIn profile, start putting out feelers, reach out to people who can help you, schedule coffee chats and ask for a referral if you find a role that suits you. Here’s a detailed guide on how reaching out to people on LinkedIn can be a game-changer in your job search.

Find the right people, build a strong connection with them, strategically ask for their help and then patiently follow up.
Find the right people, build a strong connection with them, strategically ask for their help and then patiently follow up.

Also Read: How to use LinkedIn to find a job in 2021?

Taking FAANG resume review and LinkedIn makeover services will help you. See how FAANGPath’s LinkedIn Makeover services have helped talented people to get their dream jobs in companies like Facebook, Apple, Amazon, Netflix, Google, Microsoft, and more here!

Look after your Mental Health 🧘🏻

Layoffs can take a toll on your mental health. It can take a hit on your self-confidence and self-esteem. You might question a lot of things in terms of what went wrong, why you out of all, or what you could have done differently. But please know that there isn’t a single thing you could have done differently. Layoff decisions are affected by a lot of other macro factors and very rarely have anything personal to do with employees who have to go through it.

Feeling upset is normal, but don’t close yourself off. Talk to your family, friends and loved ones. Spend time with them and let them know what you’re thinking. Seek help and communicate your feelings. Hardships are a temporary phase and they only shape you better for situations you might face in the future. Approach the next job search phase of your life with optimism.

Take a look at what Nikita Gupta, a technical recruiter at Amazon and founder of FAANGPath has to say about this here. Having experienced several challenges in her professional career herself and having trained and helped thousands of job seekers make her an exceptional mentor.

Bonus: Educate yourself to understand your legal rights ⚖️

Layoffs can certainly raise concerns about finances and benefits. As an employee, it is important to be aware of your legal rights. Layoffs sometimes come with compensation packages so it may be a blessing in disguise. Ask from your employer the details of your last paycheck, whether you’ll be paid for the unused vacation time and trim down your expenses accordingly. Understand what your severance package includes and how long you’ll be able to exercise your stock options. Understand what healthcare benefits you will be able to retain, for how long and in what ways. All this can prove to be a great support while you figure your way to your next job.

At the same time, also find out if your employer can refer you and if you can obtain your performance reviews. This will help you in your job search process. Often, there is also help available from the government for laid-off workers, which you should be aware of. Educate yourself by speaking to an employment lawyer if required and ensure you have clarification on your legal rights.

Layoffs can be traumatic, but once the dust settles, you’ll notice all the positive things you learnt from the experience. But while you find your way out of it, FAANGPath is here to make your journey easy. Feel free to reach out to us for any career guidance, resume reviews or LinkedIn makeovers and our team of mentors would be happy to help you.
We’ve got you! ❤️

FAANGPath team is committed to helping job seekers to take the next step towards their dream job. The team of our dedicated mentors will provide you with an in-depth overview of resume preparation, best LinkedIn tips, interview guidance, career mentorship, and much more.

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