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Craig J. V

Experienced Financial Analyst

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How Do You Recover From A Layoff?

I have been laid off a couple times. It's pretty scary, especially if you have a family. I have always bounced back, and I attribute it to my positive outlook on life. I want to know how others have coped with being laid off. Please provide your comments.

Craig
www.sayhitocraig.blogspot.com

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Craig
www.sayhitocraig.blogspot.com

posted May 7, 2008 in Job Search, Career Management | Closed

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Answers (81)

 

Phil L

Information Technology Manager/Consultant

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Layoff, fired, being really sick, etc. Anything that takes you out of the job market causes problems now because of the heavy use of gatekeepers by many major institutions. They refer to them as gaps in employment!

I use to work six or 9 months a year and take the rest of the time to have some fun. Lately however, everyone seems interested in "my employment gaps" and it has had a negative effect on my hirability.

I do not like having to explain to strangers why I took off. In fact, that fact should have no bearing on employment at all. Most of the times I took off so I could learn the latest and greatest, keep up in the field and all that! Other times it was just to spend time with my kids because, as a contractor, I spend many months at a time onsite. The last time I was deathly ill (literally). Now we can add potential "health problems" to the gatekeepers walls.

I've said it time and time again, the current staffing methods used are obsolete. It's a no wonder only 10% of hires are actually qualified for their positions.

posted May 7, 2008

 

Steve S

Your Friendly Neighborhood Inventor -- LinkedIn Q&A

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Truthfully, I haven't yet recovered from my last layoff.

posted May 7, 2008

 

Hasan U

Student at University of Manchester - Institute of Science and Technology

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I actually think being laid off is one of the best things that could happen to one. It means you are free to do whatever you want, it's a new opportunity. You have literally been let go. Instead of being depressed about it, you should look at the new opportunities ahead of you. I lost my job once and now I run my own business, it has its ups and downs but it's still 100 times better than being stuck in an office all day asnwering to others, and not having control over my own destiny.

posted May 7, 2008

 

Sanjay K

Senior Project Manager at Mindtree Ltd.

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I had never lay off so far however one has to be eady for the worst. In India many IT professionals manage this change with having multiple skills. They are early adapter of technology change and get migrated to newer technology.
I manage this by shifting between organizational inititives and technologies.

posted May 7, 2008

 

Mary Allison Y

Account Executive/Business Development at Tech USA

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Honestly, I have never been laid off, but I work with several people on a daily basis that have or are currently experience the unfortunate circumstance. My words of advice in coping with the situation would be to stay positive and REALLY try hard to utilize the people you know, connections you have and be open to exploring your options. Talk to everyone, let them know what is going on and what you are looking for. Landing the next best opportunity is usually met by those who you know.

Thanks.

posted May 7, 2008

 

Michelle V

Volunteer at Haley House Fund

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I wish I had a great answer for this question. Being a fairly positive person I have always tried to hang on to that and keep looking then in a few weeks something even better and much MORE then the last job has always popped up.

Right now I am coming off a medical leave. Luckily I was able to still do my volunteer troop support while I was in recovery from getting a new Achilles tendon. The Wounded Warrior guys never minded if I visited even when I was stuck in a wheel chair, walker, crutches or cane. Because I could still write press releases and help plan events with my leg up and on ice there are no real gaps in my resume time wise. My trouble seems to be no one takes my 5 plus years of working the event planning and fundraising as serious because I did this as a volunteer on the side while working a full time regular job. Usually we have no budgets and had to find everything we needed.

Since I got hurt the amount of negative stuff dumped on me from all around has been horrible. I have been using the Hay House Radio shows to help me stay positive. They have many different types of radio shows by different authors using positive thinking and life coaching approaches. SO far no one has even asked me how I have handled the depression so it must be working.

posted May 7, 2008

 

Doug H

Colorado Territory Manager at Charter School Management Corporation, Inc.

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I take the perspective that others have recovered so I can too. When I was laid off, I don't recall ever panicking. In fact, I recall my boss being amazed that as the sole wage earner of a family of five, I had no anxiety whatsoever. Anxiety doesn't help anyone, unless it motivates you to go work hard to do something else.

I immediately hung my shingle as a consultant and begain networking and looking for jobs at the same time. At the same time, my wife, as a free-lance writer and editor redoubled her marketing efforts.

When I found a new job eight months later, we had more money in the bank than when I was laid off. In fact, if we worked that hard and that creatively all the time, who knows what we'd accomplish.

I think the key components were:
positive attitude
commitment to creative ways to make money
piecing together an income from various sources
networking, networking, networking
value of not having burned bridges with past clients and bosses

posted May 7, 2008

 

Bruce Tracy B

Recruiter / headhunter

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Most excellent question.

I was an engineer for about 20 years. As an engineer you get used to such things after a while (Mamma's don't let your babies grow up to be engineers). Every time I lost my job the company either moved and I would not or they closed. The first time was devastating to me because it caught me off guard, which leads to my answer...

PREPARE: remember that chances are good that no position is "permanent" these days. So...

Always have money in the bank for easy access. The rule of thumb says 3 months; I say at least a year. You say, how do I do that. I say, give up some of that stuff that is not essential to life, like the 4 tv sets and the 3 cars. Save, its your future.

Keep yourself current on whatever it is that interests you. If you are into a certain technology, study it and make sure you know everything there is to know about it. That way you can truly show enthusiasm at an interview.

Be prepared to move if you have to - you can always move back later on in life if you like where you are.

Prepare by always keeping in mind that you need to learn how to do things for yourself. As an example, as an engineer I always positioned myself in jobs where I learned how to run a business. Take all of the training that your company offers (its usually free). By my second or third year as an engineer I had learned a lot about running a business. It has helped a lot since I have been doing just that for 8 years now.

Prepare for the worst, expect the best...and this does not only apply to your career.

Bruce Tracy
Technical Professionals, Inc.
Recruiter/Owner
btracy@technicalprofessionalsinc.com

posted May 7, 2008

 

Paul A

Consultant to HR & Administration VP at Atheeb Telecoms Consortium

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Craig,

Interesting question. Personally I'm not keen on phrases such as "bounce back" or "positive outlook" to me they infer getting over a bad date and lets face it getting laid off, redundant, fired or anything else that means that you have one more payslip coming through the post is nothing like being told "you are a nice person but but I think we need more space/time to grow..."

OK lets face it being told that your job is no longer there is not a major surprise in 75% of the time. There have being rumblings, the odd whispered conversation and the boss or the guys in IT failing to make eye contact with you. It's at this time you need to be getting on the old network or start developing a new one. LinkedIn is not bad, there are many others if you look around. But also go outside the box on this; check out if there are any professional sites or organisations most trades have some sort of electronic body where ideas and news are traded around. Get your voice out into this space. Don't spend hours on it but make it part of your daily working ritual.

Start making a plan. Expect the worst and do not assume you will walk out of one role and into another the same day. Attempt to keep the same working habits the temptation is to take a break - try not to, we all know how tough the first couple of days is back at work when you have taken a holiday. At the same time check out your skills. Is there something you have been meaning to do but never had the time I'm talking about qualifications not pottery unless of course that is where you want to take your career. All this can be used for the 25% that did not see it coming, get a plan and keep to it at this time when everything is up in the air having some fixed tracks in the ground can really help. Try to keep a couple of days for phoning, research and checking the job boards and a couple for interviews. They don't have to be set in concrete, they weren't at work! But if you have a schedule that has a bit of flexibility it does help.

Check out your firm's opposition. They could be doing better than your firm and looking to expand. Keep a record of where your CV is going to. Excel is best as you can expand the information as you go along but make sure that you have Date sent, Company name, Contact name, Agency (if used), Role title, Potential Salary and Interview stage. This really helps if you are into the long haul and if you start using agents (they do have their uses) as it ensures that there is no duplication of submission, etc. I have found in the past that it helps to print out the ad that you are responding to, especially when you get a call from someone in HR or a recruiter, it helps stopping you sound horribly blank and as though you have sent 149 responses that morning and have no idea what role it was that made you feel it was written just for you!

For the record I have been the victim of a market downturn, three times in fact. One I didn't see coming the other two I made sure I was aware of what was going on and was lucky enough to start when I wanted. And that break/holiday? Try to do it the week before you start it doesn't matter if it is with a tent or just a couple of days exploring the surrounding countryside it does help draw a line and recharge the batteries...

posted May 7, 2008

 

Sundi D. H

Chief Virtual Officer, My Office Zilla

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Having been suddenly ousted twice in my career I can honestly say, "Been there, done that."

Two things I'd say...First, don't sign or read anything. If you are handed paperwork then immediately ask how long you have to complete it (so you don't miss the deadline). Then take it home and let it sit for 24 to 48 hours. Emotions will probably already be high so don't set yourself up any more than you have to! Second, before you leave request a letter of recommendation...sit there and wait for it if you have to but don't leave the building without it.

On a final note...just be in the "moment." Go through all the emotions you need to and realize they are normal. Your moment may last a week or six weeks - just ride it out and you will end up better off - emotionally and professionally!

posted May 7, 2008

 

Brett C

Sr. Voice Engineer at Sempra Energy

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This just happened to me and I am having a tough time making a fast turn around into a new career. I am a network guy that has a passion for Telecom. VoIP, unified messaging, sip and video conferencing all excite me. I have been required to quickly learn new products in every position I have been in. My track record shows that I have been successful every time. Yet when an employer/recruiter looks at my resume and sees that I do not have that exact product name on my resume, I am not considered for the position.

posted May 7, 2008

 

Ron K

Vice President Total Living International

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I drink, but I'm not a role model

posted May 7, 2008

 

Mark H

Associate Partner at Edwards Executive Search

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Craig:
I have layed people off and been laid off. The best way to "recover" is to evaluate what you learned from the job and what you are most interested in taking to the next job or role. The worst thing you can do is to overly personalize it and to look at how or why you were "victimized", at the end of the day it doesn't matter. If there was valuable feedback about how you did your job or how you could improve then incorporate it into your "toolkit".
I don't think there is nearly the stigma associated with being laid off that there once was. I also felt it taught me a valuable lesson that I am solely responsible for my own career and success and that I can and will survive.
I have been told by managers that I can be a "challenge" because I don't fear losing my job for the right reasons. I maintain control of my destiny.
The most important advice I have for you is look forward not backward. I have seen groups of people impacted by a layoff huddle together for bitch sessions about how they were "wronged"-highly unproductive.
Don't be afraid to let people know you are now available and looking for new opportunities. Stay positive and focused. This is not the time to quit your membership in the gym and huddle in a corner.

posted May 7, 2008

 

Gary C

Director Strategic Partners at LibreDigital

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I have been whacked once in a lay-off and choose to leave with the first round at another place (I was sickened by the entire matter). Another time, I resigned to be at home for my son (and paid a mighty price with the gatekeepers)

At this stage of the game, with other matters and interest having taken a greater share of my mind and soul, perhaps - I would view a layoff as nothing but an opportunity to jump into those areas of interests without lamenting the income I would be leaving behind if I did so voluntarily.

People have seen me say this often with these types of questions, but it bears repeating; Space I can recover. Time never. The same applies to each of us.

posted May 7, 2008

 

Marcelo L

Director en CIO America Latina y Editor de PCWorld Latino America

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Craig

My answer is built with just two words:
ATTITUDE and creativity.
But none of this is possible without a brave wife.
I hope it is useful to my answer

posted May 16, 2008

 

Lukáš V

SDM, Pythian Europe at The Pythian Group

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I really like this Heinlein quote:

"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."

Which leads to the answer to your question. If one knows all this, no need to worry about lay offs... one will always find his way through life.

I've to admit I got few on the list to catch up on.

Links:

posted May 16, 2008

 

Paula A

Recruiter at Kenexa

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Being laid off can be sad and scary. Facing the possibility of being unemployed and finding a rewarding new job can being about a lot of anxiety. However, it is very important to remain calm and as sensible as possible. There are a lot of opportunities out there, you just need to open your eyes and ears and keep moving!

posted May 16, 2008

 

Lauren A

A highly focused, versatile media professional and Project Manager

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When you get laid off you go through a period of mourning, just as though you have experienced a death. Those emotions need to be recognized and supported. You need time to experience all of those emotions. I was laid off last year and the emotional swings are very intense and often under appreciated. It is more than you job it can often be a sense of self and identity.

posted May 16, 2008

 

Jay L

HR Director & Operations Manager at Focus HR, Inc.

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As an HR person that has confronted hundreds with layoff or termination, as well as someone that has experienced it first hand I say yes, this can be scary, but it is also an opportunity and can be energizing. My recommendation is first take a careful, detailed inventory of yourself. Are you in the right career field (like what you do?), are you qualified (need to go back to school?), do you see a future in it (some industries are doomed for the future). Find YOUR direction. Then, who do you know? Start digging into that network. Make any and all connections that you can. Give as well as get! See how you can help them.

Have faith that you will survive! Keep optimistic. Get some exercise, avoid depression. Seek outside support to assist you in what ever you need. Realize that you really didn't want to work for that company, if they didn't want you to work there. Consider starting your own entrepreneurial venture.

Do something positive each day. Constructively congratulate yourself on every step forward you make. Redo the resume, apply for a job, make some networking phone calls... Go play. Keep your attitude/spirits up, optimistic, and positive. Your outlook makes a huge difference!

posted May 16, 2008

 

Jemily J

Manager - Client Relations at Solitaire

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I wish this were one of those questions where I can draw from my experience and tell you how I deal with it. I am not sure whether I would be able to deal with it let alone deal with it positively.

Would like to know though what helps you pull yourself together....

posted May 16, 2008

 

William B

President at ECI Biotech Recruiters & PharmaceuticalJobSite.com

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Best Answers in: Staffing and Recruiting (1)

I could write a book on the subject, but I will limit my answer to one thing.

You start preparing for your next layoff the day you receive your next job offer. In other words, don't wait till you have a pink slip in your hand before planning the future. Keep in touch with all your old contacts, and make a deliberate effort to make new contacts that could help you in a future job search.

And once you make a new contact, keep in touch with them, even if it is just an email or quick phone call every 6 months. People are more likely to help you if they have heard from you a number of times, than if they met you once, and 4 years later you call them up looking for help.

Have a strong network in place long before the next layoff comes. The best way to recover from a layoff is to get another job quickly.

posted May 16, 2008

 

Paige D

Clinical Specialist at Medtronic Neuromodulation

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My first job out of college in which I was promoted 3 times in 5 years resulted in a company wide layoff due to financial difficulties. Not knowing any better I took it personally and was completely devastated. Despite that in less than a week I was actively job searching and interviewing. To my suprise no hiring manager or company viewed the layoff as a "big deal" or an issue regarding employment with them.

Everyone understands the market conditions these days and anything holding a job seeker back lies primarily on themselves....confidence, positive attitude and optimism comes across in an interview. If these qualities aren't present then they probably will not have much luck against the other candidates.

posted May 16, 2008

 

Jimena Bianchi LION (

IT Recruiter/ Selectora de Personal at HP

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I have been recently laid off as well and I think that everything happens for a reason. I strongly believe that attitude is a key point in life. For those that have been laid off, there's nothing to worry about. You should always be open to career opportunities even if you have a job because life and things DO change.

posted May 16, 2008

 

Rona R

Information Technology and Services Consultant and Professional

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The answer is already in your question: the word "Recover". When am laid off it is the worst and most stressful time for me: I am scared, I am totally afraid of future, I feel real pain in the whole body, I can't sleep, can't eat, can't do anything, I feel like I am disintegrating and falling apart.
But I have a family to take care of and therefore I need to survive to keep us going, So I have worked out my recovery path. My way to stop this nightmare is to plunge into education, to engage myself in self-teaching and self-healing. I bravely go to all the interviews and create a list of the presently required skills which I write down when listening to the questions they ask me during the interview. Then, I ask myself a question: what is the set of skills which is in demand now, and what new skills I have to get in order to get this new job? Then I buy the books, educational CDs, and start studying like crazy. Then I go to the BrainBench and take all the tests needed and I take them again and again, until I get certified. Eventually, I become pretty much busy by sending my Resume to all the open jobs through Dice and Monster daily, reading books, taking tests, planting garden in the backyard and cleaning the house, Being positively busy is my RECOVERY path.

posted May 16, 2008

 

Anne W

Experienced Human Resources executive

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Best Answers in: Personnel Policies (1)

Losing a job is a grieving process, and you typically go through all the stages of grief while you're processing it. You need to take really good care of yourself: get enough sleep, eat right, exercise, spend time with people who lift you up and make you feel good. And sometimes, you just need to give in to feeling lousy about the situation. But don't stay in that place too long.

Unless you have an amazing severance package or other resources, you have to not let yourself get sidetracked from finding your next opportunity. If you're in job search mode, you are your brand and you need to figure out your daily sales and marketing plan. Be very clear about the kind of job you seek. Write out your daily "to do" list of people with whom you need to network, research you need to do on the companies where you'd like to work, call in favors, be bold and cold call people who might be able to help you. Stay "up" and focused; it does pay off in the long run.

posted May 16, 2008

 

Rey S

Global Demand Manager at Abbott Diabetes Care

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Hi Craig,

I've been laid off twice in the last three years. In both instances, I simply switched my perspective: It's not that I didn't have a job, I had a job. My job was to find a job. Monday through Friday, I would do my job search routine in the morning. Afterwards, I'd spend time on my own well-being or prepare for the next day's interview. On Saturdays, I went to a job networking group so I felt good that I was even putting in "overtime" on my job. I cut down on my expenses. And I was also glad that I had at least a year's worth of expenses saved up. I also asked people to pray for me. Actually, I asked them to fast and pray for me, explaining that I couldn't afford to fast since I didn't want to risk fainting from hunger in the middle of a job interview.

Actually, I consider both lay-offs as heaven-sent. Each got me to a better place, career wise and financially -- my savings weren't even touched. I don't know whose fasting and prayers it was that got me the jobs but I'm sure grateful.

posted May 16, 2008

 

Tim C

SAP Account Manager LION TopLinked.com MyLink500.com

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That is a great question.

I have not been laid off, but I have taken a package and then out of work soon after 9/11 and it is not a good feeling when you loose that income stream. I personally believe you need to have a strong will to survive, a positive outlook, faith, a belief in yourself and support from family and friends. You also need to be willing to "adjust to the market" and determine how to transition your skills into another skill or be prepared to wait it out until you find a similar job in you line of work. You can also increase your odds of finding a job sooner if you are flexible on relocating and salary in the next position. You may have to consider taking a lesser job title to get back into the job market.

In a perfect world you would have 3-6 months of savings, but how many people do that? In the short term I think the person has to be willing to "change careers" and this might have a long term affect. Getting laid off may be more of the market condition and very little fault of your own, but it is a devastating feeling so you need to think about "what else can I do"? What is happening in the market today? What jobs are hot and what businesses are thriving in spite of a turndown. Is this job going to continually be affected by downsizing and lay offs?

Each person must decide what is best for their situation, but I think it is a good idea to go through a questioning phase and maybe even try something new. It may also help get your mind off the "lay off" and you might find a new career. This happened to me as I continued to adjust from one industry (and job type) to another and to another and now I am able to help people find jobs and it is a rewarding feeling. I am glad I made the change and adjusted.

posted May 16, 2008

 

John ジョン S. R

APAC Business Development / Marketing Professional | Global Citizen | Photographer | Guest Lecturer

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Good day Craig,

‘Guerrilla Marketing for Job Hunters’ is an excellent career development resource (including addressing this issue) worth checking out.

Regards,

John S. Rajeski

Links:

posted May 16, 2008

 

Richard A

Media and events sales and management consultant.

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In 32 years I have experienced four lay-offs and the closure of my own business. I guess that is what happens when you have worked through several economic cycles.

Setting aside the business closure (successful and blossoming on 10 September, unviable 12 September) no lay-off came as a surprise. There were signs, rumours, etc. I am sure that is usually the case so, unless you are in denial, you will have time to plan ahead.

That planning is so important because, if the lay-off comes as a shock, someone else has controlled your immediate destiny; you feel helpless. Planning puts control, to a greater or lesser degree, firmly in your own hands.

If you have the luxury of a financial cushion (ref the excellent advice in other answers suggesting setting money aside) then you have bought time to think and re-evaluate. Regardless, take as much time as you can to decide what you want to do next.

Do I want to get a job doing the same thing I was doing? Is this situation an opportunity to upskill or retrain? Do I want to go it alone? Maybe take more control of my own destiny?

I recommend discussing your options with people you respect and you know will give you a clear, unsugared perspective.

Then, whatever course of action you decide to take, approach it from the viewpoint this is your decision. The lay-off was in the past, and you have no use for a rear view mirror.

posted May 16, 2008

 

Joel L

Quality Engineer

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When I was kicked out of law school in another state with four kids, I decided to learn my lesson and "Dig a well, when your not thirsty". I became desparate and took a job making less money than I was worth, so I could get established in the workforce again. Immediately after that I started to network and got another job within 2 years that paid 60% more than what I made before.

Now I have developed a very sophisticated self marketing promotion program that can be found at the link provided below.

Links:

posted May 17, 2008

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