Layoffs were usually temporary. This meaning has now changed because, for a long time, this term has been used to refer to the permanent removal of employees as part of the cost reduction measure. One of the most difficult situations in the life of an employee is when the main source of income stops completely.
However, it is essential that you remain calm and create strategies to overcome it.
Here are some tips that can be incorporated to survive a layoff or downsizing:
o Define your network: The first step to surviving a layoff is to define a network of friends, co-workers and professional associations who can be of some help.
o Approach the human resources department: You can ask your old human resources department to help you get a job. The HR department is one of the powerful departments in an organization and has many contacts.
o Update your resume: The resume is one of the most essential marketing tools while looking for a job. Make sure your resume is clear, concise, and specifically written. It serves as one of the best ways to market your talents. With this fact in mind, make sure your resume is written in accordance with the company’s requirements. Try to present a brief description of your qualifications to the interviewer.
o Scan classified ads for potential employers: It’s important to search for potential employers, as it will give you an idea of which companies require employees with the type of skills you possess. The main idea behind scanning through the classified ads is to check those companies that are well established and not facing loss.
o Reorganize your finances: Be sure to organize your finances as soon as you’ve been laid off. Try to save more money than ever before and sell things you probably won’t use anytime soon.
o Contact your state unemployment office – As soon as possible, contact your state unemployment office as it helps eliminate the waiting period.
o Submit your updated resumes to different job portals: To get a job faster, submit your resume to as many online job portals as possible. Highlight your skills and qualifications and approach multiple employers simultaneously. Be sure to use specialized cover letters for each company and open position.
o Contact references: You can also contact references and let them know that you are back on the market. They may be able to help.
o Request a letter of recommendation: Letters of recommendation help people get better opportunities in life. To get a good job, you can ask your former employers to write a recommendation letter for you and if it is convenient and not too busy, mention what happened to your previous employer.
o Practice mock interviews: To better present yourself, you should practice mock interviews so that you can deal with the interviewer with confidence.
Losing a job is never easy; the tips above can make it easier to get your way.