How to avoid despair and thrive post layoff? 😥
So the recession is coming (or here already some would argue) and the swathe of layoffs and redundancies are well and truly underway.
According to Inside and Sifted, here's just a snapshot of companies that have made significant layoffs in the last few months alone.
OnDeck laid off 25% of their staff (72 people).
Reef reportedly laying off 5% of the total workforce (750 people)
Carvana is laying off 2,500 employees.
Klarna is laying off 10% of its workforce (about 700 people).
Gorillas are laying off about 350 employees.
Bolt Financial announced layoffs (about 250 employees).
Policygenius is reportedly laying off 25% of its staff (about 170 employees).
BlockFi is laying off about 20% of its employees.
Compass is laying off about 10% of its workforce.
Coinbase is laying off 18% of its staff (about 1,800 employees).
Freetrade is making 15% of its staff redundant.
Perhaps you're at risk, or you're one of these 'layoffs', or you could have been out of work before 2022 and this wave of layoffs is leaving you a little hopeless about finding a job- especially a remote one!
Don't despair- it's not as bad as it seems. Easy to say right?
The first thing you should do is to take stock of your situation. Did you even like the job you were laid off from? Did you like your boss/ the people you worked with? Did you align with the company? Did the job offer you the freedom and flexibility to have a life outside of work?
If you answered no to any of these- then this layoff, although it may not seem like it now, was a blessing in disguise. Reframe it as a positive thing.
You now have a payout (hopefully) and some time on your hands. Use them both wisely to reevaluate what it is you want for yourself and your loved ones and invest your time and money into achieving it. Do you want to work remotely? Do you want flexible hours? Do you want to work in a company that has strong values or is doing something good in the world?
If you answered yes to any of these but feel like you're not in a position to be picky and should take any job- is that actually true? Assess what you can offer to a company and be confident that there is a company out there that values this- then be confident in your abilities and learn to articulate that value to employers that you actually want to work for.
If you're not sure how- I can help.
Here's more remote roles for you to check out
Happy Hump Day!
Michelle