Latest / Business for Humans / What to Do After a Layoff: A Step-by-Step Guide to Recovery and Reinvention

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What to Do After a Layoff: A Step-by-Step Guide to Recovery and Reinvention · Business for Humans

• 0:00
  I'm Jamie Gennaro, author, career coach, and founder of Practica Consulting.
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  In today's episode, we're diving deep into the realities of career change,
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  layoffs, and reinvention.
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  If you've been impacted by a layoff, are facing uncertainty in your career,
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  or are simply feeling stuck, I want you to know you're not alone.
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  This episode is for you. Enjoy.
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  Hello, hello. I am here today to talk to you about change, about reinvention, layoffs.
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  I want to use this episode to both grieve and identify loss and also understand
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  when one door closes, another opens.
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  And I don't want this to be full of just toxic positivity and thinking about,
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  oh, just change your mindset.
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  I want to give you some real tangible tips and things that will help you move forward.
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  And I also want to acknowledge what it could mean for you, what this change
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  and shift, why it's happening to you, and what it could mean if you shift perspective a little bit.
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  You know, the reason I want to identify this is I know in the U.S.
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  In particular, there are a lot of layoffs happening right now.
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  And for all the reasons, right? We know what they are.
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  And it doesn't make it any easier if it's happening to us.
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  And I have been laid off. Let me count.
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  I have been laid off three times and I just recently kind of wrapped up an engagement,
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  a long-term engagement in a fractional role with an organization.
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  And even though it wasn't a layoff and I'm a contractor and a consultant,
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  there's still like a moment of grieving something that you've been doing consistently
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  for a while and you build relationships with people in these spaces.
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  And so there's still acknowledgement of something coming to an end and the sadness
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  that can be wrapped up in that.
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  So in these moments of layoffs, there needs to be time to be sad.
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  You need to give yourself time to do all the things.
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  And that might mean having a pity party and feeling bad and feeling taking it
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  personally and all the things that we do. Even though layoffs mean that,
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  you know, it's not a getting fired.
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  A layoff is literally a business needs to restructure or a business is running
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  out of money or your role is not applicable to the organization anymore.
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  So interesting. I feel like I'm like trying to talk really fast.
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  There are so many things I want to say. I'm getting all excited and I need to breathe.
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  Breathe. So, always remember that that first phase of losing anything in your
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  life, it's important to not run away from the feelings, to be in it,
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  even though it sucks and it's hard, but let yourself be in it.
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  Let yourself be in the sadness, let yourself be in the grief.
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  Let yourself be in the degrading yourself and demeaning yourself.
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  Just be in there for a minute because it's the resistance that makes that stage
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  last longer than it needs to.
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  So if you let it happen and you know that feelings can't kill you, right? They can hurt.
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  But they're just going to hurt. And then that hurt is going to extinguish itself
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  because you're allowing it.
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  And then you can move forward when you're ready.
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  So I'm not saying go into bed and pull the covers over your head for weeks on
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  end, but give yourself time.
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  Give yourself time to be in that space.
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  Give yourself time to eat a pint of Ben and Jerry's and watch a bunch of movies
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  and just be in it for a minute. It's really important.
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  So sometimes we see these things coming. Sometimes we can see a layoff on the horizon.
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  And sometimes it's a shock to the system. Those two perspectives also are going
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  to shift the way that you're feeling about it.
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  Because if it's really, if the rug is really pulled out from under you,
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  there's going to be a different level of pain than if you saw it coming.
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  If it really surprised you, then there's a different level of hurt in that situation.
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  And just acknowledge that too. If you saw it on the horizon.
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  Be honest with yourself.
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  Because sometimes we go into this pity party space and we're like, I had no idea.
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  Well, you did. You saw it coming. You were probably in some way emotionally preparing for it.
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  It doesn't mean that when it actually happens, it's any easier,
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  but it is a little bit of a different perspective.
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  And so own that too and be honest about that. So I want to, you know,
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  thank you and recognize you for the hard work that you did in the job,
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  because sometimes that doesn't happen.
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  You don't get recognized enough.
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  You don't get thanked. You don't feel the appreciation from people.
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  And so if you haven't felt that, I want to acknowledge it. And you're like,
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  I don't work with you, Jamie. It's not helpful.
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  It's bullshit. But I really do think that even for yourself to understand that
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  you don't always have to seek external validation,
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  conversation that you know what you contributed.
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  You know the impact that you made. And so allow yourself to own that also.
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  So once you're through that pity party, and I don't mean that in a bad way.
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  Like, it's just like party pooper.
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  Like, okay, sometimes I'm a party pooper.
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  Sometimes I'm a teetotaler. And sometimes you need to have a pity party.
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  Like, that's fine. I'm not judging. But once you're through that phase of the grieving process.
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  Move into a space of really acknowledging the hard work and the effort and the
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  impact that you made in the role you were in before you got laid off.
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  Own it. It's yours. You get to have that acknowledgement and you get to own
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  that piece of what you contributed to that organization.
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  We don't always know the inner workings of companies enough to know why we got laid off.
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  And sometimes we never learn. We never really get to have full closure on the reason why.
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  But just know that you made
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  a valiant effort and an important contribution
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  to the company if you hadn't have made such a contribution
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  you would have been fired so now we've gone through grief we've gone through
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  that acknowledgement of the hard work that we did and then now i want to zoom
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  out and i'm gonna get a little woo-woo on you so if you're not into that sort
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  of thing you can stop listening now.
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  But I want to zoom out because one of the things that I feel really strongly about in my work,
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  And one of the things I really help support people with is this idea of you
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  don't have to be in the 9-to-5 grind.
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  Sometimes and for some people it feels like the only option.
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  But when you get laid off, allow yourself, this is phase 3, allow yourself to
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  think about what all the options could be.
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  If you didn't just go back to that normal nine-to-five grind,
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  get into the application process, get on LinkedIn, start applying for jobs,
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  if you didn't do that, what could things look like?
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  The part of what's important to me here is that I really feel like we're in
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  a moment of breaking apart old systems and old structures.
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  And no matter what you think of the politics behind what's happening in the
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  world. And I grieve for a lot of the things that are happening.
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  But you can't deny there's a breaking apart of the old way.
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  And for a lot of us, that's really scary and we don't like the direction it's going in.
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  If we didn't get too deep into the analysis of it and we realized it's just happening,
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  whether we want it to or not, there's a shift happening in general in the world
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  of the old way and a new way.
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  And I don't necessarily like the new way that I see happening,
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  but I do embrace the idea of a new way.
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  And I think that in this old structure of patriarchal work environments,
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  that's an old way that I'd
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  really love for you if you're at
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  this precipice of deciding what's next for you to just explore what it could
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  look like if it didn't look like the old way is there a creative way of getting
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  to this place of earning income that doesn't look like the way you've done it before.
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  I just love the creativity that comes when we tell ourselves and embrace this
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  idea that I could make a lot of money doing it my way.
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  That means different things for different people, but I just would love for
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  you to, you know, what we say, play in the sandbox, put every idea on the table.
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  Because what happens when we put our heads down and we go into the nine to five
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  and we get our paycheck and we feel a level of stability in that,
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  no question, but we also make a lot of compromises.
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  And those compromises are different for different people. And the reason they
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  make those compromises are great for all the different reasons,
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  but we always make compromises. And that might be in the amount of time we have to ourselves.
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  It might be in the amount of vacation time.
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  It might be in the amount of time we get to spend with the people we love,
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  friends and family, kids that we're raising.
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  It might be a compromise of having to deal with toxic people,
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  toxic environments, but we're willing to sacrifice for that because we're getting a big paycheck.
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  It might be the level of stress. It might be the impact on our health.
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  So we make these compromises for the stability of the paycheck.
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  And I'm not saying there's anything wrong with that. There's zero judgment.
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  But if you didn't have to make those compromises, and before you start getting
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  into the space of like, well, that's not possible, or I don't want to be an
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  entrepreneur, or I don't like this, or I don't...
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  Before you start finding all the reasons why there's no way that could be possible,
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  if you're in this moment, if you're already at this crossroads,
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  just allow yourself the space to explore it?
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  Because what's it going to hurt? You're over here applying for jobs.
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  That's going at its own pace. So why not just play around in a sandbox in parallel,
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  right? You don't have to give up one for the other.
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  But if you haven't landed a job yet, then give yourself some space to just explore.
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  What are all the things that could be possible for you if you allowed yourself
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  creative problem-solving space to come at it from a new direction?
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  What are your skill sets? What do people need right now?
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  For me, what I'm noticing is, you know, I had shifted into executive coaching
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  because I was seeing a lot of people in pain at work and burnout.
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  And now I'm seeing that people are back to getting laid off and being.
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  You know, in these places where they need to find income sources really quickly.
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  And that was when I started my business during COVID, that's exactly what was happening.
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  And I stepped in to support people who needed to find a creative way to earn
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  income that didn't look like the old way because nobody was even working in
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  an office, nobody was hiring, nobody knew what was going on.
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  So the only path forward was this creative way of earning income that didn't
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  look like the old way because the old way had crumbled before our eyes within a month.
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  And we needed to get creative. So I'm going back to my roots of my business
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  because that's what people need right now. I'm seeing it.
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  We're watching economic downturn.
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  We're watching inflation rise.
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  We're watching tariffs and all these things that are impacting businesses and
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  keeping them from wanting to hire.
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  And then we're also seeing reorgs, massive layoffs, and people saturating the job market.
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  So you can go the old route and you can apply for jobs just to know the level
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  of competition that you're up against in applying for those jobs.
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  Giving yourself the freedom to maybe explore something else,
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  why not? Why wouldn't you do that?
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  Think about your skill set. Think about the gap in the market.
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  It. Think about what people need. Think about how you can support that need.
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  Someone's stuck in a situation and you are providing the way out for them.
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  What does that look like? And obviously, like whatever your skill set is,
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  you can find a story line, right?
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  Like I do this. People need this.
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  I'm in the middle of the desert. This thing is going to be the thing that helps
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  people get out to the desert.
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  So let's go back to the woo-woo part.
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  Everything happens for a reason. If you believe that, then the reason you're
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  in the situation you're in right now is because there's a shift that needed
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  to happen that couldn't happen unless you got out of the job that you were in.
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  It just needed to happen. It needed to happen abruptly. It needed to happen
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  in this way because you might not have left any other way.
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  And I can say that for me, before I started my business, that was where I was at.
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  I was in a comfortable job. I was in a comfortable industry.
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  I was in a job that I did well. I understood.
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  I worked really hard at. I'd gotten to a certain place in my career.
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  And I wasn't ready to give it up. But I also knew all the sacrifices I was making
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  and how they were hurting me.
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  The sacrifices were really painful. It was hurting my health.
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  It was hurting my relationships. I was at a really high level of stress.
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  And I think a layoff is the only thing that would have gotten me out of it.
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  I kept looking forward and saying to myself, there's something else.
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  There's something else. I just don't know what it is. And it's too scary.
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  I have young kids. I don't know how I could possibly get out of this and into
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  that. I don't have a plan.
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  And the layoff forced it. The layoff forced me into this space of having to
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  figure out a creative way to earn income because I needed it immediately.
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  I couldn't wait months and months and months for someone else to decide that I was the right fit.
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  I needed to make something work because I needed to pay my bills.
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  That was it, period. Like I was in a moment of, I don't have another choice.
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  I have to earn income. How am I going to do it?
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  And of course, during COVID, I didn't have the option of going out and going
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  and finding any type of job because everything was closed.
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  It wasn't like I could, you know, try to find a job in some services industry,
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  there was no services industry.
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  So all those options that you say are kind of your plan B, they were all gone.
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  There was no plan B. So I had to reinvent.
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  Okay, so back to the more spiritual side of this.
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  So people say, believe it or not, I don't know if I fully believe it,
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  but I like thinking this way because it gets your brain thinking a little bit more creatively.
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  But people say that we've entered the age
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  of Aquarius okay whatever that means to me it's
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  that's what we would hear at the roller rink when I was a kid like roller skating
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  on my birthday that song would come on the age of Aquarius that's my reference
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  point but people say that the age of Aquarius is really this time of transformation
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  breaking away from the old structures,
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  the old ways, rigidity.
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  It's a time of embracing innovation.
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  Authenticity, like being truly honest with who you are and what you bring forward.
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  And then the other part of it is community.
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  Community is what is going to help you get to the other side.
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  It's community with other people that have gotten laid off. It's community with
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  other people that are trying to figure out a creative way to earn income.
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  It's community with going out and asking people for help.
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  This idea that you're not alone, which is why I wanted to do this podcast too, You're not alone.
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  And I'm dealing with a version of this just because I'm leaving a fractional
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  role where I was really embedded in the organization.
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  And I'm feeling that same kind of level of sadness and grief, and I'm in it with you.
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  And so many people are.
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  So when you're having your pity party and you're putting your covers over your
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  head, just know we're all here. We're all out here.
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  And then the thing to crack open is how do we find each other?
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  And then how do we form a community that doesn't feel weird or forced or,
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  I don't know, all the things that can feel funky about community?
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  How can you really find those people when you sit down with them and you're
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  like, oh my gosh, I kind of feel like I'm home.
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  These are my people. That's what we're looking for.
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  Embrace this idea that maybe there's something bigger happening here and that's
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  why you got laid off and that there's something better for you,
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  something that's more aligned with who you are, more aligned with the things
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  you need, where there are less sacrifices.
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  Believe into that and then start searching out your community.
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  So these are kind of like the four phases.
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  What are the practical steps of moving forward after something like this happens?
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  Okay, so the first one, like I said, phase one, just take a breath.
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  Don't panic in that moment though.
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  Pity party and feeling bad for yourself is different than panicking.
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  So just this is when you can start making lists. What am I good at?
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  What skills do I have? Who's my network?
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  What are all the things that I could leverage in this moment?
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  Just get them all down on paper.
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  And then look at your finances and get very real about your finances.
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  Because something that we do when we have a stable, comfortable job,
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  and also when we have a lot of sacrifices that we're making,
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  we sort of double down on giving ourselves the extras because we feel like we deserve it.
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  So we sign up for clubs and we sign up for, you know, the wine club and we sign
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  up for the whatever, you know, all the extras because we're like,
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  well, I'm working so hard.
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  I deserve it, you know. So look at all those extras that you had inflated inside
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  of your budget and start cutting back.
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  And I don't mean this to say like, oh, it's so sad and now you have to,
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  you know, pinch pennies, but get realistic about what is required and what's an extra.
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  Because I can tell you that once you stop sacrificing and you're less stressed
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  out and you're more relaxed and you're more aligned, you're going to need less of those things.
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  So if you're a shopper and you shop when you're stressed out or you're an eater
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  and you eat when you're stressed out, that costs money.
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  And so if that, and I know that there's stress around money and I don't want
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  to downplay that because I
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  100% know that and do not want to not give it the place that it deserves,
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  but it's a different kind of stress coming out of a toxic work environment versus
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  I need to get creative about where my next paycheck's coming from.
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  It's a different kind of stress. So if you don't let yourself get panicked about
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  that, and you let yourself breathe and reassess and then start kind of tapering down your budget.
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  Then we can look at it with a very clear picture.
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  Then we know, we know very, very distinctly how much money we need every month.
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  And that might not be the number that you were bringing in.
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  So if you had to add all those extras just to make yourself feel better,
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  at the end of the day it might be a quarter of
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  what you were spending if you get real about it
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  of course everyone has those extras where you're like I'm not willing
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  to give that up for me that's my yoga
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  studio membership I'm just not willing to give that up because I don't think
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  giving that up is going to make me is going to put me in a better position I
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  think I need that to keep me aligned and to keep me from panicking right so
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  some of those things are might be extras that you're just not willing to give up on.
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  But if push came to shove, I might have to, right? And that's okay, too. I'm open to that.
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  So reassess, write down all your skills, understand who your network is,
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  you know, just assess your situation in terms of what could I potentially do,
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  and then look at your budget.
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  Maybe you'll buy yourself some extra time by pulling some things off the list.
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  And then just go back to all your materials, like update your LinkedIn profile.
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  Rejigger it if there's something else you really want to be focused on.
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  Because when we're down in the dirt and we've got our heads down,
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  we forget about some of the skills
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  and some of the dreams and aspirations that we had once upon a time.
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  When I work with people on career change and transition, they come to me and
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  they say, I have no idea what I want to do next. I just don't want to do what I was doing.
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  And it only takes me one session of asking them really pointed questions to
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  get to that place where they knew all along what they wanted to do.
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  They just didn't think it was possible. And so we just build a bridge from where
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  they are to where they want to be.
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  So if they were a lawyer and they
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  what they always wanted to do was be a chef there is
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  a path you can get student loans
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  you can go to culinary school you can graduate from
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  culinary school and you can get a job so there is a path and it might not be
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  overnight and it might feel awkward and it might feel like you're giving something
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  you're you're putting something you're cutting something off that you've spent
• 23:00
  a lot of time investing in,
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  but be willing to look at it. Maybe it's going to make things better.
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  So usually there's a seed of an idea, a seed of a dream, a seed of an interest
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  or a passion or a skill that's been marinating in there.
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  You just had to tune it down and turn it off while you're in your nine-to-five
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  job, giving up everything and sacrificing everything for the steady paycheck.
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  So reinvigorate those old dreams and aspirations because there might be a nugget
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  in there that you haven't looked at for a while.
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  Remember that freelancing, too, is a place where businesses are leaning into
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  more and more, especially medium-sized businesses, because for them,
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  it's cheaper than putting people on payroll.
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  It's less risky. They can scale the company up and down, leaning on contractors and freelancers.
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  So make sure to explore that as an option also. Also, it's a quick way to get
• 23:59
  in the door with companies. And then sometimes from there, they will hire people full time.
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  And so that includes going to temp agencies.
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  If you have any kind of technical skills, you could go to a temp agency and
• 24:12
  sometimes they'll put you into bigger corporations as a temp hire,
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  and then they might hire you full time from there.
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  So remember too that besides
• 24:23
  you know the pity party this idea
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  of like for me yoga this idea of prioritizing
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  your emotional well-being and your mental health that part
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  is really important so it's not a you know
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  it doesn't end in phase one but phase
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  one is where you can get allow yourself to just be in
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  it deep and don't try to do anything else but you
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  want to make sure that as you move in this
• 24:48
  new direction that you're prioritizing that because if
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  you've been sacrificing that for a job you might
• 24:55
  feel like you just need to sacrifice it for the
• 24:58
  next job but the ideal situation would be that you get yourself back grounded
• 25:02
  and aligned and then you take that to your next job or your freelance opportunity
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  or your entrepreneurial you know project whatever's next.
• 25:16
  So when you find the thing that makes you feel more aligned and helps you get
• 25:23
  through tough times, like yoga for me,
• 25:27
  once you land on that, keep investing time into that thing for some people journaling
• 25:34
  or learning how to meditate or getting massages.
• 25:38
  And I know that might feel like a luxury, but those are the things that actually
• 25:42
  help you realign so that you're not in panic mode, you're not in worry mode,
• 25:47
  you're not in anxiety, but you're in a place where you feel centered.
• 25:51
  So if you show up to a job interview or you send out an application,
• 25:55
  it's not from desperation and anxiety. It's from, I really want this job.
• 26:01
  Not, I'm desperate for this job.
• 26:03
  Please give me this job, which isn't going to come across great in an interview.
• 26:07
  But if you really feel aligned and connected and a little bit more grounded
• 26:14
  and relaxed in the moment that you're in, those interviews are just going to go more smoothly.
• 26:20
  The networking is going to go more smoothly. It's not going to be panicked and rushed.
• 26:24
  Isn't it interesting how in the beginning of the podcast, I was so panicked
• 26:27
  and rushed. And now I'm like.
• 26:30
  Just take a breath. Reassess. Take a chill pill. Watch some Netflix.
• 26:35
  Relax. Get yourself aligned. Get yourself aligned with something that's going
• 26:39
  to be helpful to your emotional well-being. Find your community.
• 26:44
  And little by little, the doors will start opening.
• 26:47
  So I know it's not that easy. I know it's a lot easier said than done.
• 26:52
  But I hope that if you can try these tips and understand what the phases are
• 26:58
  of this journey, there will be something waiting for you on the other side.
• 27:03
  You're going to have to take some action, right? Once you get through that first
• 27:07
  phase, you have to start trying things on and exploring and playing in different
• 27:13
  spaces and getting creative.
• 27:15
  And that means taking action, right?
• 27:17
  Whatever level of action, doing research, updating your portfolio,
• 27:21
  sending out notes, networking with people.
• 27:24
  Those are the actions that you want to be taking from a place of emotional well-being
• 27:30
  centeredness alignment not from panic or worry you're gonna feel panicked and worried,
• 27:39
  But when that stuff comes up, just remember that doesn't help you move forward.
• 27:44
  Engaging in those feelings is not going to be the thing that propels you forward.
• 27:50
  What's going to propel you forward is knowing who you are, knowing what you
• 27:54
  need, knowing that you have a brain that can problem solve creatively.
• 28:00
  You're going to move forward. You're going to move through this.
• 28:04
  You're going to get through this. You have community.
• 28:06
  Reach out to your community. and as always I'm here for you so if you want to
• 28:11
  set up a consult call even if you just want it to,
• 28:15
  have kind of a free coaching session do it
• 28:18
  you can sign up on my website let's get
• 28:21
  you feeling connected to people again connected to what you're good at connected
• 28:28
  to possibility of what could be next and maybe it's not what it used to look
• 28:33
  like so I hope this was helpful I was a little bit scattered and all over the place,
• 28:38
  but I just feel so connected to this topic of this might be the moment that
• 28:45
  you've been waiting for.
• 28:46
  This might be the start of something amazing, more aligned, more successful, more money.
• 28:54
  This might be it. So embrace that possibility.
• 28:58
  And I'll talk to you next week.
• 28:59
  Music.
• 29:07
  Thank you so much for tuning into Business for Humans. If you're feeling stuck
• 29:12
  in your business or career, you don't have to figure it out alone.
• 29:16
  I help leaders gain clarity, build strategies that work, and create meaningful success.
• 29:21
  Let's turn your challenges into opportunities.
• 29:24
  Book a discovery call today at practica.consulting.