How to Act When Your Company Has Announced Layoffs?
Understandably this is a distressing event and one that can be emotional. It is important to think practically and work through the details.
Try Not to Panic
Layoffs are a business decision and not an unusual event. However, it may be for you, and you most likely have questions. It is normal to feel stressed, so take some time to process the information and what it means for you. Check in on colleagues, and don’t feel you need to take immediate action. Take a moment to process the information.
Read The Email in Detail
In particular, understand the reason for the layoffs and determine the likelihood of impact on your role. These decisions are usually made due to financial or structural decisions. Consider how many people might be impacted. Note the timeline of events so you can do your best to plan accordingly if you are laid off. Consider if the company will provide additional support to former employees and if there are options to start to look for other work in preparation.…