Getting laid off can be scary, but knowing what to do can take away some of the fear. Here are three steps you can take after being let go:
1. Take a moment to process what happened and think about your goals.
Take time to reflect on what you’ve gone through and consider your objectives for the future. It’s wise to wait until you’re ready before starting your job search. Jennifer Schielke, CEO of Summit Group Solutions, advises against rushing into the market due to its current sluggishness. Instead, get into a rhythm that you’re used to in the workplace.
2. Focus on logistics and take practical steps.
After processing what happened, gather all necessary documents from your former employer, including severance paperwork. Apply for unemployment benefits right away, as they can be time-consuming to process. Also, review your finances, apply for stock options, and determine how to handle your 401(k) and health insurance.
3. Think about your brand and how you’ll present yourself in the job market.
Your professional reputation matters, so it’s essential to revamp your LinkedIn profile, add an “open to work” banner, and update your résumé with a focus on your skills, accomplishments, and impact. Reach out to your network and consider starting conversations about your layoff experience, as this can help you take bold steps in future interviews.
By taking these three steps, you’ll be well-prepared for the job market after being laid off.
Source: https://www.businessinsider.com/what-to-do-after-layoff-2025-10