{"id":92098,"date":"2023-02-10T14:29:00","date_gmt":"2023-02-10T18:29:00","guid":{"rendered":"https:\/\/www.shortform.com\/blog\/?p=92098"},"modified":"2023-02-12T14:30:31","modified_gmt":"2023-02-12T18:30:31","slug":"how-to-prepare-for-layoffs","status":"publish","type":"post","link":"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/","title":{"rendered":"How to Prepare for Layoffs: Tips for Before &#038; After a Layoff"},"content":{"rendered":"\n<p>With <a href=\"https:\/\/www.shortform.com\/blog\/mass-layoffs\/\">mass layoffs<\/a> reaching a record high, are you wondering how to prepare for layoffs? What should you do before or after being laid off?<\/p>\n\n\n\n<p>Layoffs that began in 2022 have picked up pace this year, as companies hit by weaker earnings, inflation, high interest rates, and fears of recession look to cut costs.\u00a0Since layoffs can cause more distress than even a divorce, it&#8217;s important to prepare for layoffs before they happen.<\/p>\n\n\n\n<p>Read on to learn how to prepare for layoffs and what to do if you&#8217;re laid off.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-preparing-for-layoffs\">Preparing for Layoffs<\/h2>\n\n\n\n<p>Layoffs can cause more distress than even a divorce, so if you&#8217;re concerned about being laid off this year, it&#8217;s helpful to know how to prepare for layoffs before they happen. Workers can prepare for possible layoffs by anticipating their next job search, while those who have been affected by a layoff should give themselves time to grieve, reach out to others for assistance, and involve family in the conversation in a positive way.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Mass Layoffs on the Rise<\/h3>\n\n\n\n<p>After laying off close to 160,000 workers in 2022, companies around the globe are on pace to easily surpass that number this year\u2014<a href=\"https:\/\/layoffs.fyi\/\" target=\"_blank\" rel=\"noreferrer noopener\">60,000 workers have already lost their jobs<\/a> in the first month of 2023 alone.\u00a0<\/p>\n\n\n\n<p>The layoffs began in late 2022 as the world emerged from Covid-19 restrictions and demand for goods and services that had surged during the pandemic started to wane. Weaker earnings were exacerbated by <a href=\"https:\/\/www.entrepreneur.com\/business-news\/layoffs-affecting-1600-tech-workers-a-day-on-average-in\/443033\" target=\"_blank\" rel=\"noreferrer noopener\">high interest rates and inflation<\/a>, and companies that had hired aggressively in 2020 and 2021 found themselves reversing course.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-to-do-before-a-layoff\">What to Do Before a Layoff<\/h3>\n\n\n\n<p>If you suspect a layoff is on the horizon, <a href=\"https:\/\/www.flexjobs.com\/blog\/post\/how-to-prepare-for-layoff\/\" target=\"_blank\" rel=\"noreferrer noopener\">get organized to prepare for the change<\/a>. Here are some tips on how to prepare for layoffs:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Gather samples of your work and collect contact information from coworkers you may later ask for references.\u00a0<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Update your resum\u00e9, and check out job postings in your field to see what qualifications employers are currently looking for. Start filling in gaps in your skills\u2014learn new software, for example, or earn a certification that will help you stand out from the pack.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Make sure you\u2019re current on annual doctor checkups, dental cleanings, and preventative screenings that are covered by your current health plan in case you lose your benefits.\u00a0\u00a0<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-start-looking-around\">Start Looking Around<\/h4>\n\n\n\n<p>Another way to prepare for layoffs is by starting your job search early. It\u2019s easier to look for a job when you currently have one, so if you suspect layoffs, now\u2019s a good time to look for alternate employment. Start by cultivating your network\u2014keep in touch with people you\u2019ve met in your field, join industry groups, and update (or create) your LinkedIn account profile.\u00a0<\/p>\n\n\n\n<p>Don\u2019t necessarily be overt about the fact that you\u2019re looking for a new job, but instead <a href=\"https:\/\/www.shortform.com\/blog\/career-progression-plan\/\">position yourself<\/a> as someone who\u2019s always considering change if the right opportunity presents itself.&nbsp;<\/p>\n\n\n\n<p>Also consider freelancing work. If you get involved in something part-time while you\u2019re at your current job, you can more easily hit the ground running.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-to-do-after-a-layoff\">What to Do After a Layoff<\/h3>\n\n\n\n<p>You should also prepare for layoffs by knowing some healthy ways to handle being laid off. First, <a href=\"https:\/\/www.washingtonpost.com\/technology\/2022\/11\/08\/workers-guide-to-layoffs\/\" target=\"_blank\" rel=\"noreferrer noopener\">get clarity on your layoff terms<\/a> from with your HR department or manager. Ask about unused vacation time, bonuses, commissions, and your 401(k). Find out if you\u2019ll be subject to a non-compete or non-disclosure agreement.\u00a0<\/p>\n\n\n\n<p>In addition, get a letter stating that you were laid off, to use with future potential employers.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-negotiate\">Negotiate<\/h4>\n\n\n\n<p>There\u2019s no harm in asking, so try negotiating some layoff terms, like the amount or duration of payments, the end date for your health benefits, or <a href=\"https:\/\/blog.careerminds.com\/outplacement-assistance\" target=\"_blank\" rel=\"noreferrer noopener\">outplacement assistance<\/a>. You might be able to increase your leverage by finding out what others have been offered.\u00a0<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-get-help\">Get Help\u00a0<\/h4>\n\n\n\n<p>In addition to reaching out to your network, <a href=\"https:\/\/www.washingtonpost.com\/technology\/2022\/11\/08\/workers-guide-to-layoffs\/\" target=\"_blank\" rel=\"noreferrer noopener\">look to local associations<\/a> for outplacement support, or consider an employment coach.<\/p>\n\n\n\n<p>Reach out to a lawyer if you suspect your termination was discriminatory or violates an employment agreement.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-reflect\">Reflect\u00a0<\/h4>\n\n\n\n<p>Layoffs can cause more <a href=\"https:\/\/www.nytimes.com\/2023\/01\/25\/business\/layoffs-remote-work.html?searchResultPosition=1\" target=\"_blank\" rel=\"noreferrer noopener\">psychological distress<\/a> than even a divorce. Give yourself time to process your loss. However, while you should allow room for your emotions, don\u2019t act emotionally around others: Stay professional and courteous, and don\u2019t burn bridges.\u00a0<\/p>\n\n\n\n<p>Take time to <a href=\"https:\/\/www.investopedia.com\/articles\/investing\/121515\/7-effective-ways-prepare-layoff.asp\" target=\"_blank\" rel=\"noreferrer noopener\">consider your ultimate goals<\/a>. If you\u2019ve ever considered changing careers, moving locations, or starting your own company, this might be a good time to explore those options. Start by <a href=\"https:\/\/www.bls.gov\/\" target=\"_blank\" rel=\"noreferrer noopener\">researching your field<\/a> or any that you\u2019re considering to find out if it\u2019s growing or shrinking. The recent past may not be a good gauge, so consider long-term hiring trends and predictions.\u00a0<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-involve-your-family\">Involve Your Family<\/h4>\n\n\n\n<p>Your layoff will affect your whole family, so <a href=\"https:\/\/hbr.org\/2023\/01\/how-to-talk-to-your-kids-about-layoffs\" target=\"_blank\" rel=\"noreferrer noopener\">be honest and open about what happened<\/a>\u2014but only as much as is age appropriate. <\/p>\n\n\n\n<p>Stick to your routines as much as possible, and involve your kids in any changes that need to be made\u2014if you need to start eating out less, let them brainstorm easy, budget-friendly meal ideas.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With mass layoffs reaching a record high, are you wondering how to prepare for layoffs? What should you do before or after being laid off? Layoffs that began in 2022 have picked up pace this year, as companies hit by weaker earnings, inflation, high interest rates, and fears of recession look to cut costs.\u00a0Since layoffs can cause more distress than even a divorce, it&#8217;s important to prepare for layoffs before they happen. Read on to learn how to prepare for layoffs and what to do if you&#8217;re laid off.<\/p>\n","protected":false},"author":19,"featured_media":12556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,30],"tags":[727],"class_list":["post-92098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-career","category-work","tag-articles","","tg-column-two"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Prepare for Layoffs: Tips for Before &amp; After a Layoff - Shortform Books<\/title>\n<meta name=\"description\" content=\"Wondering how to prepare for layoffs? As mass layoffs continue increasing in 2023, learn tips to handle a layoff before or after it happens.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Prepare for Layoffs: Tips for Before &amp; After a Layoff\" \/>\n<meta property=\"og:description\" content=\"Wondering how to prepare for layoffs? As mass layoffs continue increasing in 2023, learn tips to handle a layoff before or after it happens.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/\" \/>\n<meta property=\"og:site_name\" content=\"Shortform Books\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-10T18:29:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-12T18:30:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/s3.amazonaws.com\/wordpress.shortform.com\/blog\/wp-content\/uploads\/2020\/08\/permanent-record-snowden-jobs.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1124\" \/>\n\t<meta property=\"og:image:height\" content=\"672\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Emily Kitazawa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emily Kitazawa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/\"},\"author\":{\"name\":\"Emily Kitazawa\",\"@id\":\"https:\/\/www.shortform.com\/blog\/#\/schema\/person\/e094024454c7d3334a149c0cf039bdeb\"},\"headline\":\"How to Prepare for Layoffs: Tips for Before &#038; After a Layoff\",\"datePublished\":\"2023-02-10T18:29:00+00:00\",\"dateModified\":\"2023-02-12T18:30:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/\"},\"wordCount\":855,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2020\/08\/permanent-record-snowden-jobs.jpg\",\"keywords\":[\"Articles\"],\"articleSection\":[\"Career\",\"Work\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/\",\"url\":\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/\",\"name\":\"How to Prepare for Layoffs: Tips for Before & After a Layoff - Shortform Books\",\"isPartOf\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.shortform.com\/blog\/how-to-prepare-for-layoffs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shortform.com\/blog\/wp-content\/uploads\/2020\/08\/permanent-record-snowden-jobs.jpg\",\"datePublished\":\"2023-02-10T18:29:00+00:00\",\"dateModified\":\"2023-02-12T18:30:31+00:00\",\"description\":\"Wondering how to prepare for layoffs? 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