The First Things to Do If You Are Laid Off
By Jeff Altman, The Big Game Hunter
In this video, Jeff Altman, The Big Game Hunter discusses the first two things you need to do if you are laid off.
Let’s talk about that moment in time when you’ve been told that you are going to be laid off. Maybe your firm is being acquired. Maybe business is just bad. Whatever the circumstances are, I want you to hear this.
The 1st thing you do is collect names, phone numbers and email addresses from everyone that you can in order to maintain contact in case you need a reference.
You want to make sure that you have the personal information from folks so you can stay in contact with them. In this way, like I said, if you need a reference, they are available to you.
The next thing you wind up doing is you sit there with your wife, husband, partner, or just yourself. If you live alone and figure out what expenses you can cut back on. I really mean this. Working to save money?
Get out your credit card bills. In natural electric bills. Your water bills… All sorts of bills that you have and start to examine what should I be spending my money on. For example, if you have a mortgage payment. Okay. You’ve got rent. Okay. We are not talking about saving money there. There are unnecessary expenses. Almost everyone has.
Cutting back on those expenses NOW. Especially if you’re getting a severance, is so smart. Doing so, gives you additional staying power in your job search, so that in case the search runs longer than you think it will, you don’t have to take anything out of desperation.
You can interview well. You can look at opportunities for what they are instead of saying, “Oh my God! I need a job! I really need a job. Help me! I’ll take anything!”
If you can stay in the job market. If you needed to for an extra 2 months because you cut back on spending, and gives you a huge advantage in the desperation quota.
Again, get everyone’s personal email addresses and phone numbers. Then, from there, figure out where you can cut back on your costs, just in case
Roadblocks. Perseverance. Adversity. Resilience. Determination
ABOUT JEFF ALTMAN, THE BIG GAME HUNTER
Jeff Altman, The Big Game Hunter is a coach who worked as a recruiter for what seems like one hundred years. He is hired to provide No BS Career Advice globally. That can involve job search, hiring staff, management, leadership, career transition and advice about resolving workplace issues. Schedule a discovery call at my website, www.TheBigGameHunter.us
He is the producer and former host of “No BS Job Search Advice Radio,” the #1 podcast in iTunes for job search with over 3000 episodes.
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