The First Things to Do If You Are Laid Off | No BS Job Search Advice Radio

Jeff Altman, The Big Game Hunter discusses the first two things you need to do if you are laid off.

 

Summary

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 businesses 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

 

Do you think employers are trying to help you? You already know you can’t trust recruiters—they tell you as much as they think you need to know to take the job they after representing so they collect their payday.

The skills needed to find a job are different yet complement the skills needed to do a job.

Jeff Altman, The Big Game Hunter has been a career coach and recruiter for what seems like one hundred years.

JobSearchCoachingHQ.com changes that with great advice for job hunters—videos, my books and guides to job hunting, podcasts, articles, PLUS a community for you to ask questions of PLUS the ability to ask me questions where I function as your ally with no conflict of interest answering your questions.

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