In what seems like an annual pain, Yahoo! axed some 2,000 U.S. jobs today. Having endured a layoff from Yahoo! over a year ago, I can sympathize.
I also have a few tips from surviving that ordeal that might help former colleagues who got cut in the RIF (“reduction in force” — a cloying acronym that tries to mask the pain of “mass layoff”).
6 things you must do after a layoff
Acknowledge that it sucks. It’s not your fault, yet you may still feel humiliated or worse. If your instinct (like mine) is to try and hide the pain, please don’t; it’s unhealthy. Let yourself feel the anger, grief, and/or disappointment. Healing will take time, but being honest with your feelings will move it along.
Don’t burn any bridges. Despite the pain, don’t badmouth former bosses or coworkers on Facebook, Twitter, or other social media outlets. (Your severance agreement might also have a clause prohibiting you from publicly maligning your former employer; don’t jeopardize your package.)
Tell people, especially loved ones and friends. This is another hard task because you may expect people to think there’s something wrong with you because you lost your job. But you’re wrong. You’ll likely be surprised by the encouragement and support, and it will help you to start feeling better.
Update your LinkedIn profile. Your resume can wait, but people will start searching your profile on LinkedIn once they hear the news. Update accomplishments while they are fresh in your mind, and definitely fill out the “summary” and “skills & expertise” fields, as they are searchable.
Also, as you left the building you might have had coworkers offer to help or – better yet — write you a recommendation. Take them up on it and ask them to post a brief recommendation for you on LinkedIn.
Take a break. This sounds counter-intuitive, but don’t start your job search right away. Take some time off to relax and do recreational activities that take your mind off joblessness. During my career I’ve been laid off twice; the first time I did not take a break, and that first week of anxiety and frantic activity was fruitless. You don’t have to take a long vacation or expensive trip, but at least take a few days off.
Apply for unemployment insurance. Even though you may have a decent severance package and think you’ll find another job before it runs out, don’t risk it (as I did). It actually takes a good month before you start receiving any money, so get the paperwork started.
Other random thoughts
The bright spot in today’s economic news is that the private sector added 209,000 jobs in March. Hiring in Silicon Valley, where Yahoo! is headquartered, is also heating up. Small consolation right now, I know.
Final note: If you are a coworker who saw others get laid off and want to do something nice for them, write them a brief recommendation on LinkedIn (don’t wait for them to ask). It will be a welcome and truly useful gesture they’ll appreciate.
I blogged more extensively about my six-month stretch in the Jobless Zone last year, and here are some of those posts:
Feel free to leave a comment here with other useful “layoff lessons.”