When I saw the announcement 2,000 people were laid-off from Yahoo this week, my first thought was, “I hope they gave them some good career coaching services.”
Then, I realized I could shoot this quick video to share the four steps layoff victims need to take to minimize the time they are out of work.
This goes for anyone who gets laid-off as part of a RIF (reduction in force).
Step 1: Understand this was a business decision.
This was not a personal attack or a reflection on you as a worker. It was simply a question of your role no longer being seen as a fit with the financial model of the company.
Step 2: Don’t let getting laid-off paralyze your job search.
It can be easy to want to take time off and recover from the experience. But, the longer you wait, the longer it will take for you to find a new job.
Step 3: Capitalize on the fact it happened to a lot of people.
When 2,000 people get let go, it’s clear they weren’t performance issues on-the-job. That makes it easier for a recruiter to market you to employers. But, when you wait and time passes, suddenly they start to wonder why you aren’t getting snapped up by employers. Don’t be that person!
Step 4: Get clear on how you save or make a company money.
The reason a job exists is because a company believes that someone doing the role will save or make them enough money to justify hiring them. You need to determine what problems you solve – what pain you alleviate. Then, get out there and let employers who need you know your true value. It’s the fastest way to get hired!
I wish the victims of the layoff the best and hope this video post finds it’s way to each of them.
I honestly believe if they can follow these steps, they will soon be in a new job and say, “Wow. That layoff turned out to be the best thing that ever happened to me!”
Yahoo layoff victim image from Shutterstock