Got laid off? But the next 30 days can either make or break your future- here’s how to totally crush it and come back even stronger

In this highly uncertain economy, experiencing a sudden and harsh layoff can be overwhelming, and it can almost feel like a rug's been pulled out from under you. The despair, devastation, and uncertainty that ensue in the aftermath are excruciating.

It's easy to panic, freeze, or just keep scrolling through job boards for the first few days. But what you do next could either impede your recovery or provide an impetus to it.

The looming reality of unemployment may soon become your next challenge, whether in the coming hours or days. But your choices can dictate if you remain in a cycle of unemployment and financial struggle for an extended period or rise from the ashes to reconstruct your life and career.

Stop using old job search methods and start adapting to what the market needs right now. If you know how to deal with it, a layoff can be a powerful reset.

Your career success hinges on several crucial actions you need to take in the first month following your layoff. Numerous professionals delay taking action, exacerbating their unemployment challenges.

The first 30 days after being laid off are very important. Experts say that instead of freaking out and applying for jobs, laid-off workers should find ways to make money with their current skills, build a personal brand, and network strategically.

What skills should you start monetizing now?


It can be a deadly mistake to put yourself in a position where you are more susceptible to external factors like job market volatility and industry changes by not starting to build something as soon as you are laid off. Due to financial obligations, you may accept opportunities that do not align with your interests.

Leverage your expertise, skills, and brain capital to start making money off of what you already have rather than waiting for the ideal job opportunity.

If you don't start using your skills sooner, they could become dormant. Even if it's just a small service provided to your LinkedIn network or to Fiverr and Upwork, start gaining traction right now. The fact that you're creating something, even if it's just a little cash, is what matters most because it helps when nothing else is coming in.

Just $300 to $500 per week from your current skill set can prove to be a lifesaver and even turn into your full-time business endeavor if you're dedicated to it and can enhance what you already have.

How do you rebrand yourself in today’s market?


The emergence of artificial intelligence and the demand for modern skills have caused a significant shift in the labor market in recent years. It is essential to upskill your professional value and rebrand yourself in order to remain competitive. Prioritize pertinent abilities like communication, applied AI, data analysis, problem-solving, analytical thinking, cross-functional leadership, and remote work.

For your career, the first 30 days following a layoff are crucial. It is crucial to realize that being laid off marks a change and the beginning of a new phase in your professional life. You can strategically align with decision-makers, create something new, and upskill for present and future demands to get ready for the future of work. This will keep you up to date and ready for the constantly changing job market.

Are you panic-applying without a plan?


People frequently use quick or simple methods on sites like Indeed and LinkedIn to apply for jobs in a panic because they are anxious. While it restricts the breadth and personalization of each application, this approach can result in burnout, elevated anxiety, and impede professional success. It is advised to find particular employers and follow their LinkedIn company pages to prevent applying in a panic. Enter their job title in the "people" tab to get in touch with decision-makers at these organizations. Focus on a few jobs every day and customize your resume with the background details of each position. Aim for a direct email or contact to discuss the position and optimize for applicant tracking systems. You can also use RocketReach or InMails tools. Make use of the daily posts, comments, and portfolio highlights on your LinkedIn profile to highlight your experience. By using this strategy, you can avoid applying in a panic and have a more prosperous career.

FAQs

What is the most important thing to do immediately after a layoff?
Use your existing skills to create something, a freelance service, a small consulting gig, or a portfolio project. Waiting too long may result in losing momentum.

How do I avoid the panic-apply trap?
Concentrate on a few companies, network with decision-makers, and personalize each application. Quality over quantity yields better results while preserving your sanity.