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How to Survive (and Thrive) After a Layoff
Your Ultimate Guide to Recovery, Financial Stability, and Career Reinvention
A sudden layoff can feel like a devastating setback — but with the right strategy, it’s also an opportunity for growth. In this comprehensive guide, we share actionable steps, expert resources, and essential FAQs to help you manage your finances, care for your emotional well‑being, and relaunch your career.
1. Processing the Shock & Planning Your Next Move
Losing your job isn’t just about finances — it hits your identity. Give yourself time (a few days, if needed) to process your emotions. Then, take action by outlining a clear plan that covers:
- Immediate Priorities: Secure important documents, update your resume, and list your emergency contacts.
- Set Financial Goals: Calculate your monthly expenses and determine your “runway” (how many months you can cover costs with your savings).
Resource: For more details on your rights and steps after a layoff, check the U.S. Department of Labor’s WARN Act guide.