Suddenly being laid off from a job can not only be a shocking experience, but it can cause a lot of distress as well. Even though recessions and market downturns are a part of the economy, no matter how much one learns about them, no one can ever be prepared to lose a job as a result of them.
It is a painful process to witness colleagues, entire teams, and, unfortunately, yourself being fired unexpectedly, and it can be traumatic, to say the least. While a job can provide financial security, it is not the only option for some. For a lot of people, a job defines their self-worth and identity. So, losing a job can hamper much more than just stability.
As per the American Psychological Association (APA), an analysis of more than 300 studies found that "unemployed people were more distressed, less satisfied with their lives, marriages, and families, and more likely to report psychological problems than the employed."
Dr. Rishi Gautam, Assistant Professor of Psychiatry at the GW School of Medicine & Health Sciences in Washington, DC, USA, says, "You may start questioning your self-worth; it is damaging to your confidence, it can lead to feelings of inadequacy, and so forth."
Dr. Gautam also mentions how laid-off employees can experience cognitive biases. Cognitive biases are systematic errors in thinking that affect the decisions and judgements people make. Basically, these biases can lead to inaccurate decision-making and hinder an individual's ability to effectively navigate and solve problems in various situations.
"You may find yourself caught in thoughts such as I wish I had completed that project on time," or "I must have done something wrong that I got fired," or "This is it. I am never going to find a position like this again, etc. It is important to be aware that this is not an accurate characterization of yourself and your reality," says Dr. Gautam.
There are various ways in which being laid off can affect a person emotionally, and it can also take a toll on them:
There can be an extended period of loss and mourning for the job and coworkers. People who have witnessed or been fired may feel as if their world has collapsed and may not feel the need to get up and do more or find a new job.
Depression and overthinking can cause bad sleeping cycles. Either one can sleep for a long period of time or one can have disturbances in their sleep cycle. They can keep waking up or have trouble sleeping every day. A bad sleeping cycle can make one tired and lethargic.?
One would have a negative view of oneself and one's abilities. People with low self-esteem tend to have negative thoughts and beliefs about themselves and often struggle to recognise their own strengths and achievements. People with low self-worth can also compare themselves with others and think poorly of themselves.
Due to mourning and loss, people can experience a change in appetite. Either one can completely neglect food and not feel hungry at all, or one can start binge eating and not control eating all the time.
Losing a job definitely causes fear in the minds of people. Concerns about the future and how they will support themselves and their families loom over them.This causes anxiety and panic among people who become unemployed.
Losing a job and probably not finding a new one suitable for your standards can definitely cause a lot of frustration. However, it becomes more intense as the cycle continues.
This can lead to unhealthy lifestyle changes such as excessive drug and alcohol consumption. It can also lead to a person not exercising or just binge eating and being lethargic.
As per Dr. Gautam, "self-care is paramount in times like these." The following are some things you can do to maintain your physical and emotional health:
It is absolutely alright to be angry, disappointed, and hurt and still be able to talk about it. If talking as an outlet is not something you are comfortable with, then you can journal.
Maintain good sleep hygiene by getting up on time, going to bed on time, not drinking alcohol at night, grooming yourself regularly, dressing up, and so on.??
This can be something as simple as a daily walk in a park for 30 minutes. Eating healthy food and thinking about a nutritious diet.?
Social media can only show the positive aspects of a person's life. However, this can also make others who are constantly going through social media feel anxious. This can be very toxic for the person going through a difficult time.
While this can be a difficult process for employees, employers can also help them in some way.
While the process of laying off employees can be difficult, employers can help by providing outplacement services. These services typically include career counselling, resume writing, interview preparation, job search assistance, and other support to help the affected employees find new employment.
These programmes typically offer a range of services, including counselling, legal and financial advice, stress management, and other forms of support to help employees resolve problems and improve their well-being.
Talking directly and letting the employees being laid off know what is happening clearly is something that employers can do with ease. Even after being laid off, employees may feel disheartened, but they should not feel that it is entirely their fault.
Employers should consider offering severance pay and other forms of financial assistance to affected employees to help them through the transition, as many may be under the pressure of supporting an entire family.?
Being laid off isn't the end of the world, and while this may be a tough transition, there will always be a light at the end of the tunnel.? ?