Monday, January 26, 2009
The Up Side of Being Laid Off...
Hearing CNN's Anderson Cooper report on 70,000 additional layoffs yesterday reminded me of conversations I have had recently with three pink slipped professionals.
These three mid career professionals were laid off from positions in pharmaceutical sales, home security and retail management.
Once the initial shock and anxiety dissipated, all three were actually seeing some of the upside of being laid off:
1. All three thought being laid off was giving them time to think and possibly execute a career makeover.
2. Two expressed less workplace stress once the pink slip actually arrived. The company wide anxiety and speculation pre lay off was more stressful.
3. All three were thinking about additional education and training; one in a related field and two in new careers.
4. Two want to start a business - one in property management and another in a home child care business. Both thought the unemployment payments would offer a financial buffer to start a business.
5. One felt that layoff forced her family to examine their personal spending habits and life choices. It seemed once they looked at their budget, they realized they could improve the situation with her as a stay-at-home parent. After child care and eating out expenses, she felt a work-at-home business might help them net more.
6. All three realized they needed to consider multiple income streams.
I know that times are tough, but as an optimist, I have a habit of encouraging people to consider the upside of being laid off. I think many people are staying positive about the future.
Can you see any upside of being laid off?