Name: Did You Just Get Laid Off? This Is How You Should Think About It
Uploaded: 2023-03-12T01:36:50+00:00
Duration: 2 min 50 s
Description: Getting laid off is rough and a huge blow to your mental state

Did You Just Get Laid Off? This Is How You Should Think About It

Getting laid off is rough and a huge blow to your mental state. This video covers how to have the proper mentality if you are laid off, so you can bounce back.

Here are the core points:
- **Being laid off is not a reflection of who you are** - Who gets cuts in a mass layoff is effectively random, and incredible software engineers will get hit by them all the time. *There is absolutely nothing wrong with you if you get laid off.* Don't let some out-of-touch tech executive's bad decision determine your self-worth.
- **You *will* recover** - This is especially true in the tech industry where severance packages tend to be quite competitive, even generous. Use the time to really process what happened, find peace, and figure out your next move. The silver lining of being laid off is that the door has started opening to your next opportunity: You just need to walk through it.

Related resources:
- ["Aftermath of layoffs?"](https://www.jointaro.com/question/7Gav09HFuLlGDlM749UY/aftermath-of-layoffs/)
- ["How open should we be to recruiters about employment status?"](https://www.jointaro.com/question/Lo8W7fMRFbcwUQ9WyTVF/how-open-should-we-be-to-recruiters-about-employment-status/)

Getting laid off is rough and a huge blow to your mental state

Layoffs are the temporary suspension or permanent termination of a group of employees for business reasons, such as personnel management or downsizing an organization.

[Masterclass] How To Survive Tech Industry Layoffs

Layoffs: They will always be a part of the tech industry. 2022 was the first year of massive tech layoffs in the post-covid economy, and 2023 is sure to bear several more. Not even FAANG is safe with Meta, Microsoft, and Amazon all having layoffs in 2022.

There were a ton of important points from this masterclass, so here's our Top 5 (in no particular order):
- **Layoffs are effectively random for almost everyone** - Individual contributors (ICs) and more front-line managers are generally not privy to what happens behind the scenes with cut decisions. You can be a well-connected high-performer in a healthy revenue-generating org and still be laid off. It's crucial to recognize this reality and be at peace with it.
- **Stop freaking out** - Ironically, the worst way to deal with layoffs is to worry constantly and drastically alter your behavior to optimize for them. It's not healthy to go to places like Blind regularly to stay "up-to-date" with layoffs. The best way to deal with layoffs is to continue living your life as normal and double down on responsible software engineer behaviors. For more context on what those behaviors our, read this discussion: ["What are software engineering fundamentals?"](https://www.jointaro.com/question/3VNPK7wol76s89EkgFeW/what-are-software-engineering-fundamentals/)
- **Be deliberate with your performance review** - So many software engineers, junior ones in particular, assume that if they do good work and don't see any red flags, they'll get a good performance rating. This is very much not the case, especially at high-performance tech companies like FAANG. Maintain a transparent dialog about your performance with your manager and create a concrete growth plan. Here's our masterclass to help with that: [[Masterclass] How To Navigate Your Performance Review In Tech](https://www.jointaro.com/lesson/b0B8uqIAUnBLE10jJHJG/masterclass-how-to-navigate-your-performance-review-in-tech/)
- **Build a stellar, wide professional network** - It is more important than ever to build meaningful, high-quality relationships in the workplace. Tech is an inherently collaborative space: You need a multitude of connections to help you grow, vouch for you in performance review, and provide warm referrals for your next opportunity if you are laid off. If you want to deepen your network, watch this: [[Masterclass] How To Build Deep Relationships Quickly In Tech](https://www.jointaro.com/lesson/tyaPFMXPoz2pmzB7OVzt/masterclass-how-to-build-deep-relationships-quickly-in-tech/)
- **Getting laid off isn't the end of the world** - There's nothing wrong with you if you're cut during a layoff. Don't dwell on how you messed up or what you could have better to avoid the layoff: Focus on your next step. The silver lining is that getting laid off opens the door to your next opportunity and likely comes with some time in the form of a severance package to allow you to seriously think about your future. To optimize your next move, check out: [[Masterclass] How To Choose A Good Company And Team As A Software Engineer](https://www.jointaro.com/lesson/0WEmTNZOMIh8xAdfO3JH/masterclass-how-to-choose-a-good-company-and-team-as-a-software-engineer/)

Related resources:
- ["How to survive potential layoffs?"](https://link.jointaro.com/zGwioWXPLe8xhuA89)
- ["What are the signs of an impending layoff in an organisation that can help an employee prepare themselves better?"](https://link.jointaro.com/tkUnst8KKBdktPQq5)
- ["Staying motivated among lay-offs?"](https://link.jointaro.com/g9462CQrqy1KGtqR8)
- [Presentation Slides](https://docs.google.com/presentation/d/1Uyf04xDGTweN0ija_Z3nr9NZ_WsoDikh_54LR5AfZjU/)