Making The Most Of Being Downsized

Kris Plantrich

Kris Plantrich

Certified Career Coach

You’ve heard the rumors and even saw changes in other departments but never thought it could happen to you. Your performance is where it should be, your colleagues and customers love you, and there is always plenty of work. So it couldn’t happen to you.

Then an awkward call asking you into your manager’s office changes everything.

You’ve been let go.

“It’s not you or your performance”, is what they tell you, “…the company is downsizing, cutting out layers, streamlining…” However it is articulated it still means the one thing, you will soon be out of work.

Numb, disbelief and hurt are words I often hear from clients who have had this happen to them. After initial shock and processing their unexpected situation, they begin to formulate a plan for their new career and life.

During the processing it is often realized they don’t have to look for the exact job they have been doing. This is often the first time, in a very long time, they have considered changing their career and that can feel overwhelming.

Consider several factors when developing your new career plans including:

Financial Standing: Assessing your financial wants and needs is important and a good place to start. Review your current financial standings and your end goals. Do you want to see a change here? Are you looking to increase your salary? Or benefits? Can you afford to look at jobs that might offer a smaller compensation but could be more rewarding? Having a realistic understanding of your financial standing and goals is the best first step.

Outside Factors: The actual job is important, but additional factors to consider are things like your commute, daily travel with the job, extended travel, realistic hours worked each week and additional hours contributed at home. And be sure to review which benefits you must have and those you can live without. Taking the time to address your financial standing and outside factors will be the foundation for the rest of your search.

Job Considerations: Some want to return to what they were doing, in a similar field and same industry. But for others, the possibilities can seem endless and even a little overwhelming. Walking through each possibility will narrow your options and fine tune your clarity on the type of position that will work best for your lifestyle, professional goals and finances.

Take time to objectively review your past experience and current and future career goals to determine the right direction and job for you now and for your future.

About The Author

Kris Plantrich
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Kris Plantrich

Kris Plantrich, BCC, CCMC, CPRW is a Certified Career Coach and Resume Writer, and owner of ResumeWonders Writing and Career Coaching Services. With more than 12 years of experience providing support and services to professionals across the United States, Kris coaches job seekers in transition to clearly identify their career goals and develop strategies to quickly and successfully land their ideal jobs. She offers transition, job search and interview coaching and creates impactful resumes and LinkedIn profiles. Kris has been featured 10+ nationally published career books and featured as a career expert on TV, Radio, Webinars, in Newspapers and at Conferences.


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