You just received the email, or perhaps you got wind of it through the grapevine. The company you work for is restructuring.
The first thing that goes through your mind is, “Well what does this mean for me?” A natural response for anybody who enjoys having a job. The answer is usually one of a few outcomes.
You must realize that this is an unfortunate part of working in today’s world, but luckily it’s not the end of the world. Anybody can survive it.
So if and when you ever hear this news, do the following:
Gather as Much Information as Possible
To take further steps, you need to first gather all the facts. If you work at a large organization there will usually be a press release of some sort. This usually addresses what layoffs there will be and the size. If you are at a smaller organization, there may not be a public announcement, but this presents an opportunity to take advantage of the ease of communication and access to leadership.
If your manager is allowed/willing to share information, ask first off if there will be layoffs. Then if so, who is deciding and how are they are deciding. You may not get all the information you need, but the more you know the better.
Know Your Value
This situation can bring about some uncertainty. This is when it is important to realize that you bring a lot to the table. To remind yourself, think back on you past achievements.
Think about projects you helped deliver, positive meetings you had with your boss, and in general, how much of an impact you’ve made on the company.
Jot these things down and assess quantitative impact as best you can. Consider all the ways you helped other departments and how diverse your skill set is. Realize you’ve created a foundation you can build off for success no matter where the future takes you.
If Possible, Meet with the Decision Maker
When you get this news about the company, if possible try to schedule a sit-down meeting with whoever is deciding whom to layoff.
If your organization is on the larger side, it’s possible key decision makers like CEO’s may not know the day-to-day duties of everyone in the organization. If you get the chance to meet with them, lay out all that you do, how important it is, and the impact you make.
It may be a longshot and easier said than done, but a meeting like this could prove crucial.
Begin Reaching Out to Your Network Regardless
Once you have properly assessed the situation, the fact of the matter remains the same. You may still lose your job even though it is not your fault.
Because of this, it is in your best interest to stay ahead of the curve by updating your resume and LinkedIn and begin to communicate with members of your network. Testing for opportunities and knowing you have some options will do wonders for your comfort and set you up to land on your feet regardless of what happens.