ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Amid Mass Layoffs Across The Globe, Here's How To Overcome Fear of Losing Your Job

The constant worry of losing one's job can be overwhelming and affect a person's well-being.
PUBLISHED JAN 31, 2024
Worries about losing their jobs are stressing Americans out | Pexels | Photo by Mikhail Nilov
Worries about losing their jobs are stressing Americans out | Pexels | Photo by Mikhail Nilov

In recent times, many well-known companies and media organizations have been letting go of employees. This news can be distressing for workers in various industries. People read these headlines and start to worry that they might lose their jobs too.

If you're feeling anxious about the possibility of losing your job, you're not the only one. A survey conducted by MyPerfectResume asked nearly 2,000 people about their concerns, and a whopping 85% of Americans expressed their fears of losing their jobs in 2024. This high number shows that many people share this concern.

Image Source: Photo by Kampus Production |Pexels
Employees are stressed out about layoffs | Pexels | Photo by Kampus Production

Christopher Hansen, a professional counselor, explains that even if someone doesn't lose their job during a round of layoffs, the anxiety they feel can be almost as bad as if they did lose their job. This anxiety creates a feeling of uncertainty, like being stuck in a waiting room, wondering if their turn will come next. This constant worry can be overwhelming and affect a person's well-being.

Hansen offers a simple but effective strategy to deal with negative thoughts about losing your job. He suggests taking a few minutes to write down these thoughts when they arise. By doing this, you can identify what triggers these feelings and what beliefs you hold about the situation. For example, if you start worrying after hearing about a colleague losing their job, write down exactly what you are feeling and thinking.

Focusing on the present moment can also help in staying grounded and feeling more in control. Additionally, it's wise to take practical steps to prepare for a potential layoff. This includes updating your resume, setting up job alerts on websites, and seeking guidance from mentors or other professionals. These actions can help you feel more prepared for whatever may come.

Image Source: Photo by Sora Shimazaki | Pexels
Take practical steps to prepare for a potential layoff | Pexels | Photo by Sora Shimazaki

Once you've written down your negative thoughts, Hansen recommends replacing them with positive, realistic statements. For instance, instead of worrying that you might lose your job soon because others did, remind yourself that their situation doesn't necessarily mean the same thing will happen to you. This helps in shifting your mindset from fear to a more balanced perspective.

Outside of work, it's essential to engage in activities that bring you joy and spend time with loved ones. Hansen suggests finding hobbies or interests that you enjoy, like watching a new TV show or spending time outdoors. This helps in maintaining a healthy balance between work and personal life, reducing the impact of layoff-related stress on your overall well-being.

While layoffs can be a source of anxiety for many people, there are strategies to cope with these feelings and maintain a sense of control. By recognizing and addressing negative thoughts, staying prepared, and nurturing a fulfilling life outside of work, individuals can navigate through uncertain times with resilience and positivity.

MORE ON MARKET REALIST
While the ownership rate rebounded after years of decline, millennials still feel cost is a hurdle.
12 hours ago
TrumpRx costs may be as much as 80% less than normal listings, though actual savings may differ.
17 hours ago
The Amazon boss laid off a third of The Washington Post employees, including reporters on duty.
17 hours ago
Members are now required to scan their membership cards simply to get inside a Costco store.
17 hours ago
Natalie's younger daughter Bailey couldn't hold back her tears after her mother won a grand total of $63,990.
1 day ago
It seemed at one point that the contestant might have missed her chance to win big.
1 day ago
The FDA recently slapped a Class-II warning label on the product, which was sold by the thousands.
1 day ago
The city's law dictates that all businesses using such surveillance tech must make it public.
1 day ago
"I mean, if he came in and said, 'I want to raise them' ... he would not have gotten the job," Trump emphasized on Warsh's role.
1 day ago
He also claimed that such billionaires pay their taxes and give their wealth back to the community.
1 day ago
"Best sliced aged white cheddar in the market that’s farmer-owned and uses zero hormones, zero RBSt, and zero GMO in dairy," a user wrote.
1 day ago
Griffin expressed unease over alleged favoritism, saying that CEOs find it repulsive that the government interacts with corporate America.
1 day ago
"Daniel solved the "bear hug" and continued hugging people, even hugging a car! He was a spectacular sight today," a fan reacted.
2 days ago
While the official website says contributions could grow over $1 million, the details are unclear.
2 days ago
Fans of the show loved what Jennings had discovered and made their feelings known.
2 days ago
The contestant took the advice of her man, who was in the studio audience.
2 days ago
Under this scheme, home buyers will have three years to pay the down payment.
2 days ago
The labeling error meant that the bottles did not show a lot number and expiration date.
2 days ago
The achievement puts the retailer in a list dominated by tech companies.
2 days ago
Sankar pointed out that there an incredible amount of fear around the AI boom.
2 days ago