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
The contestants did not let the host off the hook easily, and Harvey was not too comfortable.
7 hours ago
This is not a good look for the supermarket chain as infants' lives are at stake.
7 hours ago
The protestors have voiced their concerns over the companies bowing down to the President's demands.
10 hours ago
Albert Edwards has warned that there are some key elements which will make the fallout worse.
10 hours ago
Recent reports suggest that while Walmart's sales have grown the last quarter, Target's are down.
10 hours ago
The question might have been risky but everyone on the set seemed to have a great time with it.
3 days ago
Bonus Round winners are becoming few and far in between of late on the show.
3 days ago
The supermarket chain has never opened its doors on the festive day in the last five years.
3 days ago
This item was a favorite among shoppers, who were not happy when it was taken off the shelves
3 days ago
Reports suggest that the average price of a classic Thanksgiving meal has dropped considerably.
3 days ago
The government shutdown saw employment data being withheld, which is not an ideal situation.
4 days ago
The President does however have the people's confidence in issues such as immigration.
4 days ago
It was obviously a mistake without any malicious intent, and no one was slammed.
4 days ago
There are several other items on sale but these deals are a cut above the rest.
4 days ago
Despite an increase in supply, all is not well for people who seek affordable housing.
4 days ago
Harvey had his teeth out in laughter for several seconds before he regained his composure.
5 days ago
Many people are looking to cut expenses this holiday season and could fall into the trap.
5 days ago
This will make the members happy as the items in question are the store's staples.
5 days ago
Turns out that even after all these years, the 51-year-old is being paid by Fox.
5 days ago