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
Wildwonder boasted of $1.4 million in revenue and had a successful run rate of $2.5 million during the time of the valuation.
6 hours ago
Few contestants have ever played this game with this much perfection in the past.
7 hours ago
The expert said that the watch's value was $2,600 than what it could have been.
8 hours ago
Kevin O'Leary, Daymond John, and Robert Herjavec tried to stop her from making the offer.
9 hours ago
She was able to impress viewers with her trivia knowledge but wasn't able to win the game.
10 hours ago
All hope seemed lost for the entrepreneurs who had come up with an innovative health product.
1 day ago
Fans compared Jennings' laid-back style with late television host Fred Rogers.
1 day ago
The offer being made to the entrepreneurs by O'Leary also seemed to be a bit unfair.
1 day ago
The guest said that she had received the item from her grandmother who had inherited it.
1 day ago
The "Pawn Stars" were aleft impressed by the only basketball signed by the OGs Jordan, Phil Jackson, and Kobe.
2 days ago
Turns out that Mr. Wonderful was ordained by the state of California to do the job.
2 days ago
Fans did not expect to see a person with such a striking resemblance to the former Vice President.
2 days ago
Rick Harrison wasn't trying to this item for a low price as it was historically significant.
2 days ago
Despite offering $1.5 million, Harrison was unable to make a deal for the historic item.
3 days ago
Kevin O'Leary hailed their salesmanship after coming to a $600,000 valuation.
3 days ago
The star also followed it up with a second shoutout seeking another chance for her on the show.
3 days ago
The clock was a piece of art and its mechanism was as intriguing as it gets.
3 days ago
The company wasn't profitable and this alone had turned away most sharks in the first place.
3 days ago
All three contestants were unable to make the right guess, and fans pointed out what was wrong online.
4 days ago
The guest was enthusiastic about the painting and the expert was marvelled by its story.
4 days ago