What To Do When Layoff Rumors Surface? 4 Essential Tips From An HR Veteran

One of HR's initial recommendations was to seek additional information regarding the impending layoffs from a trusted source within the company

The second piece of advice emphasised the importance of safeguarding all personal documents, including resumes, recommendation letters, and other valuable assets that could prove beneficial for future endeavours

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The prospect of layoffs within any organisation is unsettling for employees, prompting them to swiftly contemplate their future prospects and strategise ways to realign their careers. Drawing from two decades of Human Resource (HR) expertise, a seasoned professional recently shared four insightful tips for navigating such turbulent times. 

Among the suggested tips, employees are encouraged to proactively craft an exit strategy, engage in open dialogue with trusted colleagues or mentors within the organisation, and diligently explore alternative career avenues.

One of HR's initial recommendations was to seek additional information regarding the impending layoffs from a trusted source within the company. "When you hear rumours of layoffs floating around the office, it's important to talk to a trusted source, like a manager,” Leigh Henderson, who worked as an HR executive for nearly 20 years, told Business Insider.

"When in conversation with them, it's acceptable to ask them questions and see if there's any truth to the rumours. However, understand that some managers might not be forthcoming, as they represent the company. Ask questions to those you've built relationships with to get more information and protect yourself in the future," Henderson told the publication.

The second piece of advice emphasised the importance of safeguarding all personal documents, including resumes, recommendation letters, and other valuable assets that could prove beneficial for future endeavours.

"In case the rumours are true, I recommend emailing yourself anything important such as your updated résumé, performance reviews, and any kudos or recommendation letters you've received. In some cases, when people get laid off they lose access to everything saved at work immediately. If you have these documents saved only at work, now's the time to transfer them to your personal device," she said.

The third recommendation proposed the proactive development of a plan or exit strategy, providing individuals with a sense of empowerment and control amidst the uncertainty of the situation.

"If you suspect layoffs are coming, it's time to develop a plan or an exit strategy. This might look different for different people, but it may involve warming up old contacts, updating your résumé, talking to your mentor for advice, and researching other businesses and organisations,” the HR said.

"I highly recommend an exit strategy because whether layoffs come to fruition or not, networking and updating your resume can help you. By doing these things, you will feel more in control no matter what happens," she added.

The fourth and ultimate recommendation underscored the significance of maintaining a positive mindset and prioritising self-care during challenging times.

"When you're worried about layoffs, it's easy to fall into a negative mindset. Instead, while easier said than done, it's best to stay positive and set yourself up for success. This starts by taking care of yourself. If you're worried about layoffs, remind yourself to focus on fact-based discussions with trusted advisors and to engage in healthy coping mechanisms, like seeking support from friends, mentors, and industry peers who have experienced similar situations,” she suggested.

"When worrying about a layoff, I think it's easy to feel alone. You might think, no one can help me. But know that so many others have experienced it, too, and understand what you're going through. Even if it's just to vent, tapping into your support system can really help," Henderson said.