Why Redundancy Isn’t So Bad

Being made redundant is a tough situation. The moment you hear of the news, your self-confidence goes down the drain, and your doubts and worry surface like they’re your old friends. The truth is redundancy isn’t really as bad as you think it is. It’s up to you how you will look at it because there is life after redundancy after all.

• Redundancy happens because there is a need to change. Your company may be undergoing loads of different changes, which include having to reallocate resources. As a resource, this will affect you. The only thing that you see is how you lost a job when the fact is it’s the whole company going through a merger, changing leaders, cost-cutting, or coping with an economic difficulty.
• It isn’t about you. You’ll only waste your time thinking about what you did wrong to be made redundant. Don’t feel sorry for yourself because it’s not your fault. There’s nothing you can do about it, so look around and see what else there is.

• You’re not in control about a lot of things. While you can take control of your career by working smart, there are some things that are just beyond your control. For instance, government regulations may affect your employment, as well as management decisions that call for restructuring of your organisation.
• You can leave your company with great relationships. The time you spent in your previous company is not time wasted because you were able to form good relationships with your colleagues. Leave the company with a network so strong that you can use it in the near future to build your career and rise to the top.
• You can reflect and think of the things you want to do. Redundancy is the perfect time to recalibrate yourself. Maybe you have years of experience in a finance job and you want to occupy a high-paying banking job? You can use this downtime to reposition yourself in the industry you want to be in, and start anew.
• You can spend time upgrading your skills. While you apply for the jobs that you want, you can use your available time to upgrade your skills. You can enroll in a special class, learn a new skill, watch helpful career videos, and read on the latest industry news and developments.
• There are a lot of opportunities ahead. Understandably, it feels horrible to be laid off with all your financial obligations. However, you can be grateful later on for that one great opportunity you wouldn’t take if you had your previous job. All is well that ends well, so they say.

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