Job Loss After Restructuring: How to Regain Control of Your Career
Few things disrupt your professional life like an unexpected organizational shift. One day you’re secure in your role, and the next, you’re grappling with the harsh reality of layoffs, restructuring, or downsizing. It’s unsettling - probably overwhelming. As companies adapt to economic shifts, many employees face the same critical question: What now?
Whether you’ve been offered a severance package or find yourself needing to secure a new job quickly, navigating this uncertainty is challenging. But here’s the good news: with the right mindset and strategy, there is a clear path forward.
A Common Experience
As someone who works closely with both job candidates and employers during these transitions, I’ve seen how tough it can be to quickly re-enter the job market. The mix of uncertainty and emotional strain can make it feel like you’re stuck in quicksand—the more you struggle to move forward, the harder it becomes.
Many professionals in this situation face similar struggles:
If any of this resonates with you, know that you’re not alone. It’s not just about submitting applications; it’s about rethinking your approach, rebuilding confidence, and adjusting to the evolving market.
Common Hurdles
When trying to find a new role, professionals often face several key challenges:
While these challenges may seem overwhelming, there are clear strategies to help you overcome them and regain control over your career journey.
Overcoming These Challenges: A Clear Path Forward
While the hurdles are real, there are practical strategies to get you back on track. Here are three essential steps to help you move forward:
1. Reframe Your Mindset
First, embrace the idea that change—while challenging—can open new doors. Focus on your transferable skills and the unique value you bring to any organization. Think of this moment as a blank canvas, offering the chance to paint a new picture of your career. What bold strokes can you add that highlight your full potential?
2. Leverage Your Network
Now is the time to reconnect with your network. Reach out to former colleagues, mentors, industry contacts, and, of course, headhunters in your industry. Networking isn’t just about asking for help—it’s about offering value and building relationships. Think of it as planting seeds in a garden. By nurturing those connections, you’ll eventually see the opportunities bloom.
For instance, you can provide value by sharing industry insights, offering assistance on their projects, or simply reaching out with a supportive message during their own transitions.
Studies show that 85% of jobs are filled through networking, not through online applications. This underscores the importance of engaging your network strategically.
3. Tailor Your Personal Brand: Resume + LinkedIn
In a competitive job market, a generic resume won’t cut it. Take time to customize your resume, highlighting your most relevant experience for each role. Similarly, update your LinkedIn profile to reflect where you’re heading in your career, not just where you’ve been.
Think of your resume and LinkedIn profile as a compass—guiding employers toward the value you bring and the direction you’re heading. As a simple test, ask yourself: If I were a hiring manager, would I be excited to hire the person represented by my LinkedIn profile?
Don’t forget to also brush up on your interview skills. Practicing for both virtual and in-person interviews will give you the confidence needed to shine when the right opportunity comes.
Beyond the Basics: Additional Strategies for Success
These steps will give you a solid foundation, but there are a few additional strategies to consider as you continue your journey:
1. Personal Branding Matters
Your resume is a living document. Regularly update it to reflect the skills most in demand in your industry. Similarly, make sure your LinkedIn profile is forward-looking. Just like a storefront window draws customers in, your personal brand should invite employers to take a closer look.
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2. Take Time to Recharge
While it’s tempting to jump right into your job search, it’s important to take time for yourself. Think of it like recharging a battery—you need to pause, reflect, and gather energy so you can operate at full capacity when the time is right. Take the time to also do things you couldn’t have done while in a full-time role.
3. Continue Growing Professionally
Use this time to expand your skill set. Take advantage of online courses in areas like AI, Sustainability, or Leadership Development. A well-rounded professional profile will make you more attractive to employers and better prepared for future opportunities. Learning, gaining new insights and skills, sends a powerful message to employers about your willingness to adapt and grow!
Final but very important bit—how you come across when someone asks, “What have you been doing?” is key. Are you giving a positive, upbeat story of what you have gained, learned, and embraced during this time? Or are you framing it as an unfortunate retrenchment exercise? This difference is critical. Any potential employer would want to hire a recharged, motivated employee who has made the most of the transition.
The Power of Resilience: Sarah’s Story
Let me share the story of Sarah (name changed), a former SEA General Manager at a leading FMCG company. After her role was eliminated due to a merger, Sarah found herself facing an uncertain future. With a severance package in hand, she took a step back to assess her next move.
Instead of rushing into a new role, Sarah chose to reflect on what truly mattered to her. She remained active through consulting, mentoring, and taking courses that expanded her skill set. Over time, she was invited to conferences, further solidifying her industry credibility as a thought leader.
Fast forward to today: Sarah’s daughter is off to university, and Sarah has opened herself up to exciting global opportunities. What first seemed like a career setback turned into a springboard for an even more fulfilling career. Sarah’s story is a testament to resilience and the power of embracing change with a strategic mindset. She is now based in Thailand, with another consumer company, leading the SEA market.
The Hard Truth About Job Searching
Securing your next role isn’t easy—it requires time, effort, and resilience. The job market is competitive, and the process can be emotionally and mentally taxing. However, by focusing on the strategies above, you’ll be able to face this challenge with confidence and clarity.
Remember, the key to success lies not just in your skills or your experience, but in your ability to adapt and persevere. This period of transition is temporary, and every step you take brings you closer to your next opportunity.
Your Next Step Awaits
Now that you have the tools and strategies to navigate this transition, it’s time to take action. What does your next step look like? Whether it’s updating your personal brand, rekindling old connections, or simply pausing to reflect on your career path, each small action will get you closer to where you want to be.
Have you experienced a similar transition? How did you navigate it? I’d love to hear your thoughts or experiences in the comments.
Ready to Shape Your Story?
If you’re a senior leader with over 15 years of experience in the B2C sector, consider joining our candidate database at Partners Consulting.
For HR or business leaders in the B2C space, let’s schedule a call to discuss the current talent landscape. Book a 45-minute slot that works for you here: Calendly link. There’s no obligation to work with me, but if we’re a good fit, I’d be thrilled to assist your organization in its hiring needs.
Looking forward to our conversation!
Jacee
our B2C Talent Partner
#CareerTransition #JobLossRecovery #Resilience #NetworkingForSuccess #PersonalBranding
HR Professional
2moVery good tips
Chartered Accountant | Business Development | Sales and Marketing Professional | Driver of client success through client-centric solutions
2moThanks Jacee for sharing this article. It is not an easy period to get through for most and probably the hardest part is trying to stay positive. I especially like your take on taking action on your personal branding. Keep the thought leadership coming!
Customer Service Director / Contact Center Director with Regional APAC & Global experience
2moThis is so true 👍
Empowering corporate leaders and business owners for financial readiness in uncertain times l Certified High-Net-Worth Adviser | Ex-VP Finance | Unbiased Holistic Financial Planning | Tax-Efficient Wealth Transfer
3moJacee Liau great tips and great share given the many recent news on corporate redundancies floating around. I have firsthand experience in this area, which I’ve shared several times here on LinkedIn, to inspire people who are like me, impacted. I am a strong advocate that things do happen for a reason, and I hope my sharing can inspire and give hope to others. In challenging moments, it's essential to focus on personal growth and resilience. Each setback can be a stepping stone toward new opportunities. I am a living example, l embraced change and remained open to learning, and have successfully navigated through uncertainty with confidence. I invite anyone currently facing similar issues to reach out to me, l can share my experience: Lily Fung (CA, AFC, MDRT)
Insurance consultant | Certified Will Planner | Certified Caregiver (basic) | Ex-Consumer Goods Sales, Sales Excellence & Strategy Development Specialist
3moGood write up! :) I think I'm one of few most eligible persons out there to be able to share, with 4x experiences. 😓 I experienced these: 1. Discarded applications 2. Discrimination, despite ticking all boxes on JDs 3. Scepticisms from hirers/interviewers, despite being truthful 4. Criticisms from hirers/interviewers, not empathy. One even commented that I should be "very rich" from all my packages. Clearly this HRD didn't understand policies well, or was very poor at Mathematics. 5. Daylight robbery, for my submitted case studies to try land the role. The recruiter who handled my case could not understand why my superbly-done up work could be rated as sub-par after the final round, and had to agree that my suspicion of being robbed was not unfounded. OMG I think I put this up as a post on my own wall and share more. 😄