What To Do After You're Laid Off

What decisions should you make after a layoff?

Summary
Transcript
Libby Goldschmid, Director of Sales for Core-Mark International, reminds us that nothing is permanent when it comes to our jobs and making a job change. Using the personal stories of her own career and the careers of those she helps through her volunteer work, Libby helps us avoid the hidden traps in decision making after a layoff. One such trap, she explains, is the natural tendency to think you can overcome the challenges and emotions on your own. Instead, Libby's step-by-step process includes seeking support from outplacement professionals who uniquely understand the challenges of job layoffs and the path to a preferred future. Those who have previously managed and guided others in this process can offer an easier road for you to walk, based on expert recommendations and action steps. Libby provides additional insights to help ensure that the decisions you make after a layoff are intentional, and encompass needs such as interview skills and resume writing. What support methods have you found helpful in previous job searches? Share with others in our community by posting in the comments section below. Discover decision-making approaches to managing the trajectory of your career after a lay off. Watch this and other videos decision making on Leadercast!
My background really consists of Corporate America. Sometimes it's been a good thing, sometimes not a good thing. Started with McNeil, the makers of Tylenol, so, start out selling drugs. From there I decided let's do something else, and went to work for the Coca-Cola company. Sales and marketing is kind of my background, so I'm kind of like one of those unique blends. In 2000 I found myself walking out of the Coca-Cola building with 3,000 of my closest friends. It was called a restructure, downsize, rightsize, regardless, I was whacked. So I lost my job. And went to work for a small company, family owned at the time, it was The Weather Channel. So I enjoyed that change from Corporate America. I found myself getting displaced from that organization, luckily went back to Coke. And then just recently was whacked again from Coke, which is completely fine. Now I'm at Core-Mark, a wholesale distributor and loving life. So through that, it's just taught me that nothing's permanent and you better plan for your next move because it's happening. The first time I was laid off from Corporate America I thought I could do it all on my own. So I am smart enough and by golly, I don't need anybody's help. Okay, that was my first fatal mistake because people who have walked this process before have an easier road for you to walk with their recommendations and coaching and counseling. So by all means, go to outplacement, go to the source of resources for the future because certainly, people have walked your shoes. They know how to get you to your next career quicker and faster and don't make the mistakes that they did thinking they could go solo. Just be prepared. Understand what your strengths are, what your weaknesses are, and really more about where you want to go and where you want to land. And it truly is about managing your career. I think so often people will have other people manage their career. And you really need to sit back and figure out what makes you happy, what makes you unhappy, and where do you want to go and lead yourself to that next position.
201618

Libby Goldschmid

Libby Goldschmid is the Corporate Director of Sales, East Region at Core-Mark International in Atlanta, Georgia. A graduate of the University of Alabama and member of the Kappa Alpha Theta sorority, Libby has 25+ years of experience i...

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