post-layoff Week 2: Stepping into the Strategy

May 12

Welcome to Week 2 post-layoff.

Now that you’ve secured your EDD, completed a cursory financial review, and alerted your inner circle, it’s time to move from “reaction” to “action.”

This week is about deep-cleaning your obligations and prepping your public narrative.

1. Close the Loop with Your Inner Circle

If there are people in your primary network you haven’t pinned down yet, get them on the calendar now.

Format Matters: In-person is always best for energy and connection, but for those closest to you, a phone call works perfectly.

The Goal: Solidify these support pillars before you expand your reach to the wider professional world.

2. The Financial Deep Dive

It’s time to move beyond the “cursory” look and get surgical with your numbers.

The Subscription Audit: You’ll be surprised at what’s hiding in your bank statements. Cancel or pause anything that isn’t a daily necessity.

Consolidate Debt: Reducing the number of bills you track reduces cognitive load. One less payment to manage makes the pivot much smoother.

Proactive Outreach: If you anticipate trouble with a mortgage or rent, speak to your lender or landlord now.

A Note on Forbearance: During the 2009 crisis, banks frequently offered 6-month forbearance—delaying payments without accruing interest. It is not a foreign concept to them; being proactive is your best leverage.

Know Your Back Pocket: Consult your financial advisor. Understand exactly how to access retirement accounts and what the specific withdrawal penalties are. You may never need to touch it, but you need to know the cost if you do.

3. The “Storage” Strategy

If you have a storage unit: Go there. Review your items and clean it out. Why pay for space you don’t need while you’re in a pivot?

If you don’t have one: Research local rates and locations. It’s better to have this information and a plan in place before you’re in a rush.

4. Updating the Social Narrative

It is finally time to update your socials. However, this must be done with a clear mind.

Strategy Over Shock: Your posts and profile changes should be thoughtful and forward-looking.

The Frame: You aren’t just “unemployed”; you are pivoting to your next chapter. Ensure your LinkedIn headline and announcement post reflect where you are going, not just where you’ve been.