Photo: Brooke Cagle | Unsplash
As significant layoffs persist across nearly all sectors of the global job market, many different types of workers have found themselves cut. For many, the impact is substantial, involving a loss of financial stability, health insurance, confidence or even sense of identity. But for some, the experience of being laid off can catalyze positive change. According to a LinkedIn survey of more than 2,000 US employees in December 2022, 27% of people laid off end up seeing redundancy as the best thing that ever happened to them. Some start their own businesses; others find a new career they love, or use the opportunity to reevaluate their work-life balance. These former employees have found themselves with opportunities they wouldn't have had without going through a job cut. "Layoffs can trigger a deeper investigation of our own selves – away from the context of a particular job or role – and enable us to dive deeper into what it is that makes us who we are," said psychotherapist Eloise Skinner. "When it comes to finding another job, we can then build on a foundation of deeper knowledge about ourselves – what we want, what we value, and who we want to be – and ultimately lead to a more fulfilling career path," she said.
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