Related Posts
Does anyone here work for Silicon Valley Bank? They recently acquired Boston Private. I’m a candidate for a job at Boston Private. Wondering if SVB is planning layoffs in the near term at BP? Also, does anyone know the anticipated benefits to be rolled out from SVB as the parent company? Specifically interested in health insurance providers. Thanks in advance for any information! Silicon Valley Bank
Are cover letters really needed anymore?
My baby ❤️
Anonymous User
Which part of the world are y’all from?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Like you said, it's the most common thing to be laid off now. Maybe you're attaching to event too much to your abilities and your performance. It's all just business. The company needed to spend less, and that's all it is. On a deeper level, maybe use this time to detach yourself from the identity that gets formed around your job and what you do. There's a lot more to you than your job and while you try to find something else to work on, I hope you also find a piece of yourself - the one that is not defined by any of the successes that come with work.
First of all, remember that your being laid off is not a reflection of you or your skills. It's a reflection of the economy and the job market. Second of all, you are not your job. Think about the other things that define you and why they are important to your identity. Yes, our jobs are something that we spend a lot of time and energy on. But they don't make us who we are.
Mindset shifts are never easy to pull off, but you just have to try to accept that this is your current reality and do what you can to make the best of and get out of it. For me, staying active with filling out applications and trying to keep myself on some kind of schedule has seemed to help. Just knowing I'm taking action to get out of this is huge for me.
Honestly, give yourself grace. This is new territory for a lot of people even though layoffs have been happening left & right the past 12-18ish months. I had 3 other friends who got laid off within a couple months of each other and even though it sucks it can allow for honest, open conversations about work & life. Lean on your support circle, whether that’s family members or inner circle of friends. I definitely relate to self-worth because I didn’t want to tell my wife that I was being laid off because I didn’t want her to feel like I couldn’t be a stable provider for our family (even though we have monies saved for a rainy day). But this too shall pass & you’ll realize that you can and will find opportunities out there and land on your feet again.
My advice: reach out to recruiters in your network and let them know you’ve been laid off, what you want to look for in your next opportunity so they can start doing some job hunting for you, and maybe take like a week or so of just processing and reflecting. No better time to focus on one’s self than when you’re in between jobs. Make sure to also apply for unemployment ASAP as that can take a week or two before you start getting benefits. Then start job searching online, focusing on new roles posted within the past week, as you navigate this next phase of employment. I will say it will likely take multiple months to find a new job, even when you fully leverage your network or might know of open roles to apply to, but have faith and be persistent. Create a spreadsheet of companies & roles you apply to and add status updates based on notifications/emails/phone calls you get. It’ll help you track all your applications.
I wish you all the best, and don’t beat yourself up over this temporary obstacle!