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Ask HN: Laid off. Now what?
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73 points
by bourbondd
3414 days ago
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The startup I worked for has announced that it is going to shut down in May. Unfortunately, that meant 80% of us would immediately be let go. Myself included. The severance pay was really small and my health insurance will be deactivated by the end of the month. As much as I'm trying to just move on and start job hunting, I can't help but to freak out a little about the outcome since it was very unexpected. For some of you that may have experienced being laid off before, what were some of the first things you decided to do afterward? Do you have any advice or share any lessons learned? |
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2. Take one day and just relax. Have the most fun you can possibly have that doesn't damage your health or take anything more than a trivial amount of money.
3. Calculate your burn rate and cut expenses.
4. Accept that you have a new job. Your new job is finding a new job.
5. Dedicate 20 hours a week to finding and applying to jobs. You can just submit your form everywhere. Spend 5 hours a week identifying companies that you like in particular. Spend 15 hours a week attempting to make actionable progress improving your interviewing ability. This might mean studying things like Cracking the Coding Interview, or doing small projects to show that you can work with technologies that some of your prospective employers want to see.
Throttle the looking for a job part from 25 to 40 hours, keeping everything the same. Do not spend more than 60 hours total doing job hunting related activities. You'll burn out and become unmotivated.
Good luck!