How to Bounce Back from a Job Loss

Budget cuts and restructuring have brought an end to employment for many people in recent years. Perhaps you saw your job loss coming. Or maybe it was a complete blindside. Regardless, odds are it was not welcome news.

Our most important piece of advice? Give yourself time to recover from the shock. You may feel a whole range of emotions when you're laid off. This reaction is common and understandable.

Here are some tips to help you cope and bounce back:

Let yourself be angry, hurt or disappointed.

Acknowledging your feelings to trusted friends, family members, and accounting and finance peers is part of readying yourself for the next opportunity. A word of caution: It may be tempting to vent on social media channels or even professional networking sites. Don’t. Sharing emotional comments in public forums could come back to haunt you.

Take advantage of counselors or career coaching.

If your company offers support, find out how long the outplacement services will be available to you. If you need time to process your job loss, wait a few days and then get in touch with the outplacement team. These professionals specialize in helping displaced employees sort out what’s next. Also consider signing up with an accounting staffing agency. Recruiters and staffing managers at such firms can offer resume and job interview tips.

Explore new opportunities.

Now that you don’t have an office to go to every day, reach beyond your inner circle. Meet up with former colleagues. Simple social interactions can be a great source of ongoing emotional support and may even help you find leads for your next job. Those same work friends who were helpful when you worked together may be just the supporters you need now.


Even if it’s just for a few hours, volunteering gets you out of the house and interacting with others. Contributing your time and expertise presents opportunities to make a difference — and new professional connections.

Sign up for some training.

Attending a class or workshop or taking online courses can help you in more ways than one. First, you are taking advantage of having more time to deepen your skills or knowledge. Second, when you land your next interview, you will be able to talk about how you put that unexpected extra time to good use.

While it’s easier said than done, try not to let losing your job keep you down for long. We hope these tips help you bounce back and find a new and even more exciting career opportunity.