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Layoff Anxiety

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If you’re worried about losing your job and that anxiety is constantly affecting your day-to-day, you’re not alone. Layoff anxiety is experienced by 48% of employed Americans, especially in times of economic uncertainty or during periods of corporate restructuring. This kind of persistent anxiety can negatively impact your job performance and overall well-being.

In this article, we’ll discuss layoff anxiety and how you can cope with it so that you can show up to work each day feeling at ease and ready to advocate for yourself. 

At Klarity, we understand that anxiety can be tricky to navigate on your own. Take this brief self-evaluation, and we’ll connect you with a licensed care provider within 48 hours. We’ve got you covered if you’re looking for compassionate anxiety treatment. 

What is Layoff Anxiety?

Layoff anxiety is a type of anxiety specifically related to the fear of losing your job. It can be triggered by various factors, including rumors of layoffs, company downsizing, or job insecurity. Your anxiety can range from mild to severe and may manifest in physical symptoms such as sleep issues, difficulty concentrating, and increased irritability.

How Layoff Anxiety Impacts Your Health and Job

Layoff anxiety can significantly impact your physical and mental health, increasing stress. You can experience negative effects like increased blood pressure and a weakened immune system when you’re consistently stressed. Layoff anxiety can also affect your ability to focus and perform at work, ultimately impacting your job performance and career prospects.

How to Cope With Layoff Anxiety

If you’re experiencing layoff anxiety, finding healthy ways to cope is important. Remember, it is natural to feel anxious when faced with the possibility of losing your job. However, by taking steps to manage your anxiety and seeking support if needed, you can reduce its impact on your life. Here are some easy tips for how to manage layoff anxiety.

Don’t Jump to Conclusions

It can be easy to jump to conclusions when you’re worried about losing your job. However, remember that until you have confirmation, it’s not helpful to assume the worst. By endlessly speculating, you can drive yourself to unending distraction. Instead, try to focus on the things you can control, such as your work performance and attitude.

It can also help to ask yourself questions that will help ground you in reality, like:

  • Has your workload changed?
  • Has your supervisor asked you to make budget cuts?
  • Are sales up or down?
  • Is your employer currently hiring?

The answers to these questions will give you a better idea of the truth of your thoughts. Because while your anxious thoughts are real, they’re not always true. 

Ensure You’re Working On High-Value Projects

One way to help manage layoff anxiety is to focus on projects that are high value for your organization. By demonstrating your value to the company, you may be able to increase your job security. 

Try reaching out to your supervisor to have a conversation about your opportunities for growth. Doing so shows initiative and keeps you top-of-mind as someone willing to work to improve. And, even if you are laid off, you can cite those high-value projects as advanced experience when you apply for your next position. 

Create a Layoff Backup Plan

Having a plan provides a sense of control and helps reduce anxiety. This may include updating your resume and networking with other professionals in your field. Creating that backup plan can also be a clarifying exercise, showing you that you still have options and aren’t free-falling into the unknown. 

Separate Your Identity From Work

Your job is not your entire identity. Maybe it makes you feel accomplished, but don’t attach your self-worth to what you do for a living. Instead, make time for people and activities you enjoy outside of work and try to maintain a balance in your life. That could look like yoga, journaling, dinner with friends, taking a dance class, and so much more!

How to Seek Anxiety Treatment

If your layoff anxiety is causing significant distress or impacting your daily life, it may be helpful to seek treatment. You can start by seeing your primary care provider to determine if your anxiety is related to your physical health or an underlying medical condition. Experiencing severe anxiety symptoms may mean you need to see a mental health specialist. 

A therapist or counselor can provide you with strategies tailored to meet your individual needs so you can start to manage your anxiety symptoms. Your HR department may have a list of available resources that your employer provides to support employee mental health. Or, you could seek out a therapist outside of your work environment on your own. 

Thankfully, many providers offer sliding scale options, so if you don’t have insurance, you don’t have to worry about staggering treatment fees. Additionally, you can pursue telemedicine, which provides convenient access to mental health professionals who can help diagnose and treat your anxiety symptoms. With telehealth, you can see your provider online, and you don’t have to endure long waitlists

Speak to a Healthcare Provider in Just 48 Hours

At Klarity, we believe in access to quality mental health care for all. You shouldn’t have to take off work, face long wait times, or endure inconvenient commutes to get the anxiety treatment you need. With the providers on our platform, you can be seen right from the comfort of your own home. 

If you’re prescribed medication, we’ll even send it directly to your pharmacy or front door. Need a refill? If your medication works well for you, you can receive your prescriptions on a recurring basis that’s convenient and worry-free. 

Your mental health is our priority. Reach out to us today to get started on your journey toward living symptom-free. 

Sources:

James Davis. “Layoff Anxiety and Approaches to Termination” Hr Daily Advisor

https://hrdailyadvisor.blr.com/2020/01/28/layoff-anxiety-and-approaches-to-termination/

Jantra. “4 ways to deal with layoff anxiety” Pacific Prime

https://www.pacificprime.com/blog/4-ways-to-deal-with-layoff-anxiety.html

Snigdha Biswas. “Layoff Stats and Anxiety: Examples That Will Help” SaaSworthy

https://www.saasworthy.com/blog/layoff-stats-and-anxiety-examples-that-will-help/

Melody Wilding. “How to Deal with Layoff Anxiety” Harvard Business Review

https://hbr.org/2022/09/how-to-deal-with-layoff-anxiety

Mayo Clinic Staff. “Stress Symptoms: Effects on Your Body and Behavior” Mayo Clinic

https://www.mayoclinic.org/healthy-lifestyle/stress-management/in-depth/stress-symptoms/art-20050987

Start today, and discuss your symptoms with a specialist who can help.

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