Knowing that a downsizing is imminent at your place of work gives room for preparation. However, loosing a job out of the blues can be a big kick in the gut regardless of it having anything to do with your performance or not. One thing i want you to keep in your mind is simply that success in all our lives isn’t measured solely by opportunities but rather by how we respond to obstacles and challenges. How job-loss is handled becomes more important than the job loss itself. If not handled properly, it could trigger a range of emotions such as self-pity, resentment, failure, humiliation and anxiety. This affects your finances but the hardest-hit zone is your sense of self-worth and ego.

Many employed individuals loose a sense of personal identity and let the job envelope everything about them. This is the major reason job-loss victims get hard-hit.

There is always some positive lessons to gain from every situation, even a job loss and this is usually recognized in hind-sight. Some of the important things a job loss could teach you are;
An opportunity to teach your children about budgeting
An opportunity to spend some extra time with your family
An opportunity to take a deeper look into your existence
An opportunity to change your career path
An opportunity to figure out what matters the most
An opportunity to re-evaluate your entire life

What happens after a job loss?
This is almost like other types of losses and it causes a grieving period. You need to be honest with yourself, accept the situation and then plan to move forward. .

1. Denial and Isolation

In circumstances where there were mass retrenchments like a company going out of business or bank downsizing, the victim of a job loss still feels like they are the only one affected. It’s an alone moment that makes you want to stay away from everyone.

2. Anger

After all the effort and sacrifice you put in, it could be quite deflating to feel that your contribution was not appreciated. This gets victims of job-losses angry.

3. Desperation

After a job loss, your next instinct may be to quickly go and begin searching for another job. My honest advice to you is to give yourself at least 2 weeks of reflection to see what went wrong, how you helped the company grow and if this is the time for a career change. Instead the desperation job loss victims feel push them to quickly start searching for a job. Sometimes applying to jobs they are under or over-qualified for.

Full Article here.
https://templeobike.com/2020/02/01/loosing-a-job-how-to-handle-the-associated-emotions/