Starbucks is only the latest company to furlough employees and lay off 300 corporate positions, reports CNBC. Disney made headlines in April for nixing 1,000 people across all platforms, including at Marvel, where nearly all of its award-winning visual development team was let go.
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In general, she recommended former employees:
Clarify the terms with your employer, including your final day of work, payment terms, separation pay, and moreGather benefit information including insurance, stock options, 401(k), and any company owned propertyFind out if you can work during your furloughGo over any noncompete agreementsAsk for access to any necessary tax documents? Be the most interesting person in the room with Parade's daily newsletter ?
Immediately file for unemployment, as it can take weeks for the first check to arriveUpdate your resume with current metrics and accomplishmentsContact friends or former coworkers for recommendations and any job opportunitiesPost your resume to every employment site, including LinkedIn, Indeed, Monster, and moreReassess your finances and cancel any drains on your bank account that are no longer usefulCreate a schedule for yourself to job hunt so you don’t feel burned out from the experienceTake a free online certification to gather new skills
Related: Jeff Bezos’ Washington Post Cuts Hundreds in Major 'Bloodbath' Layoffs
Take a Breath Before Diving into Job Hunting
“There are definitely still full-time jobs available," she tells Parade. "I think it really depends on geography. While many companies are struggling, depending on their industry right now, there are other companies that are thriving, such as food delivery companies and all the operations that have to do with that. There are a number of technology companies that support remote workers. You also have companies that are in the virtual relaxation and mindfulness space, as well as online entertainment. All of those kinds of things have taken off and are doing quite well.”
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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