Navigating and Redefining Times of Uncertainty
Some call it a “Techcession”, others a “Market Correction”, but the fact remains that many roles in tech companies have been eliminated lately. The impact of this goes beyond just professionals in a certain industry. Their families are affected as well, whether they work in similar places or not. The full circle of impact on the economy, individual, and collective stability is uncertain, and the end is not clear.
Photo by Eileen Pan
This is a challenging time to navigate uncertainty. Anxiety rises, while trying to keep a decent focus on the ongoing work whether one still maintains their role, manages the possibility that it might not. A combination of intentional mindset shift, gaining perspective and efficient action-taking is required.
Looking at it from a different angle, we are always faced with a degree of uncertainty. It usually comes in implicit forms when saying “life is short” and “anything is possible”, etc. However, we are wired to create an illusion of stability. In reality, what we are experiencing is yet another form of uncertainty, a more explicit one, when a company we work at announces they will proceed in laying off a percentage of their workforce within a time period, and we are conscious of the probability it can be us.
What we can effectively do about it is a mindset training around how to handle and live with the explicit forms of uncertainty. I did some research about the behavioral science behind uncertain times, and through personal reflections, here are a couple of strategies that can help you navigate these circumstances, one way or another:
Focus on what you can control, such as your own actions and reactions, rather than worrying about things outside of your control. While you can't control the fact that you were/are getting laid off in your professional journey, you can control how you respond to the situation. Take the time to update your resume and LinkedIn profile and reach out to your professional network for support and advice.
Take care of yourself. Prioritize your physical and mental health. Losing your job can be emotionally and physically draining, so it's important to prioritize self-care. Make time for exercise, relaxation, and activities that bring you joy.
Stay connected with friends, family, and colleagues to maintain a sense of community. It is crucial to feel supported in challenging times. Bouncing ideas around, creating experiences with people who genuinely want the best for you is a source of motivation and resilience.
It's important to recognize that while losing your job can be a setback, it can turn out to be an opportunity, it is not the end of your career. You can use this time to reflect on your goals and aspirations, and to explore new opportunities.
But how can we make sure that these strategies work?
Neuroscience suggests that uncertainty can trigger feelings of anxiety and stress, as it activates the amygdala, the brain's fear center.
However, uncertainty can also be a catalyst for learning and growth, as it forces us to adapt and develop new strategies.
Studies have shown that individuals who are able to tolerate uncertainty tend to have more positive outcomes in both their personal and professional lives.
Research has demonstrated that practicing mindfulness and other forms of self-care can help individuals cope with uncertain situations and reduce stress levels.
Finally, remember that uncertainty is a natural part of life. While it can be uncomfortable, it can also be an opportunity for growth and learning. Use this time to reflect on your values and priorities, and to set goals for the future. With the right mindset and approach, you can navigate this uncertain time and emerge stronger and more resilient than ever before.