Are layoffs a bad thing?

I never understood why companies layoff good people.  Yes I heard it’s to reduce headcount but in many large corporations a new person in the group next door is hired and the person who has been loyal and knows the system are let go.  And that makes no sense to me because the cost to onboard a new hire and the resources it takes to train them is expensive.

In any case one can make many arguments in regards to layoffs but that fact is it happens to millions of people.  But is it such a bad thing?

One faces many emotions when losing a job.  And though you may know your worth your mind still races with unfavorable thoughts in panic mode.

The truth is the company that you use to work for will not crumble without you.  And nor will you crumble without them.  In many cases you are back on the market looking for a higher position with a higher salary.  This is the time to reinvent yourself, dig down dip within yourself and show the world what you are made of.  One can not grow without challenges.  And finding a new job is a challenge but it can also be liberating as you have permission to boast about yourself, letting people know your skills and why you would be an asset to their firm.  

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