{"id":2163,"date":"2016-08-06T14:28:43","date_gmt":"2016-08-06T08:58:43","guid":{"rendered":"https:\/\/www.jodi365.com\/singledout\/?p=2163"},"modified":"2020-10-19T17:05:34","modified_gmt":"2020-10-19T11:35:34","slug":"open-letter-to-employees-laid-off-by-startups","status":"publish","type":"post","link":"https:\/\/www.jodi365.com\/singledout\/open-letter-to-employees-laid-off-by-startups\/","title":{"rendered":"An Open Letter to Employees Laid Off by Startups Such as Flipkart, Ola, Zomato, Snapdeal, TinyOwl, and FoodPanda"},"content":{"rendered":"<p>In recent weeks and\u00a0months, many startups \u2013\u00a0including,\u00a0or should we say\u00a0especially, heavily-funded ones \u2013\u00a0has been showing the door to dozens if not hundreds of their employees: Flipkart, Ola, Housing, PepperTap, FoodPanda, Zomato, TinyOwl, CommonFloor, HelpChat, SnapDeal, and Grofers, among others.<\/p>\n<p>Employees were given to believe that they were laid off because they were underperforming. \u00a0However, most suspect the real reason to be the fact that these companies hired too many people too soon at too high a salary. \u00a0A funded startup isn&#8217;t necessarily a successful startup. \u00a0It only means that there are investors\u00a0willing to bet on that startup&#8217;s success. \u00a0The funding only provides a &#8220;runway&#8221; to sustain a growing startup&#8217;s &#8220;burn rate&#8221; (net cash outflow per month, or the rate at which cash is getting burned), by which time, hopefully, the startup\u00a0picks up so much momentum that it either takes off or attracts higher investment in anticipation of even greater future growth. \u00a0When startups are not\u00a0profitable and don&#8217;t even have a clear path to profitability or indications of continued growth, cutbacks are inevitable.<\/p>\n<p>If you have been a victim of an unanticipated lay-off, don&#8217;t fret. \u00a0You are not alone. \u00a0Here is a list of helpful dos and don&#8217;ts to help you bounce back.<\/p>\n<h2><strong>1. Do not be disheartened<\/strong><\/h2>\n<figure id=\"attachment_2166\" aria-describedby=\"caption-attachment-2166\" style=\"width: 480px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.flickr.com\/photos\/mikeshaheenphotography\/14988515831\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2166 size-full\" src=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/do-not-be-disheartened.jpg\" alt=\"stay positive\" width=\"480\" height=\"442\" srcset=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/do-not-be-disheartened.jpg 480w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/do-not-be-disheartened-300x276.jpg 300w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-2166\" class=\"wp-caption-text\"><em>Michael Shaheen<\/em><\/figcaption><\/figure>\n<p>Getting terminated from a job, especially without warning, is an ordeal. \u00a0But it is not the end of the world and panicking is not going to help you land a job again. \u00a0So, do not let your emotions get the better of you.<\/p>\n<p>Take a deep breath and think with a level head.\u00a0 Re-prioritize your life and see your lay-off as a catalyst for\u00a0positive change.<\/p>\n<p>People going through a period of unemployment have been known to slip into depression. \u00a0This is because losing a job causes grief that comes with losing your identity and your work routine.<\/p>\n<p>Psychologists talk of the five stages of grief: Denial, anger, bargaining, depression, and acceptance. \u00a0These stages apply not only to the grief associated with the loss of a loved one, but also of a valued job. \u00a0Battle your fears and the uncertainty and stay positive.<\/p>\n<h2><strong>2. Don&#8217;t make any drastic decisions<\/strong><\/h2>\n<figure id=\"attachment_2180\" aria-describedby=\"caption-attachment-2180\" style=\"width: 480px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.flickr.com\/photos\/131794563@N05\/18233126082\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2180 size-full\" src=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/perspectives.jpg\" alt=\"Figure out your self\" width=\"480\" height=\"320\" srcset=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/perspectives.jpg 480w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/perspectives-300x200.jpg 300w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/perspectives-177x118.jpg 177w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-2180\" class=\"wp-caption-text\"><em>Bold Content<\/em><\/figcaption><\/figure>\n<p>Losing a\u00a0job can be disorienting to many, but\u00a0the initial shock will not last for long. \u00a0As you look for a new job, you may get offered mediocre jobs and passing on them will be tough decisions to make. \u00a0Remember, if you take up a job \u00a0out of desperation, you would soon feel miserable doing it. \u00a0Give yourself some time to process the sudden change that has happened in your life.\u00a0 Meanwhile, do not make any drastic decisions.\u00a0 Things will fall into perspective soon.<\/p>\n<h2><strong>3. Get a letter of recommendation<\/strong><\/h2>\n<figure id=\"attachment_2167\" aria-describedby=\"caption-attachment-2167\" style=\"width: 480px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.flickr.com\/photos\/philliecasablanca\/4424424706\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2167 size-full\" src=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/colleagues_mini.jpg\" alt=\"Colleagues\" width=\"480\" height=\"360\" srcset=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/colleagues_mini.jpg 480w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/colleagues_mini-300x225.jpg 300w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-2167\" class=\"wp-caption-text\"><em>Phil Whitehouse<\/em><\/figcaption><\/figure>\n<p>If you are on good terms with your boss, do get a letter of recommendation from them as you leave.\u00a0 Try not to bad-mouth your company to others or to harbor ill feelings towards the company or your colleagues. \u00a0Instead, stay in touch with them. \u00a0You&#8217;ll never know when these contacts will come in handy, especially if you plan on continuing in your line of work. \u00a0Many a time, landing a job depends on who you know.<\/p>\n<h2><strong>4. Do a financial assessment<\/strong><\/h2>\n<figure id=\"attachment_2168\" aria-describedby=\"caption-attachment-2168\" style=\"width: 480px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.flickr.com\/photos\/pshegubj\/4626928612\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2168 size-full\" src=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/monthly-expenses.jpg\" alt=\"Make a financial assessment\" width=\"480\" height=\"359\" srcset=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/monthly-expenses.jpg 480w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/monthly-expenses-300x224.jpg 300w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-2168\" class=\"wp-caption-text\"><em>pshegubj<\/em><\/figcaption><\/figure>\n<p>Before you dive into something new, calculate how long you can go without a job.\u00a0 Bills will pile up, yes, and having some money saved up may help. \u00a0Look into how you can cut back expenses to stay afloat until\u00a0you find a secure job with a steady income. \u00a0Do not forget to inform those who are financially dependent on you about your job loss.<\/p>\n<h2><strong>5. Figure out if you were happy at your previous workplace<\/strong><\/h2>\n<figure id=\"attachment_2173\" aria-describedby=\"caption-attachment-2173\" style=\"width: 480px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2173 size-full\" src=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/happiness-matters.jpg\" alt=\"Do what makes you happy\" width=\"480\" height=\"318\" srcset=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/happiness-matters.jpg 480w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/happiness-matters-300x199.jpg 300w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/happiness-matters-177x118.jpg 177w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-2173\" class=\"wp-caption-text\"><em>Greg Wagoner<\/em><\/figcaption><\/figure>\n<p>Human beings are creatures of habit. \u00a0No matter how much we\u00a0dislike a particular job or task, we\u00a0are designed to get conditioned to it sooner or later.\u00a0 With this is mind, re-evaluate all those years you spent at previous jobs and ask yourself if you were truly happy doing them.\u00a0 Take out a piece of paper and jot down what you gained from them, besides\u00a0monetary compensation. \u00a0If you realize that you weren&#8217;t happy all along, now would be the time to figure out what you really want to do. \u00a0Plan\u00a0a career switch as appropriate.<\/p>\n<h2><strong>6. Use this hiatus to focus more on your self<\/strong><\/h2>\n<figure id=\"attachment_2174\" aria-describedby=\"caption-attachment-2174\" style=\"width: 480px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.flickr.com\/photos\/nataliejohnson\/2690051515\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2174 size-full\" src=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/self-love.jpg\" alt=\"Rediscover yourself\" width=\"480\" height=\"320\" srcset=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/self-love.jpg 480w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/self-love-300x200.jpg 300w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/self-love-177x118.jpg 177w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-2174\" class=\"wp-caption-text\"><em>Natalie<\/em><\/figcaption><\/figure>\n<p>Everybody deserves a break from the rat race that life has come to be.\u00a0 If you have enough time on your hands before your resources run out, take some time off and focus on yourself.\u00a0 Tap into your inner thoughts and rediscover your interests. \u00a0Renew the passions that were lying dormant all the years you were employed. \u00a0Immerse yourself in inexpensive ways to have fun, such as going to the beach or heading out into the woods to re-kindle your relationship with nature.<\/p>\n<p>Try not to fall into a state of sluggishness. \u00a0Eat properly, exercise, and get plenty of sleep to keep your mind and body functioning right.<\/p>\n<h2><strong>7. Make a list of all the achievements you have made<\/strong><\/h2>\n<figure id=\"attachment_2169\" aria-describedby=\"caption-attachment-2169\" style=\"width: 480px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.flickr.com\/photos\/photoann\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2169 size-full\" src=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/featured-image-list.jpg\" alt=\"List out your achievements\" width=\"480\" height=\"360\" srcset=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/featured-image-list.jpg 480w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/featured-image-list-300x225.jpg 300w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-2169\" class=\"wp-caption-text\"><em>Photoann<\/em><\/figcaption><\/figure>\n<p>Reflect on all that you\u00a0have achieved\u00a0in the past.\u00a0 This is the time to surround yourself with positivity, and one way to go about doing it is by reminding yourself of\u00a0all the accomplishments you have made. \u00a0Doing this will help you realize the marketable skills you possess.<\/p>\n<h2><strong>8. Update your profile on online job portals<\/strong><\/h2>\n<figure id=\"attachment_2175\" aria-describedby=\"caption-attachment-2175\" style=\"width: 480px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.flickr.com\/photos\/kaptkurtz\/2148498301\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2175 size-full\" src=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/linkedin-profile.jpg\" alt=\"Update online job profiles\" width=\"480\" height=\"355\" srcset=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/linkedin-profile.jpg 480w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/linkedin-profile-300x222.jpg 300w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-2175\" class=\"wp-caption-text\"><em>ana m.<\/em><\/figcaption><\/figure>\n<p>Be proactive and on the lookout for opportunities that may interest you.\u00a0 Getting terminated from your job is not something you need to be ashamed about. \u00a0Lay-offs are common occurrences\u00a0in rapidly changing industries, and which industries don&#8217;t see change?\u00a0 So, do not be discouraged and do not let anything stop you from updating your employment status on your online profiles (personal and professional).\u00a0 You never know from where the next opportunity would come knocking.<\/p>\n<h2><strong>9. Take up freelancing<\/strong><\/h2>\n<figure id=\"attachment_2176\" aria-describedby=\"caption-attachment-2176\" style=\"width: 480px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.flickr.com\/photos\/sandeepachetan\/10083868394\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2176 size-full\" src=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/explore-photography.jpg\" alt=\"Explore freelance options such as photography\" width=\"480\" height=\"320\" srcset=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/explore-photography.jpg 480w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/explore-photography-300x200.jpg 300w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/explore-photography-177x118.jpg 177w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-2176\" class=\"wp-caption-text\"><em>Sandeepachetan<\/em><\/figcaption><\/figure>\n<p>One way to make ends meet while you are in between jobs is to take up freelance assignments.\u00a0 For instance, if you are a photography enthusiast, you can assist an established photographer and learn from him or take up assignments of your own.\u00a0 But see it to the end and make sure you deliver what you promise. \u00a0Also, freelance work need not be as hectic as a normal job. \u00a0They should\u00a0allow\u00a0you sufficient free time to hunt for a job while still getting paid, however meager the pay might be. \u00a0Volunteering at an NGO can help to keep your skills sharpened, expand your network, help you land leads to suitable job openings, and also provide a sense of satisfaction from making useful contributions to an organization or society at large.<\/p>\n<h2><strong>10. Reach out to friends or family<\/strong><\/h2>\n<figure id=\"attachment_2177\" aria-describedby=\"caption-attachment-2177\" style=\"width: 480px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.flickr.com\/photos\/mynameisharsha\/9240215990\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2177 size-full\" src=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/time-with-family.jpg\" alt=\"Spend time with family\" width=\"480\" height=\"320\" srcset=\"https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/time-with-family.jpg 480w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/time-with-family-300x200.jpg 300w, https:\/\/www.jodi365.com\/singledout\/wp-content\/uploads\/2016\/08\/time-with-family-177x118.jpg 177w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/a><figcaption id=\"caption-attachment-2177\" class=\"wp-caption-text\"><em>Harsha K.R<\/em><\/figcaption><\/figure>\n<p>Discuss career options with friends and family.\u00a0 They usually have your best interests at heart and can\u00a0provide you with useful advice and job leads.\u00a0 Also, use your good judgment instead of blindly complying with\u00a0their wishes or reacting to their justifiable concerns.<\/p>\n<p>Above all else, again, stay positive. \u00a0As enough people have said: Everybody falls down at some point or other in their lives. \u00a0That isn&#8217;t failure. \u00a0What is failure is an unwillingness to get back on your feet again.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Featured image courtesy of <a href=\"https:\/\/www.flickr.com\/photos\/48407218@N07\/5355887261\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">.bravelittlebird<\/a><\/em><\/p>\n<p>Editor&#8217;s note:<\/p>\n<p>Is your job safe?\u00a0Read:\u00a0<a href=\"https:\/\/www.jodi365.com\/singledout\/jobs-made-obsolete-by-technology\/\" target=\"_blank\" rel=\"noopener noreferrer\">Think About These Once-Popular Jobs Made Obsolete By Technology<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>","protected":false},"excerpt":{"rendered":"<p>In recent weeks and\u00a0months, many startups \u2013\u00a0including,\u00a0or should we say\u00a0especially, heavily-funded ones \u2013\u00a0has been showing the door to dozens if not hundreds of their employees: Flipkart, Ola, Housing, PepperTap, FoodPanda, Zomato, TinyOwl, CommonFloor, HelpChat, SnapDeal, and Grofers, among others. Employees were given to believe that they were laid off because they were underperforming. \u00a0However, most [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":2182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>An Open Letter to Employees Laid Off by Startups Such as Flipkart, Ola, Zomato, Snapdeal, TinyOwl, and FoodPanda | SingledOut by Jodi365.com<\/title>\n<meta name=\"description\" content=\"In recent weeks and months, many employees have been laid off by startups. 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