We should be honest about the mental health impacts of layoffs

We should be honest about the mental health impacts of layoffs

Every person you lay off from your business is ten times more likely to try and take their own life.

I don’t think senior executives think in those terms. I suspect many are thinking about juicing the bottom line, getting a little stock price bump, maybe making things more efficient, etc. I think large investors think about what is best for their stock values. That’s why CEOs announce layoffs of 10% of the workforce and are rewarded with $100 million bonuses.

Linked – People in 20s more likely to be out of work because of poor mental health than those in early 40s

Linked – People in 20s more likely to be out of work because of poor mental health than those in early 40s

When you’re young and not on the standard education/career path due to mental health, there’s no career history or learned skills to fall back on. I think many employers would view you as unemployable in our current environment. I’m not saying that should be how it is, but it is likely the way it is. My story illustrates the path out of that, but it also contains some privilege. I was able to go to therapy. My family gave me a place to live while I wasn’t working. I had access to learning tools. I had to work hard to create opportunities to learn new skills, but I also found myself in places where I could do that. I had help.

Linked – Can remote work cause depression?

Linked – Can remote work cause depression?

Working from home opens up opportunities to people who can’t, for many reasons, travel to an office every day. It can, however, be lonely at times. Finding the right balance is key. Finding the places where you can still connect with people outside of work is key. You’re no longer spending a third of your day in the same location as your coworkers and connecting by default. Still, you can connect and be more involved in your community because you’re not spending another couple of hours commuting. You can spend more time with your family.

You have to figure out what works and doesn’t work.

Employee Wellness Plans Are Likely Making No Difference
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Employee Wellness Plans Are Likely Making No Difference

o here’s an app, but your manager is still going to expect you to answer emails 24×7, customers will be given your cell phone number to reach you whenever, and you’ll be expected to produce 8 hours of work while also attending 4-5 hours of meetings every day. All while not making enough money to pay for childcare or pay off the loans you took to get the degree that was required to get the job in the first place.

Gee, I wonder why that yoga class isn’t helping.

Would Retiring Induce “Relevance Deprivation Syndrome” For You?

Would Retiring Induce “Relevance Deprivation Syndrome” For You?

I think another way to understand this is our cultural obsession with “what you do” being the defacto representation of “who we are,” meaning that when we stop working, it can be detrimental to our mental health. After all, if you’ve spent 35-40 years identifying yourself as a lawyer, what will you be when you stop working as a lawyer?