How to Prepare for a Potential Redundancy or Layoff

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Most people only start thinking about redundancy after it happens. By then, the options are narrower and the timeline is compressed. Getting ahead of it — even when your position feels secure — is one of the most practical career investments you can make.

Build Financial Runway Before You Need It

The single most important preparation for potential redundancy is financial. The difference between a three-month emergency fund and a six-month one is not just three months of stress — it is the difference between taking a job out of panic and taking a job because it is right.

Use Blomma to build a clear goal around financial preparation: what would a six-month cushion look like for you, how far away are you from it, and what is a realistic monthly target to get there? Making it a tracked goal dramatically increases the probability of actually building it.

Keep Your CV and Portfolio Live

Most people’s CVs and portfolios are snapshots of a job they had several roles ago. Keeping them current — as a live document — means you are never starting from scratch when you need them most.

The best time to update your CV is immediately after something notable happens: a project completes successfully, a responsibility expands, a skill is demonstrably developed. Waiting until you need it means you will be reconstructing impact from memory under pressure.

Invest in Your Network Continuously

The job opportunities that move fastest and fit best are almost always found through networks, not job boards. And networks built in advance — when you do not need anything — are far more effective than networks you try to activate in a hurry.

Blomma’s Goals feature is useful for making network maintenance a recurring commitment rather than a sporadic intention. A goal of reconnecting with two or three meaningful professional contacts per month competes over a year into a meaningfully stronger network.

Know Your Market Value

Understanding what you are worth in the job market — what roles you would be competitive for, at what compensation level, in which organizations — is information that helps you in multiple ways. It gives you negotiating leverage if you ever need to accept a package. It gives you confidence when deciding whether to accept an offer. And it helps you spot when your current compensation has drifted below market.

Researching market rates periodically, regardless of your current situation, keeps this knowledge fresh when you actually need it.

Be Clear on What You Would Want Next

Redundancy forces a career decision under time pressure. Having already thought through what you would want next — the kind of role, the kind of organization, the criteria that matter most — means you are making that decision from a considered position rather than a reactive one.

Blomma’s reflection partner is useful for this kind of exploratory thinking before it is urgent.

Frequently Asked Questions

How do I prepare for redundancy without being paranoid?

Frame it as general career hygiene rather than crisis preparation. A current CV, a healthy network, and a financial cushion are all things that benefit you regardless of whether redundancy ever happens.

Should I start job searching if I think redundancy might be coming?

It is reasonable to start exploring the market confidentially. Information about what is out there is valuable even if you decide not to act on it immediately.

What should I do if redundancy is announced?

Do not make any irreversible decisions in the first 24 to 48 hours. Review any formal offer carefully — including notice periods, garden leave provisions, references, and any competition clauses. Consult an employment lawyer if there is anything unclear.

How do I stay motivated at work while redundancy is unclear?

The uncertainty is genuinely difficult. Focus on the things within your control: your work quality, your relationships with colleagues, your preparation for all outcomes. Using Blomma’s accountability partner to maintain forward motion on your own goals helps maintain a sense of agency during a period that feels passive.

Is voluntary redundancy ever a good deal?

Sometimes, particularly if the package is generous and you have been considering a move. The key is evaluating it against your market demand and financial position clearly — not accepting because the uncertainty is uncomfortable, and not rejecting because the change is scary.

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©2026 Blomma. All rights reserved.

Growth looks good on you

AI powered coaching, accountability and insights to help you grow

©2026 Blomma. All rights reserved.

Growth looks good on you. AI powered coaching, accountability and insights to help you grow.

©2026 Blomma. All rights reserved.