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Ted Prodromou

The Silent Struggle of Losing a Job After 55

Published about 1 year ago • 1 min read

According to a survey by the Bureau of Labor Statistics, 74% of careers end abruptly.

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This is due to layoffs, mergers, budget cuts and ageism.

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This happened to me three times in 20 years.

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I was doing a good job and BAM.

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My boss told me "I'm sorry but we have to let you go."

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My first emotion was shock.

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After a few days, anger and frustration set in.

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Then the anxiety tied my stomach in knots when I realized it's hard to find a job when you're over 55.

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Being a guy, of course I didn't ask for help.

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I kept my frustrations to myself.

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Being a certified coach, I tried to coach my way out of this.

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Looking back, here's what I should have done.

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Understanding Emotions (this is extremely hard for men)
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  1. Acknowledge Your Feelings: Recognize that feeling angry or anxious is a natural response to job loss or career transition.
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    Accepting these feelings as legitimate can be the first step towards managing them effectively.
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  2. Identify Triggers: Reflect on what specifically triggers your anger or anxiety.
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    This could be related to feelings of inadequacy, frustration over job searching, or concerns about financial stability.
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    Understanding these triggers can help you prepare for and manage your reactions better.
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Coping Strategies

  1. Practice Mindfulness and Breathing Techniques: Engaging in mindfulness practices such as meditation or deep breathing can significantly reduce feelings of anxiety and anger.
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    Techniques like box breathing—inhale for four counts, hold for four, exhale for four, and hold again for four—can help calm your mind.
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  2. Develop Healthy Outlets: Physical activity, journaling, or creative hobbies can serve as excellent outlets for pent-up emotions.
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    Even 20 minutes of exercise releases endorphins, which can improve your mood and reduce stress levels.
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  3. Talk It Out: Sharing your feelings with a trusted friend or family member can provide relief and perspective.
    It's not a sign of weakness to share your feelings.
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  4. Surround Yourself with Positivity: Engage with supportive people who uplift you and encourage a positive outlook on life.
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    This network can help reinforce your self-esteem and provide encouragement during challenging times.
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  5. Seek Professional Help if Needed: If feelings of anger and anxiety become overwhelming, consider speaking with a mental health professional.
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    Again, it's not a sign of weakness to ask for help.

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Many of my friends and colleagues are experiencing late-stage career loss.
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That's why I started Epic Encore, a community for thriving beyond career disruptions.
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>>> Join Epic Encore Today​
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Discover a community of men who are redefining retirement and thriving beyond traditional boundaries.

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Ted

Ted Prodromou

Epic Encore: Your Amazing Life After the Corporate World

Join 60,000+ seasoned professionals who are done with the corporate world. Epic Encore is an almost daily newsletter with inspirational stories from leading experts. Your Epic Encore is about turning your lifetime experiences into the cornerstone of the rest of your life. It represents your audacious leap into entrepreneurship, fueled by the wisdom and tenacity you've garnered in your successful career. This isn't about playing catch-up in business and building a 7-figure business. It's about forging a unique path, using your distinct perspective, seasoned judgment, and invaluable insights that can only come from years of life experience.

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