Stress and Redundancy

The Effects of Redundancy 

There are lots of vague expressions for firing people - downsizing, outsourcing, organisation change, company review, restructuring and redundancy. Irrespective of which labels organisation use, people's emotional reactions tend to be the same. Apart from financial implication, job loss can mean a significant loss of identity and an individual's self-esteem may be effected too. Additionally, an individual may feel isolated from the society or social network. Of course, there are always individuals for whom a redundancy may be welcome. For instance, if an individual receives a decent redundancy package or was unhappy in their workplace. For such individuals a redundancy offer an opportunity with financial security to do other things. However, most people do not fall into this category. 

​Yes, losing a job may be an increasingly common career 'event', something some of us will experience at some stage. But the familiarity doesn't lessen the psychological pain that often accompanies the redundancy. Finding a job in a recession is tough enough, but struggling with the self-critic voices, doubts and fears in your head can be an even tougher effort. The sudden loss of routine, such getting ready for work, or contact with professionals or colleagues and simply not having a workplace to go to can leave people feeling isolated, depressed and lost. 

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