DiscoverBiggerPockets Money Podcast380: Surviving a Layoff: What HR Wants You to Know?
380: Surviving a Layoff: What HR Wants You to Know?

380: Surviving a Layoff: What HR Wants You to Know?

Update: 2023-01-30


The 2023 tech layoffs have already begun to make the 2022 tech layoffs look like small-scale firings. What started as a few large companies firing unneeded hires quickly ramped up to an industry-wide cost-cutting exercise as hundreds of thousands of employees were forced to walk away from their stable salaries, free lunches, and healthcare. With tech companies being some of the most generous in terms of compensation, it makes sense that these would be the first businesses to force mass layoffs. But what about those of us who aren’t in tech? Or those that are in tech but still have a job?

Tara Pramme joins us as a human resource expert, explaining exactly why layoffs are happening now, who will be most affected, what to do if you’re let go, and getting back into the job market. Tara knows how hard layoffs can be, especially for those with families to feed or work visas that only last as long as they’re employed. She knows precisely which document means what, what you should know before signing layoff contracts, what you can expect as severance, and how to keep yourself mentally stable during this challenging period.

With large-scale layoffs looking to last for at least the near future, Tara wants to ensure you’re ready for whatever happens next. You’ll also hear about the common warning signs that a layoff is about to happen, why you should NEVER post negatively online after a firing, and what to do on your last day at work.

We hope a layoff never happens to you, but if it does, this episode will leave you prepared to bounce back stronger than ever!

In This Episode We Cover

The 2023 tech layoffs explained and why so many companies are letting employees go

Common warning signs that a layoff is heading your way 

Who is first to be fired when a layoff is announced, and how to tell if your company is planning one

Severance packages, non-disparagement agreements, and how to avoid your final paycheck getting taken away

Healthcare, COBRA, and how to make sure you’re insured when you lose your job

Getting back into the job market and why it’s never too early to update your resume

The “why” behind layoffs and how companies choose to cut staff

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

BiggerPockets Forums

Finance Review Guest Onboarding

Scott's Instagram

Mindy's Twitter

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Apply to Be a Guest on The Money Show

Podcast Talent Search!

Subscribe to The “On The Market” YouTube Channel

Listen to The “On The Market” Podcast: SpotifyApple PodcastsBiggerPockets

Check Out Mindy’s 2022 Live Spending Tracker and Budget

Silicon Valley Investors Club

Click here to check the full show notes:

Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!

Learn more about your ad choices. Visit

In Channel
Download from Google Play
Download from App Store








Sleep Timer


End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

380: Surviving a Layoff: What HR Wants You to Know?

380: Surviving a Layoff: What HR Wants You to Know?