5 steps to surviving layoffs

Terminating workers can be as traumatic for small business owners as it is for their staff. Here's our guide to getting through.

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Don't panic
Don't panic
While these reactions are understandable in a layoff scenario, it's crucial to remain optimistic and focused on the future. Look for the opportunities that all crises create (for instance, getting out of a rut, rethinking established methods and strategies, streamlining operations). Powerful emotions are natural; let them propel you, not shut you down.
NEXT: Be flexible
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LAST UPDATE: Jul 21 2009 | 11:20 AM ET
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