Washington man spent 31 years at Microsoft only to be fired on a call with 120 others. Here's how he's rebuilding at 60

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How to navigate a layoff

Layoffs can be both financially and emotionally jarring. But as Kostersitz’s story shows, there are ways to stay grounded, adapt, prepare for what’s next and land somewhere new and exciting. If you've been laid off or fear you will be, here are a few steps to help find a new role and navigate the emotional impact.

Take time to process the layoff

It’s normal to feel shocked or even betrayed, especially after spending decades at one company. Kostersitz said he took the rest of the week off before beginning his job search. Taking a few days to reset can help you think more clearly about next steps and what you really want in life.

Ask about resources

Some employers, like Microsoft, include career services or financial counseling as part of severance. Kostersitz told Business Insider the tech giant provided a career advisor as part of its layoff package, adding that he also hired a private coach to help with resumes, cover letters, and LinkedIn optimization. If you're laid off, ask about internal resources you may have access to, such as online training or interview prep.

Stay up to date on your industry

Kostersitz admitted that reentering the job market after 31 years was like being a fish out of water. Use this period to brush up on emerging tools, especially AI-related technologies, even if your role isn’t technical. Free online courses and certifications can help bridge gaps and make your resume more appealing to recruiters and hiring managers.

Prepare for interviews

Research interview questions in your industry and prepare answers for common questions. Expect behavioral questions. Come up with three to five concise stories that highlight problem-solving, leadership and adaptability, backed by measurable outcomes. The goal isn't to appear scripted, but to demonstrate that you're prepared and capable.

Lean on your network

Referrals can make a world of difference in a competitive hiring field. Kostersitz, for example, landed an interview with Nvidia thanks to a referral from a current employee. Reach out to old colleagues, alumni groups, and industry peers. Even if they can’t hire you, they can often connect you with opportunities or advocate for you internally.

As layoffs continue to rise in the tech sector, now is a good time to get your finances in order. Even if you don't feel like you're at risk of a layoff, consider beefing up your emergency fund and refreshing your resume. Preparation — both financially and professionally — can make navigating a layoff easier.