When you lose your job, there is a rainbow of emotions to be felt. Some people feel relieved – perhaps they hate their job and were looking to leave regardless. I was one of those.  Having gone through this when a major downsize meant I lost a job that I had grown to hate anyway.  Others panic, and this is the most common reaction. You need your job to keep living and earning money, and when that’s taken away from you, you immediately see all the things in your life that you can no longer afford, and you have no idea how you’re going to bring more money to the table.