No finance professional wants to experience the sudden loss of a position, but the reality of the modern business landscape is that sometimes layoffs happen. Being laid off can be a traumatic blow, but quick action can help mitigate the fallout. Your success at lessening the impact of a layoff depends on being assertive and resourceful. The first steps you take after being laid off are some of the most crucial, but for many, the shock of dismissal can lead to emotional rather than logical decisions.