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If put on a performance improvement plan, it's wise to start formulating an exit strategy. Not all companies use these plans solely for documentation before termination, but many do, so be proactive. Pay attention to the milestones set for you—if they seem unreasonable, continue doing your job while searching for new opportunities. If laid off, you may be eligible for unemployment benefits. Some employers genuinely want to help you improve, but it’s important to assess your situation. Regardless, update your LinkedIn and resume promptly to prepare for potential job searches.