The outbreak of the Covid-19 pandemic hampered the economic status of one?s state hugely affecting private sectors companies particular those into providing services and transportation due to the unexpected lockdowns. The study used a qualitative-phenomenological approach in exploring the lived experiences of these retrenched employees in alignment with the study?s objective to provide descriptive presentation on how retrenchment affected their well-being and understanding with regards of how they cope with the situation. Participants were selected using purposive-sampling method identified by the researchers who meet the description of; (a) Age between 20-45; (b) Resident of Catbalogan; (c) working in the private sector particularly providing services like merchandising and transportation; (d) Involuntary retrenched in the midst of Pandemic. From the analysis of data, it was found out that retrenched employees experienced significant difficulties in addressing the implications of retrenchment in providing the needs and support of their families and people who constantly relies on them. Financial strain is the major reason of the distress that these retrenched employees are experiencing thinking how they can provide the needs that affected their families as well. In spite of the challenges, they endured and overcome the difficulties because of their unconditional love for their families and dependents.