This study examined the impact of participation in outplacement services on 3 reemployment outcomes: speed of reemployment, new job satisfaction, compensation replacement and global life satisfaction among a group of recently downsized white-collar workers. Environmental and self awareness were examined as possible mediating processes by which outplacement influences these outcomes. Finally, the individual difference variable, proactive personality, was examined as a possible moderator of the relationships between both self and environmental awareness with each of the 3 reemployment outcomes. While results provide no support for these hypotheses, the relationship between environmental awareness and job satisfaction was significant ( =.214, p<.05) and self awareness was related to both job satisfaction ( =.185, p<.05) and life satisfaction ( =.330, p<.01).