Shocked by the extent of the loss, leaders are trying to figure out how to rebuild the party and regain the public's trust. There is turmoil everywhere.
The country's biggest union and top funder has signaled it will have its say in the leadership contest and a front-runner for the job quit just days after launching his bid. Its leader in Scotland won a confidence motion but resigned anyway.
"Today the Labour Party stands at a crucial juncture - either we realize how bad our defeat was, learn from that and advance," Mark Ferguson, editor of the LabourList blog, wrote in a commentary.
Labour, as the name implies, is supposed to be the party of the working man, and woman a left-leaning organization with the unions at its core.
The unions actually created the party over a century ago to promote its causes in Parliament.
Former Prime Minister Tony Blair made great efforts to unshackle the links when he became leader in 1994. His decision to move the party to the center so-called "New Labour was a recognition that the country had changed fundamentally.
Attracting the middle classes was the mantra of Blair's years at the helm. His party's comfort with wealth creation and its insistence that income taxes would not be raised worked Labour won three consecutive election victories under Blair, something it had never done before.
The changes Blair instituted sat uneasily with many in the old ranks of Labour, who thought the party had moved too far away from its core principles. Ed Miliband, who led the party to its defeat on May 7, tried to bridge the gap and introduced a series of modest but headline-making tax-raising plans.
Labour's current plight is best-exemplified by its collapse in one of its supposed heartlands, Scotland, where it lost all but one of its 40-odd seats.
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