Every few years, things change in business and, with those changes, come layoffs.
Once upon a time, there were two companies—Burroughs and Univac. Then there was one—Unisys. Thousands of jobs disappeared as they did each time a company changed its business focus.
I remember when Japanese automakers started to successfully sell cars in the US and automobile workers in Detroit were laid off in large numbers.
Another time, automation replaced jobs in manufacturing.
Outsourcing to Asia caused companies to layoff knowledge workers.
NAFTA sent jobs to Mexico.
On and on.
Then, there was the sub-prime collapse causing jobs to be eliminated, not just in the financial services community, but across the economy. Then, on top of that, gas prices rose to record prices in 4-6 weeks.
Now, we have a pandemic causing millions to be unemployed and businesses closing.
Businesses and consumers have cut back on spending. The news every night scares people into believing the world is going to end.
It has happened before.
It is happening now.
It will happen again
AND it will probably affect you now or in the future by putting your job in jeopardy.
I have no idea what the trigger will be for layoffs in the future; I just know that layoffs will happen again.
Ⓒ The Big Game Hunter, Inc., Asheville, NC 2006, 2010, 2016, 2020
ABOUT JEFF ALTMAN, THE BIG GAME HUNTER
Jeff Altman, The Big Game Hunter is a coach who worked as a recruiter for what seems like one hundred years. His work involves career coaching, all as well as executive job search coaching, job coaching, and interview coaching. He is the host of “No BS Job Search Advice Radio,” the #1 podcast in iTunes for job search with more than 2000 episodes, and is a member of The Forbes Coaches Council.
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