Just read this Crunchbase piece about the "second wave of layoffs" and... wow. Job searches are now averaging 6-7 months. Over a third of Americans have side gigs. Here's what gets me: We're watching the entire concept of "having a job" get turned inside out, yet we still expect people to figure out health insurance like it's 1995. Picture this: You get laid off. Your job search drags on for half a year. You pick up some contract work to pay bills. Cool, you're adapting, you're hustling... but wait, how do you keep your kid's asthma medication covered? The article talks about how "workers are blending traditional jobs with side gigs." Sure. But our benefits system? Still assumes you work somewhere for 30 years and retire with a gold watch. I keep thinking about all the talented people I know who are stuck in this impossible position - turn down contract work and keep searching for "real" jobs with benefits, or take the work and pray nobody gets sick. That's insane. That's not a choice anyone should face in 2025. The good news? This chaos is forcing innovation. Companies are learning to build lean, mean machines. Maybe it's time we build support systems that actually match how people work today. #ReadyForWhen #Layoffs #Benefits #HealthInsurance #Crunchbase Read more: https://hubs.ly/Q03PHbcW0
"Second wave of layoffs: How to navigate health insurance chaos"
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Reality check from Crunchbase: Job searches now take 6-7 months on average. Over a third of Americans are working side gigs just to stay afloat. Behind every one of these stats is someone trying to keep their family covered while figuring out what's next. Andy nails it in his post - we're asking people to navigate the longest job searches in years while also becoming overnight experts in health insurance. Make it make sense. The old playbook assumed you'd hop straight from one full-time gig to another. Maybe take a week off in between, treat yourself to a long lunch. That's fantasy now. People are freelancing, contracting, driving Uber at night - whatever it takes. And the whole time they're terrified of what happens if their kid breaks an arm or they need their prescription refilled. This is exactly why we built When. Because a 6-month job search shouldn't mean 6 months of choosing between groceries and health coverage. The future of work isn't coming. It's here. And it's messy. Time for our support systems to catch up.
Just read this Crunchbase piece about the "second wave of layoffs" and... wow. Job searches are now averaging 6-7 months. Over a third of Americans have side gigs. Here's what gets me: We're watching the entire concept of "having a job" get turned inside out, yet we still expect people to figure out health insurance like it's 1995. Picture this: You get laid off. Your job search drags on for half a year. You pick up some contract work to pay bills. Cool, you're adapting, you're hustling... but wait, how do you keep your kid's asthma medication covered? The article talks about how "workers are blending traditional jobs with side gigs." Sure. But our benefits system? Still assumes you work somewhere for 30 years and retire with a gold watch. I keep thinking about all the talented people I know who are stuck in this impossible position - turn down contract work and keep searching for "real" jobs with benefits, or take the work and pray nobody gets sick. That's insane. That's not a choice anyone should face in 2025. The good news? This chaos is forcing innovation. Companies are learning to build lean, mean machines. Maybe it's time we build support systems that actually match how people work today. #ReadyForWhen #Layoffs #Benefits #HealthInsurance #Crunchbase Read more: https://hubs.ly/Q03PHbcW0
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The tech sector faced a brutal month, with widespread job cuts shaking confidence across startups and giants alike. While innovation continues, companies are being forced to reassess hiring, budgets, and long-term strategy. #TechIndustry #Layoffs2025 #WorkforceTrends #TechCareers #HiringFreeze #FutureOfWork
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The tech sector faced a brutal month, with widespread job cuts shaking confidence across startups and giants alike. While innovation continues, companies are being forced to reassess hiring, budgets, and long-term strategy. #TechIndustry #Layoffs2025 #WorkforceTrends #TechCareers #HiringFreeze #FutureOfWork
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The second wave of tech layoffs is rewriting the startup labor market, changing expectations and shifting supply and demand in the job market. It’s a good news, bad news scenario with the ultimate advantage going to employers and workers who adapt to the current market. #vc #startups https://lnkd.in/gTzMGbKZ
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Today’s Bloomberg headline: “US Companies Announce Most October Job Cuts in Over 20 Years” Since 2022 rate hikes and commercialization of AI, millions of workers have been laid off. Unfortunately, layoffs are no longer the last resort during hard times but rather part of the strategic plan for many corporations these days. More and more leaders see talent as numbers on the spreadsheets and not human beings who provide valuable work. Even worse, layoffs are becoming more prevelant as a scare tactic. While I am personally grateful and lucky to be working for an organization that values/respects talent and even luckier to have an amazing manager, Denis Nagasaki, I see more and more corporate leaders destroy their culture and focus on short-term gains (so goes the culture, so goes the future success of the company). This is one of the reason (in my opinion) that the number of startups have increased substantially in the same time frame. So many of the talented employees who were laid off decided to start their own company to take control over their careers/destiny. What’s unfortunate is that so many of the founders who build/scale successful companies, end up making the same mistake and focus on short-term results by laying off the employees who contributed to the success of the company. To all of the wonderful/talented founders who have started or are thinking of starting their own company because they did not feel valued by their employers, please remember this: BE THE LEADER YOU WISH YOU HAD. #startups #economy #jobcuts #layoffs #leadership
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Let's be honest, AI is reshaping the way companies run but indeed at the cost of workers especially in tech. 2024 saw more than 150,000 job cuts across 549 companies in the US, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. Numbers talk.
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Forever Layoffs This means that this will continue to be an institutionalized effort to keep company’s overhead at low levels to increase profits. Layoffs have always been a part of business since the inception of corporations and businesses. As everyone has seen between 2022 and 2025, there has been a massive reconfiguration and adjustment of the private and public sector workforces especially in tech fields including information technology and biotech. And that adjustment will continue on. Yet, some companies have stated they might step back from the high volume mass layoffs and pursue smaller streams of layoffs with no required warnings. This will further cause workers to become more anxious and worry if they will have a job. https://lnkd.in/g_fJVcVK
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𝗠𝗮𝘀𝘀 𝗟𝗮𝘆𝗼𝗳𝗳𝘀 𝗧𝗮𝗿𝗴𝗲𝘁𝗶𝗻𝗴 𝗢𝗹𝗱𝗲𝗿 𝗪𝗼𝗿𝗸𝗲𝗿𝘀 - 𝗧𝗵𝗲 𝗖𝗼𝗹𝗹𝗮𝗽𝘀𝗲 𝗼𝗳 𝗥𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝗠𝗶𝗹𝗹𝗶𝗼𝗻𝘀 https://lnkd.in/e5xRW2wQ Beware: No one remains 50 years old forever. Warning: The beast is coming for everyone eventually. The mass layoffs targeting older workers didn't happen in isolation. Corrupt politicians enabled it, and greedy corporations paid them off. America’s hidden job crisis is exploding — and it’s hitting the most experienced workers the hardest. In 2025, mass layoffs of older workers are accelerating across every sector — from tech and finance to manufacturing and healthcare. These are not isolated cuts; they are a silent purge. Millions of Americans over 50 are being forced out of the workforce while corporations chase automation, AI, and younger, cheaper labor.
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Layoffs in 2024-2025 are higher than they were in 2021-2022 (and the U6 measure of underemployment is certainly higher)......... But the good news, for now, is that the recent large rates of layoffs by tech companies aren't high enough to cause mass unemployment. Monthly layoffs in 2021-2022 averaged 1.4 million, while monthly layoffs in 2024-2025 have averaged 1.7 million.
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How can a company have layoffs…and still be hiring? Or even posting new roles a few months later? One of the more interesting aspects of the massive hiring boom from 2008 - 2022…was the proliferation of this idea of “family”. “We’re all in this together…” etc etc etc. Employers did this purposely. Why? To keep resignations low. To make workers feel the love and never want to leave. Fast forward to 2022…interest rates started to go up…employers realized they were bloated on the payroll side of the house…panic set in…and even more panic when AI was layered in. Do we have the right talent in place to be successful in 1, 5, 10, 15 years? Do we have the right talent….? “So, ummmm…you know that whole family thing….yeah…well…pack your sh*t and get out!!” The feeling of betrayal for many impacted workers was gut-wrenching. “But but but…I put so much effort into my job and the company…how could this happen to me?” Here’s the harsh truth for those that have yet to figure it out: a job is a job. Your time and skills for their money. That’s it. Only you can control your career trajectory. This is a massive system reset for many…don’t ever forget the lessons learned…
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The struggle is real. Thanks for sharing.