"As the economy wobbles through 2025, one worry creeps into the minds of workers everywhere: Am I going to lose my job? While the White House urges Americans to keep calm and continue spending, one New York-based recruiter says workers should be worried. Joel Lalgee (@the_realest_recruiter) predicts that layoffs are looming. No job is safe during downsizing, but Lalgee suggests that one category may be particularly at risk: remote workers."
"Economic indicators are growing increasingly dire. This week, news broke that job growth is flat and the unemployment rate is its highest since 2021. Meanwhile, the national debt has climbed to $37 trillion, or 124% of the nation's gross domestic product. This led the founder of the world's largest hedge fund to warn of a "debt-induced heart attack in the relatively near future," specifically the next three years."
"If you work in corporate America, Lalgee says it's time to get your resume ready. While they may not be publicly discussing it, executives may be quietly preparing for an economic downturn. As a recruiter, Lalgee spends a lot of time talking to CEOs and other executives. He says that of late they're all saying the same thing. "Every CEO that I talk to, every executive that I talk to, is telling me that companies are looking to downsize their people," he says."
As the economy wobbles through 2025, workers worry about job loss. Job growth is flat and unemployment is at its highest since 2021. National debt stands at $37 trillion, 124% of GDP, prompting warnings of a near-term "debt-induced heart attack." Executives are quietly preparing for a downturn and planning to downsize. Companies aim to replace manual tasks with AI and automation. Recruiters report CEOs and executives are increasingly saying companies will reduce headcount. Remote corporate workers may be particularly vulnerable during these cuts, and workers are advised to update resumes and prepare for potential layoffs.
Read at BroBible
Unable to calculate read time
Collection
[
|
...
]