A new Careerminds survey of 500 HR leaders and 500 employees finds that nearly 70% of workers have shared or would consider sharing negative layoff experiences on platforms like LinkedIn, Glassdoor, or Reddit, creating what the report calls a "reputational aftershock" that can shape how candidates, employees and customers view a company long after the cuts.
39% of employees said layoffs negatively affected their perception of their employer, 40% of HR leaders reported increased voluntary turnover following layoffs, and more than 1 in 5 employees said they were unlikely to stay after layoffs occur.
57% of HR leaders said their organization is likely to conduct layoffs in the next 12 months.
Only 45% of organizations included outplacement or career transition services in their offboarding process. Employees said they most wanted more transparent communication (63%), earlier notice (58%), and better career transition support (53%).
Read more via Careerminds
A combination of perk cuts, AI anxiety, and relentless efficiency drives is draining the joy out of office life at American companies, according to a new Wall Street Journal report.
CFOs at large U.S. companies mentioned "efficiency" on 307 conference calls in the latest quarter, up from 219 a year earlier and the highest level since at least 2020, according to AlphaSense. Nonessential expenses fell more than 25% year over year at one company surveyed.
The average manager now oversees roughly 12 direct reports, a nearly 50% jump from 2013, according to Gallup, as AI has raised productivity expectations while teams have grown.
AI anxiety is compounding the general malaise. "Everyone I talked to is consumed by AI, either how to use it, how to pretend to use it, how much they hate using it, how it's going to eliminate their position," said one longtime software marketer.
Executives say there's a fine line between cutting costs and cutting morale. "You can cut too far or make people feel less valued in the workplace and they'll just go work for the competition," said one CFO.
Read more via Gallup, The Wall Street Journal
As AI anxiety and white-collar hiring slowdowns rattle workers in tech, finance and consulting, healthcare and nursing are standing out as a stable, well-paying alternative. Healthcare was the largest source of U.S. job creation last year, and the Labor Department projects employment of advanced-degree nurses will grow 35% from 2024 to 2034, far outpacing the 3% projected growth across all occupations.
The median annual wage for registered nurses is $93,600, more than double the $49,500 median for all occupations. Nurse practitioners with advanced degrees earn a median of $132,050, and some specialties like nurse anesthesia can exceed $200,000.
A University of Chicago analysis found that from 1980 through 2022, healthcare worker earnings rose significantly faster than for non-healthcare workers, with gains distributed broadly across income levels rather than concentrated at the top.
Young workers are taking notice. Several career changers interviewed by the Wall Street Journal cited nursing's job security and upward mobility as a direct contrast to the layoffs and uncertainty their friends in tech and corporate roles are experiencing.
The downsides are real: burnout, night shifts, physical demands, and exposure to illness. Among nurses planning to leave the profession within five years, 41% cite stress and burnout as a primary reason, according to a survey of 800,000 nurses.
"Nursing is really recession proof," said the dean of Loyola University's nursing school. She also called it "AI proof," saying technology "will never replace the human element."
Read more via The Wall Street Journal
A new iHire survey of 2,250 U.S. workers finds that 61% find freelance or project-based work appealing, and 41% already have freelance experience. The appeal is driven more by lifestyle than money, though financial pressure is clearly a factor.
The top reasons workers are drawn to freelancing are flexible hours (73%), remote work options (71%), and work-life balance (61%).
63% said rising costs of living have influenced them to freelance, and 51% said freelance income is either extremely or very important to their overall financial stability.
Nearly half of active freelancers (46%) are also employed full-time, suggesting freelancing functions more as a supplement than a replacement for traditional employment.
The biggest friction points between freelancers and clients are unclear expectations (36%) and poor communication (36%), and more than a third of workers who aren't interested in freelancing cite fear of scams and not getting paid as the reason.
Read more via iHire