Layoffs Rise Seasonally Early in Year; Networking and Flexibility Urged for Impacted Workers
• Layoffs tend to increase in December and January as companies restructure for the new year, with tech, media, retail, healthcare, and manufacturing seeing cuts.
• Over 13 million layoffs occurred in the first 9 months of 2022, up from 2021 but still below pre-pandemic levels.
• Networking can help laid-off workers stand out when applying for new roles instead of getting lost in the resume pile.
• Employees should keep resumes updated and browse openings even if comfortable currently, to understand their market value.
• Laid-off workers should approach their job search with an open mind about transferable skills and opportunities in other industries.