Nearly 25% of older Gen X and young boomer workers laid off in the past decade haven't found new jobs, with 11% taking pay cuts.
The Trump administration has executed mass firings of federal workers based on arbitrary quotas and ideological mandates aimed at shrinking government, with little regard for efficiency or public need.
"Twenty, 30 years ago, we were really the leader. Now I think the world has changed. We are not in the top 10 semiconductor companies," Tan told employees during a recent internal meeting.
After nearly a year looking for work, I started thinking about opening my own business, something I'd always wanted to do. I thought about what I could do, landing on the idea that I was very handy around the house, doing little jobs.
"The best people have other opportunities elsewhere and who wants to be on an unstable ship, right? So that's exactly the right question," says Deborah Lovich, a Future of Work fellow at BCG Henderson Institute, Boston Consulting Group's think tank.
I had also been running three side businesses outside of work for several years, namely an online fitness coaching company. This allowed me to pursue my fitness passion while having bidirectional income streams.