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Have said this downturn (or whatever you want to call it) will essentially be a 'white collar recession'.
To date, layoffs have been almost entirely in WC workforce which is UNIQUE in 🇺🇸 History.
All previous slowdowns/recessions have started in BC workforce & bled into WC.
Amanda Goodall@thejobchick
Are you too expensive? Are you too human? 👇 I used to say: Don’t worry about ageism. (so many posts and videos on this) I helped 55+ land great jobs all the time. I don’t say that anymore. The last 18 months have been brutal. People with 15–25 years at one company? CUT. I'll call it for what it is: • They make too much • They’re not AI-native • They lead people... now replaced by dashboards That’s the new layoff filter. The stats are just as brutal: - Avg job hunt at 55+? 26 weeks - Avg pay cut? 11% - Many never recover... forced into part-time “retirement” HR’s seriously broken. Recruiting? Mostly useless. I’ve seen the best people erased like they never mattered. If you’re not scared yet, you’re not paying attention.
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