Layoff After AI: What to Do Next
- Okay, here's a breakdown of the key takeaways from the CNBC article, focusing on advice for professionals impacted by AI-related layoffs:
- * Layoffs are high: The US is experiencing a significant surge in layoffs, the highest in October since 2003.
- * Klarna: https://www.cnbc.com/quotes/KLAR * October Layoff Report: https://www.cnbc.com/2025/11/06/job-cuts-in-october-hit-highest-level-for-the-month-in-22-years-challenger-says.html * AI as an excuse: https://www.cnbc.com/2025/10/19/firms-are-blaming-ai-for-job-cuts-critics-say-its-a-good-excuse.html * LinkedIn Skills on the Rise: https://lnkd.in/SkillsontheRise25US?_l=en_US
Okay, here’s a breakdown of the key takeaways from the CNBC article, focusing on advice for professionals impacted by AI-related layoffs:
main Points:
* Layoffs are high: The US is experiencing a significant surge in layoffs, the highest in October since 2003. 2024 is shaping up to be the worst year for announced layoffs since 2009.
* AI as a Scapegoat: Some companies are using AI as an excuse for layoffs, masking other issues like economic downturns or past hiring mistakes.It’s crucial to determine the real reason for the layoff.
* Two Scenarios, Different Approaches:
* If Layoff is Not Due to AI: Simply finding a similar role at another company is the best course of action. Demand remains high for many roles (like software developers).
* If Layoff Is Due to AI: Upskilling is essential. Your role is becoming obsolete, and you need to adapt.
* “Bundle of Skills” & Adjacent Skillsets: Professionals possess a range of skills beyond their core technical abilities (management, communication, etc.).Focus on developing skills adjacent to your existing skillset. This is more efficient than a complete career overhaul. (e.g., a software developer learning statistical skills).
* AI Literacy is Crucial: Understanding and being able to work with AI is becoming a highly valued skill. Professionals and recruiters are prioritizing candidates with AI knowledge.
Key Advice for Those Laid Off (Especially due to AI):
- Investigate the Reason: Don’t automatically assume AI is the sole cause of your layoff. Understand the company’s true motivations.
- Upskill strategically: If AI is a factor, focus on acquiring skills that complement your existing expertise.
- Embrace AI Literacy: Learn about AI tools and how they apply to your field.
- Recognize Your Full Skillset: Identify the broader range of skills you already possess and how they can be applied to new roles.
- Map Your Skills: Visualize your skillset to identify accessible career paths that don’t require massive retraining.
Links Mentioned in the Article:
* Klarna: https://www.cnbc.com/quotes/KLAR
* October Layoff Report: https://www.cnbc.com/2025/11/06/job-cuts-in-october-hit-highest-level-for-the-month-in-22-years-challenger-says.html
* AI as an excuse: https://www.cnbc.com/2025/10/19/firms-are-blaming-ai-for-job-cuts-critics-say-its-a-good-excuse.html
* LinkedIn Skills on the Rise: https://lnkd.in/SkillsontheRise25US?_l=en_US
Let me know if you’d like me to elaborate on any of these points or analyze the article further!