In recent news, Microsoft (10,000) and Amazon (18,000) laid off thousands of employees.
There was a time going back to the1950's 1960's you landed a job at a well-established company; you were set until you were ready to retire. But in today's economic-driven environment, it is more prevalent that the bigger the company, the more chance you have of being laid off. And the much smaller business is the one to retire from. Having a job has always been a necessary part of making a living to pay the bills, but if you're in the job market looking for the perfect job. I'll have to say they do not exist. There will always be a boardroom of decision makers to decide about layoffs or the large, more profitable companies with specialized teams to seek and find another company to buy out. The big fish eats the smaller fish reality, it's a brutal business.
My generation has experienced excellent companies that care for 20-year employees; I believe future generations will only experience working for a place for about 5 years.
Job security has been redefined as working at most 10 years in one place. Sad as it may seem, it's the truth.
Photo - pixabay - geralt