Late last year, a close friend was let go rather unceremoniously after more than three decades of highly acclaimed work at his company — no recognition, no gifts, no handshake to honor his years of dedicated service. He was devastated.
I’ve heard several similar stories recently, which has me wondering: Is this now the norm?
If so, how can employees who are reeling from this kind of dismissal come to terms with the situation in a way that won’t impact their future career moves?
Josh Saterman, CEO and co-founder of workplace consulting firm Saterman Connect, says this experience — while unfortunate — isn’t unique.
“There are many people who have experienced being a loyal employee only to be let go years or even decades into their journey with an organization,” Saterman says. “Not every organization values its employees with the same lens.”

AP Photo/Mark Lennihan
People commute through the World Trade Center on July 9, 2021, in New York.
There is no question it can be an emotionally draining experience.
“While any layoff can be traumatic, one following a long, dedicated term of service with a company can be particularly difficult,” says Christa Juenger, vice president of strategy and coaching services at the career coaching firm INTOO USA. “One thing any person who’s been laid off should remember is that the dismissal isn’t personal but can, and often does, impact your confidence and be a hit to your ego.”
So, what’s a dedicated employee suddenly adrift in the career search sea to do? Here are five tips for bouncing back.
Take time to heal
“It’s vital to allow yourself time to process the termination and work through the emotions that you are feeling,” Juenger says. “Finding a trusted sounding board — or several — can help you work through these feelings so that they don’t have a negative impact in your job search.”
Consider new opportunities
Ask yourself if there are new responsibilities you’ve wanted but didn’t have access to at your former company. Juenger asks: “Are there other industries you’ve wanted to work in? Is there a way you’d like to apply your skills that you haven’t had the opportunity for until now?”
Explore the world outside your company
That means reaching out “to explore positions at other companies or even just to find out what work is like there,” Juenger says. “Even if you’re not always feeling optimistic, by connecting with your network and making it known that you’re open to opportunities and would welcome conversations about how you can apply your experience, you’re likely to have communications that will open your eyes to new possibilities. This can be motivating and encouraging and will help you to move forward.”
Don’t be unprepared again
Once you’ve landed on solid career ground, Saterman says it is important to protect yourself by asking for feedback, so you always know where you stand. “Ask the organization regularly how you are performing. Keep accurate records of your successes and allow yourself to build a growth plan at all stages of your career,” he says. “Regardless of your age, we all have opportunities for growth.”
Build a new network
Call upon trusted colleagues, peers, mentors and sponsors both inside and outside of your new company. This will help you continue to practice a growth mindset, Saterman explains. “This network can provide a much-needed support system should you find yourself looking for a job later in your career. It’s never too late to start building and expanding your network.”
Kathleen Furore is a Chicago-based writer and editor who has covered personal finance and other business-related topics for a variety of trade and consumer publications.
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CEO fires 900 employees over Zoom
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Photo Credit: Aunging / Shutterstock
The COVID-19 pandemic has dramatically reshaped the U.S. labor market in many ways. Many low-wage jobs in fields like retail and hospitality were lost early in the pandemic and have not come back, while throughout the pandemic, there has been strong demand for health workers in response to the pandemic and technology specialists who can support an increasingly virtual economy. The unemployment rate remains elevated, but many industries are facing labor shortages and millions of workers have been leaving their jobs voluntarily in a phenomenon that has come to be known as “The Great Resignation.”
In some cases, the pandemic has been an accelerant of labor trends that were already underway, like increasing automation and digitalization of jobs. In others, post-pandemic shifts in the labor force will have less to do with the effects of the pandemic than with underlying demographic and economic trends. This complicated set of factors is evident in recent projections from the Bureau of Labor Statistics, which estimated that total U.S. employment will grow 7.7% between now and 2030—but only by 1.7% when excluding the economy’s recovery from pandemic-related job loss.
One of the demographic trends driving shifts in the workforce is the aging of the population. The Baby Boomers, those Americans born between 1946 and 1964, number more than 75 million and were the largest generation in U.S. history until the Millennials came along. The Boomers have until recently tended to represent the largest sections of the labor force and are working later into life than previous generations. As a result, those aged 55+ are expected to represent around a quarter of the workforce for at least the next decade.
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Photo Credit: Aunging / Shutterstock
The COVID-19 pandemic has dramatically reshaped the U.S. labor market in many ways. Many low-wage jobs in fields like retail and hospitality were lost early in the pandemic and have not come back, while throughout the pandemic, there has been strong demand for health workers in response to the pandemic and technology specialists who can support an increasingly virtual economy. The unemployment rate remains elevated, but many industries are facing labor shortages and millions of workers have been leaving their jobs voluntarily in a phenomenon that has come to be known as “The Great Resignation.”
In some cases, the pandemic has been an accelerant of labor trends that were already underway, like increasing automation and digitalization of jobs. In others, post-pandemic shifts in the labor force will have less to do with the effects of the pandemic than with underlying demographic and economic trends. This complicated set of factors is evident in recent projections from the Bureau of Labor Statistics, which estimated that total U.S. employment will grow 7.7% between now and 2030—but only by 1.7% when excluding the economy’s recovery from pandemic-related job loss.
One of the demographic trends driving shifts in the workforce is the aging of the population. The Baby Boomers, those Americans born between 1946 and 1964, number more than 75 million and were the largest generation in U.S. history until the Millennials came along. The Boomers have until recently tended to represent the largest sections of the labor force and are working later into life than previous generations. As a result, those aged 55+ are expected to represent around a quarter of the workforce for at least the next decade.
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CEO fires 900 employees over Zoom
But the aging of the Baby Boomer generation will have more widespread effects on jobs and the economy as well. Eventually, as this generation ages out of the workforce into retirement, more companies will have vacancies and potentially find themselves struggling to fill positions that the Boomers once occupied. This scenario will put pressure on many employers but could also position younger workers for greater job opportunities. A larger population of elderly Americans will also bring greater strains on healthcare, so more of the economy will need to be oriented around supporting older Americans in their later years of life.
The latter trend is one of the primary reasons why health and human service occupations are projected to be among the fastest-growing fields in the years ahead. Healthcare support jobs are the top field for growth, with a total projected growth rate of 23.1% between 2020 and 2030. The related fields of community and social service and healthcare practitioners are also near the top of the list, with growth rates of 12.4% and 10.8%, respectively.
But the aging of the Baby Boomer generation will have more widespread effects on jobs and the economy as well. Eventually, as this generation ages out of the workforce into retirement, more companies will have vacancies and potentially find themselves struggling to fill positions that the Boomers once occupied. This scenario will put pressure on many employers but could also position younger workers for greater job opportunities. A larger population of elderly Americans will also bring greater strains on healthcare, so more of the economy will need to be oriented around supporting older Americans in their later years of life.
The latter trend is one of the primary reasons why health and human service occupations are projected to be among the fastest-growing fields in the years ahead. Healthcare support jobs are the top field for growth, with a total projected growth rate of 23.1% between 2020 and 2030. The related fields of community and social service and healthcare practitioners are also near the top of the list, with growth rates of 12.4% and 10.8%, respectively.
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CEO fires 900 employees over Zoom
One of the other major growth fields is computer and mathematical positions, a category that includes professions like programming, data science, software development, and network and systems administration. As more of society and the economy become dependent on technology, these positions are poised for rapid growth. In addition to good job prospects, computer and mathematical positions also offer some of the best compensation of any occupational group, with a median wage of more than $91,000.
At the individual occupation level, health-related and technology-related professions are unsurprisingly among the fastest-growing. But two of the top three individual occupations for growth are in the lower-growth category of installation, maintenance, and repair occupations: wind turbine service technicians and solar photovoltaic installers. The field of renewable energy has seen significant growth in recent years and is likely to continue as the costs of renewables decline, consumer demand increases, and the transition to lower-carbon energy sources takes on greater urgency. For job-seekers interested in reliable jobs and growth opportunities in the years ahead, a career in wind or solar energy may be one of the best options out there.
The data used in this analysis is from the U.S. Bureau of Labor Statistics Employment Projections program. To identify the fastest growing occupations over the next decade, researchers at Smartest Dollar reported the projected percentage change in employment between 2020 and 2030, excluding occupations with greater-than-average drops in employment due to the COVID-19 pandemic.
Here are the occupations expected to grow the most over the next decade.
One of the other major growth fields is computer and mathematical positions, a category that includes professions like programming, data science, software development, and network and systems administration. As more of society and the economy become dependent on technology, these positions are poised for rapid growth. In addition to good job prospects, computer and mathematical positions also offer some of the best compensation of any occupational group, with a median wage of more than $91,000.
At the individual occupation level, health-related and technology-related professions are unsurprisingly among the fastest-growing. But two of the top three individual occupations for growth are in the lower-growth category of installation, maintenance, and repair occupations: wind turbine service technicians and solar photovoltaic installers. The field of renewable energy has seen significant growth in recent years and is likely to continue as the costs of renewables decline, consumer demand increases, and the transition to lower-carbon energy sources takes on greater urgency. For job-seekers interested in reliable jobs and growth opportunities in the years ahead, a career in wind or solar energy may be one of the best options out there.
The data used in this analysis is from the U.S. Bureau of Labor Statistics Employment Projections program. To identify the fastest growing occupations over the next decade, researchers at Smartest Dollar reported the projected percentage change in employment between 2020 and 2030, excluding occupations with greater-than-average drops in employment due to the COVID-19 pandemic.
Here are the occupations expected to grow the most over the next decade.
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CEO fires 900 employees over Zoom
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Photo Credit: mojo cp / Shutterstock
- Projected employment change (percent): 27.4%
- Projected employment change (total): 7,400
- Employment (2020): 27,100
- Employment (2030): 34,500
- Median annual wage (2020): $57,740
- Typical education needed for entry: Postsecondary nondegree award
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Photo Credit: mojo cp / Shutterstock
- Projected employment change (percent): 27.4%
- Projected employment change (total): 7,400
- Employment (2020): 27,100
- Employment (2030): 34,500
- Median annual wage (2020): $57,740
- Typical education needed for entry: Postsecondary nondegree award
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CEO fires 900 employees over Zoom
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Photo Credit: mezzotint / Shutterstock
- Projected employment change (percent): 28.5%
- Projected employment change (total): 17,200
- Employment (2020): 60,200
- Employment (2030): 77,400
- Median annual wage (2020): $31,520
- Typical education needed for entry: High school diploma or equivalent
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Photo Credit: mezzotint / Shutterstock
- Projected employment change (percent): 28.5%
- Projected employment change (total): 17,200
- Employment (2020): 60,200
- Employment (2030): 77,400
- Median annual wage (2020): $31,520
- Typical education needed for entry: High school diploma or equivalent
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CEO fires 900 employees over Zoom
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Photo Credit: fizkes / Shutterstock
- Projected employment change (percent): 28.7%
- Projected employment change (total): 45,400
- Employment (2020): 158,100
- Employment (2030): 203,500
- Median annual wage (2020): $80,480
- Typical education needed for entry: Master’s degree
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Photo Credit: fizkes / Shutterstock
- Projected employment change (percent): 28.7%
- Projected employment change (total): 45,400
- Employment (2020): 158,100
- Employment (2030): 203,500
- Median annual wage (2020): $80,480
- Typical education needed for entry: Master’s degree
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CEO fires 900 employees over Zoom
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Photo Credit: Kzenon / Shutterstock
- Projected employment change (percent): 29.5%
- Projected employment change (total): 56,400
- Employment (2020): 191,000
- Employment (2030): 247,300
- Median annual wage (2020): $76,270
- Typical education needed for entry: Bachelor’s degree
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Photo Credit: Kzenon / Shutterstock
- Projected employment change (percent): 29.5%
- Projected employment change (total): 56,400
- Employment (2020): 191,000
- Employment (2030): 247,300
- Median annual wage (2020): $76,270
- Typical education needed for entry: Bachelor’s degree
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CEO fires 900 employees over Zoom
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Photo Credit: anyaivanova / Shutterstock
- Projected employment change (percent): 29.6%
- Projected employment change (total): 2,300
- Employment (2020): 7,800
- Employment (2030): 10,200
- Median annual wage (2020): $74,560
- Typical education needed for entry: Master’s degree
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Photo Credit: anyaivanova / Shutterstock
- Projected employment change (percent): 29.6%
- Projected employment change (total): 2,300
- Employment (2020): 7,800
- Employment (2030): 10,200
- Median annual wage (2020): $74,560
- Typical education needed for entry: Master’s degree
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CEO fires 900 employees over Zoom
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Photo Credit: Stokkete / Shutterstock
- Projected employment change (percent): 31.0%
- Projected employment change (total): 40,100
- Employment (2020): 129,400
- Employment (2030): 169,500
- Median annual wage (2020): $115,390
- Typical education needed for entry: Master’s degree
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Photo Credit: Stokkete / Shutterstock
- Projected employment change (percent): 31.0%
- Projected employment change (total): 40,100
- Employment (2020): 129,400
- Employment (2030): 169,500
- Median annual wage (2020): $115,390
- Typical education needed for entry: Master’s degree
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CEO fires 900 employees over Zoom
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Photo Credit: Andrey_Popov / Shutterstock
- Projected employment change (percent): 31.4%
- Projected employment change (total): 19,800
- Employment (2020): 63,200
- Employment (2030): 83,000
- Median annual wage (2020): $98,230
- Typical education needed for entry: Bachelor’s degree
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Photo Credit: Andrey_Popov / Shutterstock
- Projected employment change (percent): 31.4%
- Projected employment change (total): 19,800
- Employment (2020): 63,200
- Employment (2030): 83,000
- Median annual wage (2020): $98,230
- Typical education needed for entry: Bachelor’s degree
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CEO fires 900 employees over Zoom
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Photo Credit: Monkey Business Images / Shutterstock
- Projected employment change (percent): 32.5%
- Projected employment change (total): 139,600
- Employment (2020): 429,800
- Employment (2030): 569,400
- Median annual wage (2020): $104,280
- Typical education needed for entry: Bachelor’s degree
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Photo Credit: Monkey Business Images / Shutterstock
- Projected employment change (percent): 32.5%
- Projected employment change (total): 139,600
- Employment (2020): 429,800
- Employment (2030): 569,400
- Median annual wage (2020): $104,280
- Typical education needed for entry: Bachelor’s degree
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CEO fires 900 employees over Zoom
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Photo Credit: Dmytro Zinkevych / Shutterstock
- Projected employment change (percent): 32.6%
- Projected employment change (total): 1,129,900
- Employment (2020): 3,470,700
- Employment (2030): 4,600,600
- Median annual wage (2020): $27,080
- Typical education needed for entry: High school diploma or equivalent
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Photo Credit: Dmytro Zinkevych / Shutterstock
- Projected employment change (percent): 32.6%
- Projected employment change (total): 1,129,900
- Employment (2020): 3,470,700
- Employment (2030): 4,600,600
- Median annual wage (2020): $27,080
- Typical education needed for entry: High school diploma or equivalent
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CEO fires 900 employees over Zoom
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Photo Credit: SFIO CRACHO / Shutterstock
- Projected employment change (percent): 33.3%
- Projected employment change (total): 47,100
- Employment (2020): 141,200
- Employment (2030): 188,300
- Median annual wage (2020): $103,590
- Typical education needed for entry: Bachelor’s degree
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Photo Credit: SFIO CRACHO / Shutterstock
- Projected employment change (percent): 33.3%
- Projected employment change (total): 47,100
- Employment (2020): 141,200
- Employment (2030): 188,300
- Median annual wage (2020): $103,590
- Typical education needed for entry: Bachelor’s degree
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CEO fires 900 employees over Zoom
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Photo Credit: MIND AND I / Shutterstock
- Projected employment change (percent): 35.4%
- Projected employment change (total): 14,900
- Employment (2020): 42,000
- Employment (2030): 56,900
- Median annual wage (2020): $92,270
- Typical education needed for entry: Master’s degree
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Photo Credit: MIND AND I / Shutterstock
- Projected employment change (percent): 35.4%
- Projected employment change (total): 14,900
- Employment (2020): 42,000
- Employment (2030): 56,900
- Median annual wage (2020): $92,270
- Typical education needed for entry: Master’s degree
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CEO fires 900 employees over Zoom
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Photo Credit: Photographee.eu / Shutterstock
- Projected employment change (percent): 35.4%
- Projected employment change (total): 33,200
- Employment (2020): 93,800
- Employment (2030): 126,900
- Median annual wage (2020): $59,770
- Typical education needed for entry: Associate’s degree
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Photo Credit: Photographee.eu / Shutterstock
- Projected employment change (percent): 35.4%
- Projected employment change (total): 33,200
- Employment (2020): 93,800
- Employment (2030): 126,900
- Median annual wage (2020): $59,770
- Typical education needed for entry: Associate’s degree
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CEO fires 900 employees over Zoom
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Photo Credit: anatoliy gleb / Shutterstock
- Projected employment change (percent): 52.1%
- Projected employment change (total): 6,100
- Employment (2020): 11,800
- Employment (2030): 17,900
- Median annual wage (2020): $46,470
- Typical education needed for entry: High school diploma or equivalent
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Photo Credit: anatoliy gleb / Shutterstock
- Projected employment change (percent): 52.1%
- Projected employment change (total): 6,100
- Employment (2020): 11,800
- Employment (2030): 17,900
- Median annual wage (2020): $46,470
- Typical education needed for entry: High school diploma or equivalent
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CEO fires 900 employees over Zoom
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Photo Credit: Monkey Business Images / Shutterstock
- Projected employment change (percent): 52.2%
- Projected employment change (total): 114,900
- Employment (2020): 220,300
- Employment (2030): 335,200
- Median annual wage (2020): $111,680
- Typical education needed for entry: Master’s degree
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Photo Credit: Monkey Business Images / Shutterstock
- Projected employment change (percent): 52.2%
- Projected employment change (total): 114,900
- Employment (2020): 220,300
- Employment (2030): 335,200
- Median annual wage (2020): $111,680
- Typical education needed for entry: Master’s degree
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CEO fires 900 employees over Zoom
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Photo Credit: Aunging / Shutterstock
- Projected employment change (percent): 68.2%
- Projected employment change (total): 4,700
- Employment (2020): 6,900
- Employment (2030): 11,700
- Median annual wage (2020): $56,230
- Typical education needed for entry: Postsecondary nondegree award
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Photo Credit: Aunging / Shutterstock
- Projected employment change (percent): 68.2%
- Projected employment change (total): 4,700
- Employment (2020): 6,900
- Employment (2030): 11,700
- Median annual wage (2020): $56,230
- Typical education needed for entry: Postsecondary nondegree award