Laid Off & Checked Out: The Broken System No One Questions

Layoffs are supposed to be just business, right? But what happens when they take more than just your paycheck?

In this video, I'm getting real about the hidden costs of layoffs-the emotional toll, the mental health fallout, and why the system hasn't changed in at least over 30 years. Layoffs hit harder than just your wallet, and it's time we start talking about what really happens when you're shown the door.

We'll talk about how companies are failing when it comes to supporting employees during layoffs, especially when it comes to mental health. And I've got some ideas for what needs to change-and they're not as complicated (or expensive) as you'd think.

So let's get into it: Why are layoffs broken, and what could companies be doing better to help us cope?

👉 Have you been through a layoff? How did your company handle it? Did they offer any real support or just walk you out the door? Let's talk about it in the comments-I want to hear your story.

Don't forget to like, comment, and subscribe! 👍💬🔔

⏰Chapters:⏰
00:00 The Unexpected Meeting
00:27 The Mental Avalanche of Layoffs
00:45 The Predictable Layoff Script
01:38 The Emotional Toll of Job Loss
02:55 Staggering Layoff Statistics
03:49 Older Workers and Layoffs
04:16 Mental Health Fallout
06:00 Legal Cover and Ageism
07:31 Companies' Responsibility for Mental Health
08:53 Practical Solutions for Companies
10:55 The Emotional Reality of Layoffs
11:35 Call to Action and Conclusion

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Sources:
Layoffs Data:
• Layoffs.fyi for tracking layoffs in the tech sector:
https://layoffs.fyi
• U.S. Layoff Data (Bureau of Labor Statistics) for total layoffs across industries in 2024:
https://www.bls.gov/news.release/jolt...
• U.S. Layoffs Across All Industries: Bureau of Labor Statistics (BLS) offers comprehensive data on employment and job cuts across various sectors. URL: https://www.bls.gov

Mental Health and Suicide Rates:
• Psychiatric Times article discussing rising suicide rates and the impact of economic stress on mental health:
https://www.psychiatrictimes.com/view...
• CU Boulder Study on suicide rates in the U.S. and how economic downturns affect mental health:
https://www.colorado.edu/today/2022/0...

Mental Health Impact of Job Loss:
• Research on the correlation between unemployment and mental health can be found on PubMed.
• URL: https://pubmed.ncbi.nlm.nih.gov
Suicide Rates Among Older Adults:
• The Centers for Disease Control and Prevention (CDC) provides information on increasing suicide rates among older adults.
• URL: https://www.cdc.gov
Older Workers Benefit Protection Act (OWBPA):
• Information on the OWBPA and its protections is available on the Equal Employment Opportunity Commission (EEOC) website.
• URL: https://www.eeoc.gov