In 2025, U.S. companies announced over 1.1 million job cuts—the highest since 2020—driven by economic pressures, AI adoption, and restructuring across tech, retail, manufacturing, and other sectors. Workers face a cooling job market, but adaptation through upskilling offers hope for resilience.
David Kostin, retiring Goldman Sachs equity strategist after 31 years, advises Gen Z workers to understand how their roles fit into the corporate "machine" amid AI-driven job disruptions. Emphasizing strategic thinking over rote tasks, he urges adaptability for success in finance and beyond, fostering resilience in volatile markets.
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