The Cisco Story: No Secure Employment and Since Help Isn't on the Way

 It used to be that if your employer was holding up financially, you didn't worry about your job security. Now, that doesn't matter. The emerging dynamic is that, like Cisco, LinkedIn, Paul, Weiss and more, the ax swings even in the best of financial times.

TechCrunch reports:

"Technology giant Cisco is cutting fewer than 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue in its fiscal third quarter." 

In addition, LinkedIn cut even with 12% increase in revenue.

And Paul, Weiss has been riding high in Profits Per Equity Partner and still terminated litigation associates. 

What else is becoming common is that help may not be on the way. Sure there are policy proposals to cope with the impact of cost-efficiency, AI and offshoring. But very little real experimentation. 

Sure, you're told to network. But with fewer and fewer opportunities all that may get you is a decent-paying work situation, for a while. Then you could tumble out of the middle class with no shot at well-paid employment again. 

This is especially the situation for the over-50. Pro Publica documented that at that age you're likely to be forced out. If you do land another job in your field only 10% of you will earn comparable compensation.

Obviously, you have to help yourself. 

Self-employment is an option. Increasingly for myriad knowledge workers it's the only option. The solopreneur model boosts the odds of success since there is no payroll to factor in. 

Another solution is a reset. More of my clients are figuring out where they can fit in healthcare or the trades. 

Also doable is starting out over again outside the US. Get to know the world by teaching English abroad, for instance. A client knocked out of the box in practicing law did a restart that way. They even found romance. There's also launching an enterprise in Spain. That nation welcomes foreign entrepreneurs.

The mindset that you need? Being open. The majority of those lamenting no-work on Reddit seem to be closed systems. They orbit around what used to be and feel entitled for that to manifest itself again. Meanwhile unemployment compensation ends, savings go dry and withdrawals are made from investments. The new game is this: keeping income coming in.

Earning a Good Living in 2026 Involves Mental Combat. The enemy is usually your own thinking.

Complimentary consultation. No Pressure. Solid Guidance. Contact Jane Genova janegenova374@gmail.com.


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