The new layoff era: Work is moving, not disappearing

Layoffs often signal a reorganisation of work rather than the end of work itself. The World Economic Forum’s Future of Jobs Report 2025 projects significant labour-market churn by 2030, with about 170 million roles created and 92 million displaced. Employers also expect major shifts in required skills, increasing the need for upskilling and redeployment as tasks change across industries and functions.