Your Money Minute CEOs Plan To Cut More Jobs Than They Create 9/4/25
Sep 4, 2025
In today's discussion, a recent survey reveals that many CEOs are planning more job cuts than new hires. Experts stress the importance of workers reassessing their roles in light of potential labor market shifts. They also highlight the need for enhancing job search skills and financial preparedness. As companies brace for changes, staying proactive becomes crucial for job seekers.
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Prepare Your Finances And Resume
- Prepare financially and professionally by topping up emergency savings and polishing your resume.
- Consider whether your role or salary is essential and whether AI or lower-cost hires could replace you.
Job Cuts Likely To Accelerate
- Rebecca Patterson predicts job cuts will accelerate toward year-end and into next year as companies control costs.
- The interview frames this as early signs of a broader softening in the labor market.
CEOs Expect Net Job Cuts
- A recent Conference Board CEO survey shows more leaders expect cuts than hires over the next year.
- This is the first time that expectation has flipped since COVID, signaling a potential labor-market softening.