The Jobless Boom

Strong profits and rising share prices no longer guarantee job security. As companies invest in AI, streamline operations, restructure teams, and redirect capital toward higher-growth priorities, even high-performing executives can find themselves impacted by layoffs and organizational change.In this episode of the Hire Yourself Podcast, Pete Gilfillan explores the growing “jobless boom” and what it means for corporate professionals. He explains why companies can report strong financial results while simultaneously reducing headcount, how AI is changing the economics of white-collar work, and why individual performance alone may not be enough to protect your position.For executives thinking about their long-term future, Pete makes the case for building a Plan B before it becomes necessary. By exploring business ownership and franchising while still employed, professionals can diversify their income, build equity outside of a paycheck, and create a greater level of control over their financial future.Chapters00:00 - Good Performance Doesn’t Guarantee Job Security01:01 - What Is the “Jobless Boom”?02:00 - Why Profitable Companies Are Still Cutting Jobs03:13 - How AI Is Reshaping White-Collar Work03:40 - Why Individual Performance Is No Longer Enough04:07 - The Psychological Shift for Corporate Executives04:44 - Why More Professionals Are Exploring Business Ownership05:06 - How Ownership Creates a Different Kind of Security05:39 - Why You Should Build Your Plan B Before You Need It06:16 - Turning Corporate Experience Into Business OwnershipCONNECT WITH PETE GILFILLAN:🔗 LinkedIn: https://www.linkedin.com/in/petegilfillan/🌐 Website: https://www.hireyourself.com/CONNECT WITH HIRE YOURSELF PODCAST:🎧 Apple: https://podcasts.apple.com/us/podcast/the-hire-yourself-podcast/id1472038217🎧 Spotify: https://open.spotify.com/show/7eTKOLjuUWbf7BRtGtp6dP?si=eb2f7b38bd884804▶️ YouTube: http://www.youtube.com/@hireyourself7642📅 Meet with Pete: https://go.hireyourself.com/gilfillan?utm_source=LinkedIn&utm_medium=Social&utm_campaign=IR