No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, August 22, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Let’s give the ‘fired’ label a rest

by TheAdviserMagazine
11 months ago
in Business
Reading Time: 3 mins read
A A
Let’s give the ‘fired’ label a rest
Share on FacebookShare on TwitterShare on LInkedIn



Here are some eye-opening numbers: Last year, nearly 20 million Americans got pink slips. By June of this year, 10 million employees had been dismissed from a range of industries and companies, including blue-chip tech firms like Google, Amazon, and Microsoft, as well as once secure federal agencies. A whopping 1.6 million workers are laid off each month. Losing your job is a perpetually looming threat: 40% of American workers report being terminated at least once in their careers; most of them were taken by surprise.

Those numbers are just as bad — and often worse — for those at the top. Recruiters tell us an estimated 40%-60% of senior executives are forced out, in part due to today’s record high turnover of CEOs. Regardless of title or income, the same label is applied (and self-applied) to people who’ve lost their jobs: You’ve been “fired.” 

Words matter. And the word “fired” implies fault — your fault. While some employees are let go for performance or behavior, millions more are caught in restructurings, downsizings, and strategic shifts spurred by investor and marketplace pressures. This cuts across corporate America, whether you’re on the shop floor, in middle management, or in the C-suite. No one is immune.

We live in a churn economy of routine mass layoffs and restructurings that didn’t plague the generations of workers who retired before the 1980s. Leanne’s parents collectively spent over 40 years at Boeing; Nina’s father spent 30 years at Hughes Aircraft. Our parents’ generation could count on stability, security, predictability — and profound corporate loyalty that cut both ways. One study found that 58% of Fortune 100 companies announced layoffs in 2023, while in 1979 only 5% did. 

Back then, being “fired” was shorthand for showing unproductive, ill-fitting, or unethical workers the door — preferably before they stole the stapler. There are still plenty of employees who earned their pink slip fair and square. Performance and integrity issues? That’s on them. We shouldn’t shy away from holding employees accountable. But in today’s turbulent economy, the vast majority of displaced workers aren’t fired because of personal failure.

More than ever before in modern times, people’s careers are fragile, unpredictable, and subject to pressures beyond their control. The personal toll of job loss is enormous. We’ve been fortunate to work with some of the most exceptionally talented and visionary business leaders around. And even among these super achievers, a job loss shakes confidence and self-worth, threatening to erase in their own minds years of well-earned impact and success.  

“Executives know the exit isn’t really about them,” says executive coach Nicole Didda. “They’ve got the performance, the reviews, the credibility. Still, the word ‘fired’ hits hard. Especially for women, it undermines confidence, making them feel ‘less than’ even when they know better.” 

That damaging psychic weight of insecurity and self-blame seeps into our society and politics, where polls show a stubborn and longtime trend of declining faith in a better future. No wonder, when 81% of workers in 2025 fear job loss.

With an unsettling sense that control has slipped away, there’s a tendency for even the most talented and accomplished employees to self-identify as “fired” — even when the cause of their dismissal is a slowdown in the market. Poking fun at oneself for being let go may build connection, but it also undermines confidence, credibility, and faith in a better future.  

These economic forces aren’t going to change, especially with AI bringing its own uncertainty and job disruption. All the more reason we need to reframe the narrative around job loss. If almost half the workforce has experienced a job elimination, shouldn’t we give the word “fired” a rest?

Let’s be more thoughtful — and understanding — in the way we treat our colleagues (and ourselves) when describing workplace departures. Let’s replace “fired” with something like: “freed for what’s next.” Let’s make the increasingly frequent business of moving on less dramatic, and a whole lot more human.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

Fortune Global Forum returns Oct. 26–27, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.



Source link

Tags: firedgiveLabelletsrest
ShareTweetShare
Previous Post

Activist Irenic takes a stake in Atkore, urges company to consider a sale

Next Post

Wall Street Bullish on Aurora Innovation (AUR) Ahead of its FQ3 2025 Results

Related Posts

edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

by TheAdviserMagazine
August 8, 2026
0

Staying at one company for decades was once a badge of honor. But as layoffs have become more common and...

edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

by TheAdviserMagazine
August 8, 2026
0

First, they won in New York. Then they took Maine, Colorado, and Michigan. And now, the next battleground for the...

edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

by TheAdviserMagazine
August 8, 2026
0

Asia's oldest exchange, BSE, traded far fewer derivatives contracts in the first week following the implementation of the Closing Auction...

edit post
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by TheAdviserMagazine
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

edit post
Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by TheAdviserMagazine
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

edit post
Meet the 82-year-old Kentucky grandma who turned down M to turn her farm into a data center

Meet the 82-year-old Kentucky grandma who turned down $26M to turn her farm into a data center

by TheAdviserMagazine
August 7, 2026
0

Ida Huddleston has lived on the same stretch of farmland outside Maysville, Ky., since she was 16. She and her...

Next Post
edit post
Wall Street Bullish on Aurora Innovation (AUR) Ahead of its FQ3 2025 Results

Wall Street Bullish on Aurora Innovation (AUR) Ahead of its FQ3 2025 Results

edit post
Berkshire’s Japanese stock positions top  billion

Berkshire's Japanese stock positions top $30 billion

  • Trending
  • Comments
  • Latest
edit post
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
Driving the Noncitizen Voting Scandal: Registration With License

Driving the Noncitizen Voting Scandal: Registration With License

July 26, 2026
edit post
Garbage Trucks Surveillance Florida Neighborhoods

Garbage Trucks Surveillance Florida Neighborhoods

July 29, 2026
edit post
Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

August 7, 2026
edit post
Montana Puts Democrats in a Bind as Senate Hopes Fade

Montana Puts Democrats in a Bind as Senate Hopes Fade

August 2, 2026
edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
edit post
E.W. Scripps Q2 2026 Loss Widens to -.68/Share, Revenue Down 9%

E.W. Scripps Q2 2026 Loss Widens to -$12.68/Share, Revenue Down 9%

0
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

0
edit post
Four AI Escapes Just Redefined “Responsible AI”

Four AI Escapes Just Redefined “Responsible AI”

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

0
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

August 8, 2026
edit post
Links 8/8/2026 | naked capitalism

Links 8/8/2026 | naked capitalism

August 8, 2026
edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

August 8, 2026
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

August 8, 2026
edit post
Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

August 8, 2026
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

August 8, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
  • Links 8/8/2026 | naked capitalism
  • Wisconsin: The Next Frontier for Socialists
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.