64% of employees no longer trust their companies after mass layoffs

Published Updated 4 Min Read

Adobe Stock

Employees in nearly every industry are worried they’ll join the growing tally of workers that have already lost their jobs in 2024 — and it’s costing them the faith they once had in their employers. 

Sixty-four percent of employees have lost trust in the stability and security of full-time employment because of layoffs in what is being referred to as “The Great Betrayal,” according to a recent survey from AI-driven contracting platform A.Team. As a result, less than half of laid-off workers are looking for another job in the same field and 26% are pivoting to an entirely new field. 

Paola Peralta
Associate Editor

Paola Peralta is an Associate Editor at Employee Benefit News and has been with the team for five years. She is a proud UCF journalism graduate who got her start through a Dow Jones News Fund … Read full bio


For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form