The job market is rapidly changing, and millennials are facing the brunt of this, wondering if they will ever be able to move beyond living paycheck to paycheck and find job stability.
As an entitled generation that has also had to weather some significant upheavals at work, millennials are getting fired in droves. With a focus on building wealth over building a career, those born between 1981 and 1996 are finding they're not as secure as they once thought.
Moreover, their approach to work leaves much to be desired and is a big reason why the generation is getting laid off in droves.
Here are 11 reasons why millennials are getting fired.
Resolve $10,000 or more of your debt
National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.1 <p>Clients who are able to stay with the program and get all their debt settled realize approximate savings of 45% before fees, or 20% including our fees, over 12 to 48 months. All claims are based on enrolled debts. Not all debts are eligible for enrollment. Not all clients complete our program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. We do not guarantee that your debts will be lowered by a specific amount or percentage or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Please consult with a bankruptcy attorney for more information on bankruptcy. Depending on your state, we may be available to recommend a local tax professional and/or bankruptcy attorney. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating.</p>
Technostress and burnout
/images/2025/08/12/exhausted-businessman-feeling-sad-and-desperate.jpg)
Coming of age during the great 2008 Financial Crisis and weathering the COVID-19 storm, millennials are stressed and burned out from work.
This constant pressure has caused some ill effects, namely a lack of drive and ambition to work hard. So, many workers in this age cohort are just skating by in a constant state of stress, not ideal for producing good work.
Soft skills gap
/images/2025/08/22/colleagues-arguing-in-office.jpg)
Millennials struggle with crucial soft skills, especially coming out of the work-from-home lifestyle during the COVID-19 pandemic, as many companies have return-to-office mandates. A lack of problem-solving, clear communication, and teamwork skills is driving upper management to look elsewhere.
Anxiety impacting work
/images/2025/08/22/businesswoman-stressed-at-work.jpg)
Given the rash of layoffs this year, many millennials fear getting let go due to a number of socioeconomic factors. Since they're generally lacking skills seen in previous generations and struggling with burnout, their anxiety levels seep into everything they do. That is not a great environment for productive work.
- 18-29
- 30-39
- 40-49
- 50-59
- 60-69
- 70-79
- 80+
Shrinking of management structures
/images/2025/08/22/departing-professional-businessman.jpg)
Many companies are eliminating traditional management structures and reducing the number of middle managers. That leaves out a lot of potential job opportunities and room for advancement. The reduction in jobs is pretty significant, with layoffs for millennial managers rising over 400% from early 2022 to late 2024.
AI-driven job reductions
/images/2025/08/22/ai-dashboard-with_young_man.jpg)
The massive adoption of artificial intelligence has caused many companies to cut staff, leading to tens of thousands of lost jobs.
With AI now booming across the nation, even more companies will likely downsize. While many millennials are well-versed in AI tooling, many companies are trying to improve efficiency by reducing headcount, leaving employees in the lurch.
Economic uncertainty in lower-level roles
/images/2025/08/22/manager-showing-case-study-of-machine.jpg)
Industries like manufacturing, retail, and construction, which are often entry points for early-career professionals, are shedding jobs amid recession fears.
Given the shaky nature of the economy, many early-career workers are often the first to go. This means that many millennials across many different industries are getting let go.
Unrealistic expectations and "Trophy Kid Syndrome"
/images/2025/08/22/businessman-talking-to-his-secretary.jpg)
Many millennials expect instant gratification and a quick move up the ladder at their companies, something that does not resonate with older leadership. Many older workers refer to this as "Trophy Kid Syndrome" since millennials were likely to receive participation trophies and rewards for just showing up, rather than for quality work.
Lack of long-term vision
/images/2025/08/22/person-marking-the-date-on-calendar.jpg)
Millennials tend to live in the moment and not plan for the future, which can impact potential longevity at a company. Having the ability to think like your boss is critical to making an impact at work, and it's something the millennial generation is lacking.
Since they're disengaged from making a long-term difference in their work, they struggle to see how their day-to-day activities make an impact, leading to stagnation.
Desire for autonomy versus traditional hierarchies
/images/2025/08/22/businessman-reading-documents-while-using-laptop.jpg)
Millennials grew up always getting their way and trying to reshape work culture to become more flexible and autonomous. Well, corporate culture is fighting back, and there are expectations for (at least) a basic hierarchy in terms of management and organization. This causes friction between workers and upper management.
Earn as much as $1K doing simple online tasks
A company called Freecash has compiled all sorts of quick cash tasks from about a dozen advertisers and market research companies thirsty for more data. Freecash has paid out over $13 million to users since 2019, and has over 50,000 five-star reviews on Trustpilot.
Sign up here to see how much you could earn.
Companies are offshoring talent
/images/2025/08/22/woman-working-from-home-using-laptop.jpg)
Many US companies have offshored large numbers of employees over the past 15 years as the rest of the world has become more digitally connected. Since many white-collar jobs can now be done remotely, companies can look for talent all over the world, lessening opportunities for millennials.
No investment in the company's success
/images/2025/08/22/woman-doing-a-job-interview.jpg)
Since millennials move around jobs so frequently and have little connection to their place of work, they aren't as focused on doing good work over a long timeframe.
This means they've been more focused on their career advancement in changing companies every few years and moving up the corporate ladder, so they're less inclined to be agreeable with their current manager.
Bottom line
/images/2025/08/22/business-woman-packing-her-belongings-at-office.jpg)
The millennial generation has struggled to adapt to the changing socioeconomic conditions of the modern job market. With a focus on self-improvement and building wealth through side hustles, millennials have eschewed the normal career arch of previous generations.
Still, they make up a massive portion of the current workforce in the United States at 35%, yet struggle to stay engaged at work, with only 29% of the cohort reporting total engagement.
That points to a big mismatch in purpose, values, and workplace culture, which is a big contributing factor as to why millennials are getting laid off at such high rates.
Subscribe Today
Learn how to make an extra $200
Get vetted side hustles and proven ways to earn extra cash sent to your inbox.