Take a look at New Zealand’s approach to this issue. We have much stronger laws for our people and we have a thriving economy regardless.

Companies nees to really think about hiring staff as the process for firing in and of itself, let along laying someone off is a difficult and costly one.

This results in two main things; 1, when a company changes direction or a project gets cancelled - they try as hard as they can (and have the legal obligation to) to place you on a different project but you keep your role. 2, if that is not possible, they need to help and support you when it comes to either finding a new and different role within the company, or find a role elsewhere, by providing interview training or help with your CV.

This does not apply for contractors, who get treated more like employees do in America and are a way for companies to avoid the risk of over recruitment, at the expense of having to pay someone twice the market rate.