PayCushion™
The Safety Net America Has Never Had™
A Financial Cushion
After Job Loss
PayCushion is America's first membership-based income protection platform — a modern alternative to traditional unemployment insurance that helps working Americans cover essential living expenses after an involuntary job loss.
Not an insurance product. PayCushion is a membership program designed to deliver straightforward, community-backed income protection — no claims adjusters, no fine print.
Your Income Safety Net
Up to $6,000/month
Tax-free benefit payments direct to your bank
No credit checks
Approval based on simple employment verification
24 Months of Protection
Plenty of time to find your next great opportunity
Mass Layoffs Are No Longer Rare
PayCushion: The Safety Net America Has Never Had.
From technology to shipping, entertainment, aerospace, food production, and manufacturing, major American employers have announced large workforce reductions. PayCushion exists because income disruption has become a mainstream risk.
These ten announcements alone represent more than 120,000 affected workers.
Amazon
Jan 5, 2023
18,000
Technology
Announced 18,000 job cuts as consumer and corporate spending slowed.
Microsoft
Jan 18, 2023
10,000
Technology
Cut 10,000 roles as the company adjusted to economic conditions and changing customer priorities.
Google / Alphabet
Jan 20, 2023
12,000
Technology
Announced 12,000 layoffs, about 6% of its workforce, during a broader tech downturn.
Meta
Mar 14, 2023
10,000
Technology
Announced another 10,000 job cuts after already cutting 11,000 roles months earlier.
Disney
Feb 8, 2023
7,000
Entertainment
Announced 7,000 job cuts as part of a major restructuring and cost-savings plan.
UPS
Jan 30, 2024
12,000
Shipping & Logistics
Announced 12,000 job cuts after weaker package volume and a disappointing revenue outlook.
Tesla
Apr 15, 2024
~14,000 (10%)
Automotive & Manufacturing
Planned to cut about 10% of its workforce after weak quarterly sales and rising EV competition.
Intel
Aug 1, 2024
~15,000
Semiconductors
Announced about 15,000 job cuts while trying to reduce costs and compete in the AI chip market.
Boeing
Oct 11, 2024
~17,000 (10%)
Aerospace & Defense
Announced plans to cut about 10% of its workforce, roughly 17,000 jobs, amid financial and operational pressure.
Sources are third-party news reports. PayCushion summarizes and links to original reporting for context only.
PayCushion is already getting attention.
Our early TikTok content has reached over 600 likes and counting, with around 40 saves from people who want to revisit the idea. That kind of engagement tells us workers and future investors are paying attention to PayCushion’s mission.
600+
TikTok likes
40±
Saved posts
Early social proof suggests people understand the problem and are interested in the solution PayCushion is building.
See PayCushion™ in Action
PayCushion Overview
The income safety net workers deserve.
How PayCushion™ Works
Four simple steps from enrollment to receiving your benefit payments.
Enroll while employed
Sign up and connect your employment verification. 90-day waiting period begins.
Lose your job involuntarily
Layoffs, company closures, position eliminations. Submit a benefit request within 60 days.
Exhaust state benefits
After state unemployment ends, PayCushion activates your income protection.
Receive cash payments
Direct deposit straight to your account. Up to $6,000/month for 24 months.
Guides that bring workers to PayCushion
Search-friendly education for people looking for layoff protection, income replacement, and alternatives to unemployment.
Income Protection Guide
Learn how income protection helps workers prepare for layoffs and income interruptions.
Read guideLayoff Survival Guide
A practical checklist for protecting your cash flow after an unexpected job loss.
Read guideResource Hub
Explore worker-focused financial safety net articles and PayCushion education.
Read guideWhy PayCushion Wins
See exactly how we compare to traditional unemployment insurance.
No commitment. Cancel anytime. 90-day waiting period applies.
How much coverage do you need?
Enter your monthly expenses to find the right membership tier for your situation.
Your Monthly Expenses
Enter your monthly expenses to see your recommended plan
Three Plans. Complete Protection.
Choose the membership level that fits your lifestyle. PayCushion is a membership program — not an insurance policy — built to deliver real income protection without the complexity of traditional insurance.
Essential
$3,500/mo benefit
for up to 12 months
- $3,500/month benefit
- Up to 12 months
- W-2 & 1099 eligible
- 90-day waiting period
- Direct deposit
Membership launching soon · Not available for enrollment yet · Join the waitlist for updates
See if you qualify in 30 seconds
Answer a few quick questions to check your eligibility
Are you currently employed?
This includes W-2, 1099, or self-employed
Why I Built PayCushion
A message from our founder, Alexander Woode.
Alexander Woode
Founder & CEO, PayCushion
Building income protection for every working American.
"Why isn't there a financial safety net that continues supporting people after unemployment runs out?"
— Alexander Woode, April 2025
Hello Everyone, my name is Alexander Woode, and I am the founder of PayCushion.
In April 2025, my life changed overnight when I lost my job. Like millions of Americans, I relied on unemployment benefits to stay afloat while searching for my next opportunity. But after just six months, those benefits ended — and the reality was frightening. The payments I received weren't even enough to fully cover basic living expenses, and once they stopped, there was nothing left to fall back on.
During that time, I asked myself a simple but powerful question: Why isn't there a financial safety net that continues supporting people after unemployment runs out? I began researching, and what I discovered shocked me — no product exists that truly protects people financially during the most vulnerable period of job loss.
That moment sparked an idea. Instead of waiting for someone else to solve this problem, I decided to build the solution myself. That solution is PayCushion.
PayCushion is a new kind of financial protection membership designed to give working people peace of mind during uncertain times. Members can receive up to $6,000 in monthly cash benefits for up to two years after losing their job and exhausting unemployment benefits.
PayCushion was created from a deeply human place. It is not just a business idea — it is a solution born from personal experience and a desire to protect others from the fear and uncertainty that so many people face when they lose their income.
Today, I am building PayCushion to bring this life-changing financial safety net to the market.
Build the technology platform
Launch our national membership program
Create the financial infrastructure needed to deliver benefits
Expand awareness so millions can protect themselves
Every contribution — large or small — brings us one step closer to building a future where losing a job does not mean losing financial stability. If you believe that hardworking people deserve a stronger financial safety net, I invite you to join us in making PayCushion a reality.
Together, we can create a new layer of financial protection for millions of people.
Thank you for your support and belief in this mission.
— Alexander Woode, Founder, PayCushion
How to Access, Grow & Keep Money
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