At the threshold of a Fourth Industrial Revolution, a combination of factors will cause business model disruptions triggering a simultaneous impact on the employment landscape over the coming years. The changes will affect the employment scenery across various industries, ranging from significant job creation to job displacement, and from heightened labor productivity to widening skills gaps. As a reaction to this volatile and unpredictable work environment, where individuals are compelled to mind their own careers and stable long-term employment is not granted for anyone, vocational psychology, educational institutions and educators are urged to address the issues of employability.The current paper discusses the reasons leading up to the evolving world of employment and the stances/options that institutions and individuals can take to tackle the situation.