These millennials are reinventing the multibillion-dollar education industry during coronavirus

, an upskilling service that helps workers learn new skills, which Blake says has a better alternative to job losses. The 36-year-old launched the business with his co-founders and $3.5 million funding in mid-April, just as U.S. unemployment claims soared."Historically it was this: Lay people off, fire people, furlough people or retain people. And we're saying there's a better way, there's a third option," said Blake.

The idea goes like this: Learn In works with employers to figure out the skills needed to future-proof their businesses, and the investment it will take. Employees are then invited to complete relevant short-training courses — either at full, reduced or no pay — with the guarantee of returning to work at the end.co-founder, Learn In

That's not only beneficial for employees, who may otherwise be laid off, said Blake. It's also more cost-effective for employers, who can save on rehiring when the virus subsides. Estimates suggest replacing staff can cost as much as" know that if they aren't upskilling their people now, they're going to be caught flatfooted behind six months from now, 12 months from now," said Blake.

And while career breaks or learning sabbaticals are not new, Blake said the pandemic has shown that work and education no longer needs to be mutually exclusive — which could make all the difference in building a more effective workforce in the long term. "At every other point, there's a tension between productivity and learning. Any time you're spending over here learning, is not time you're spending on productivity," said Blake. "Companies that can be smart about using the time to upskill their people ... is always going to be a win."

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