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Layoffs are a key tool in the corporate cost-cutting toolkit. While popular culture may demonize staff-cutting executives as corporate boogiemen laughing with joy as they hand out pink slips (Elon Musk comes to mind), the truth is nobody enjoys layoffs. Business leaders are people too, and they understand the pain cutting jobs causes, especially cutting […]
Tech is a dynamic industry by its very nature, and the skills that are in high demand today may be obsolete in a year or two. This industry, then, is no stranger to workforce disruptions, including the large-scale layoffs sweeping the industry in recent months. But things might be a bit different this time around, […]
Nearly a year of seemingly continuous layoffs throughout the tech industry have harmed Diversity, Equity, and Inclusion (DEI) efforts, raising concerns about the vulnerability of recent DEI gains in the workplace. To ensure DEI initiatives are not only continued but strengthened, we must understand the total value they bring, to employees and employers alike. DEI […]
In 2023, we find ourselves at an inflection point in the world of work. While the rollercoaster of responding to a global pandemic has slowed, the baton of uncertainty has been passed. The workforce now faces an unpredictable economy, widespread layoffs, and a pervasive feeling of burnout. That’s why the last few years have been […]
Even with the looming danger of a full-scale recession, as seen by record high mortgage rates and falling consumer spending, the job market’s strength has continued to act as a buffer. Despite massive layoffs in the tech sector, according to experts, there are employers planning to hire in the coming months as opposed to reductions […]
Welcome back to HR Query! In Part 2 of this two-part series on attracting and retaining top-talent with the technology sector, we dive deeper into how HR leaders and organizations can combat the difficulties of the tech talent shortage. If you missed Part 1 of our coverage, featuring John W. Mitchell, President and CEO of […]
Although thousands of tech workers have been laid off in the last few months, tech leaders are having difficulty attracting top talent. According to a new LinkedIn survey, as a career, the tech sector isn’t as attractive as it once was. While unemployment is at its lowest level in decades, there are still more than […]
As businesses brace for the likely recession, HR teams have additional responsibilities. For many small to medium businesses, the economic downturn means layoffs will inevitably come into play. For HR teams, layoffs require additional responsibility and work and can be incredibly stressful for the entire team. To ensure business productivity continues despite the layoffs, HR […]
Many workers around the country and around the world dream of landing a job in Silicon Valley. America’s tech sector is seen as a place of fat paychecks and exciting, cutting-edge work. And for many, that’s exactly what it is. But a recent pandemic-triggered tech employment boom-bust cycle illustrated the fleeting nature of these jobs […]
During the last few months, many large technology companies such as Netflix, Amazon, Meta, and Twitter have carried out mass layoffs, with other smaller companies also culling large numbers of staff. In such tumultuous times, much support is rightly given to those who are laid off, but there’s also an impact on those who are […]