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After Elon Musk fired middle managers in mass after his Twitter takeover, Zuckerberg called this trend “good for the industry.” Management expert Verity Creedy begs to differ. According to Creedy, VP of Product Management at global leadership company DDI, mid-level managers are being underutilized and unappreciated – when in reality, they’re the unsung heroes of […]
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, […]
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 […]
As the global economy continues to flirt with recession, many employers have already begun letting large numbers of employees go. This trend is particularly evident in the tech industry, where companies like Google, Amazon, and Microsoft (among others) have laid off more than 70,000 workers in the past year. And that’s just one industry. The […]
It’s no surprise that employee confidence has been shaken with the recent spate of corporate layoffs nationwide. Indeed, 31% of professionals responding to LinkedIn’s Workforce Confidence Survey are now concerned about their companies cutting budgets or staff. Their anxiety should be a wake-up call to HR and corporate leaders whether or not they have a […]
Elon Musk’s recent ultimatum to Twitter staff to be prepared to accept “long hours at high intensity” or leave the company illustrates the importance some organizations place on company culture. While “long hours at high intensity” may sound like simply telling staff to work harder, it also says something about culture. And while the mass […]
After Elon Musk took ownership of Twitter, the company laid off over 900 California employees. As news spread that Twitter plans to eliminate 50% of its workforce, employees filed a class action lawsuit against the company alleging the reduction in force violated the Worker Adjustment and Retraining Notification (WARN) Act as well as California law. […]
We’re living in a split-screen world when it comes to burnout and the employee experience. On one side are all the investments CEOs and HR executives have been making in recent years—and especially since the pandemic began—to support employee well-being and mental health. This is not just a warm-and-fuzzy benefit; rather, it’s an essential part […]