In fact, these are all so similar that they might as well have come from the same PR person. It kind of seems like tech firms are laying off workers because…other tech firms are laying off workers. Let’s be r
With many tech companies laying off workers, cutting employees no longer signaled weakness. Now, executives are looking for more places where they can squeeze more work out of fewer people. We’re going to continue to be careful on what we invest in, and we’re going to continue to invest...
Among the tech companies that have announced layoffs is Alphabet, the parent of Google. In January 2023, the company reported it was laying off 12,000 employees. The move came after some of its closest competitors, like Meta Platforms and Microsoft, announced similar layoffs and also followed ...
Why are so many tech companies laying people off right now? The tech industry layoffs are basically an instance of social contagion, in which companies imitate what others are doing. If you look for reasons why companies do layoffs, the reason is that everybody else is doing it....
2. Recruiting, hiring, training, and severances are expensive You’ll spend tens of thousands of dollars paying off laid-off employees and eventually replacing them. One mistake many companies make when laying off workers is getting rid of positions they can’t afford to lose. ...
Why Is Twitter Laying off 1 in 12 Employees?Subject line: "A more focused Twitter."In an all-staff email, Twitter co-founder Jack Dorsey -...Warner, Kelsey
Well-crafted job descriptions help mitigate employees and employersagainstlegal risk through ensuring that both EE and ER are aligned as to the expectations of the job, from usual tasks, duties, and responsibilities, as well as metrics for regularization. ...
The Group's values are essential in this context. Solidarity is one of Arkema's four key values, and we are demonstrating it very clearly in the current situation. What have the impacts of the crisis been on the ground? T. L. H. – Thanks to the ...
to a sharp decrease in travel demand along with a series of travel restrictions and border closures imposed by governments worldwide. As a result, airlines have faced substantial financial challenges and have had to make difficult decisions, such as reducing flight capacity and laying off employees...
And this is even more important when some of what we’re called to do includes tasks that aren’t necessarily easy: enforcing a rule, giving constructive feedback, canceling a project, laying someone off. “As leaders we have great impact on the people we lead,” Steve said. “And ...