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The trend in government and business these days is to cut workers across the board with little notice and shared strategy. It’s done in the name of improving efficiency. But mindlessly cutting workers doesn’t achieve this goal. Instead, it leaves…
Read More Mindless workforce cost-cutting could cut down your business
Large-scale layoffs have been the norm for the past three years. According to layoffs.fyi, over 141,000 employees have been laid off from 468 companies in 2024 so far, many of which are in high-tech. While layoffs sometimes provide short-term financial…
Last week, I was fired up by an article in the New York Times, “Laid Off in Your Living Room: The Chaos of Remote Job Cuts.” I posted the article and my comment on LinkedIn. From my profile page and…
Last week’s announcements by Meta (11,000 employees let go), Twitter (3,700), Stripe (1,100), and Lyft (700) turned heads as the high-tech stalwarts of the US economy stumbled. Previously, Coinbase, Shopify, Netflix, Microsoft, Snap, Robinhood, and Tesla had cut employees. When companies…
Read More Don’t be stupid with layoffs. Follow these 7 best practices.
