What is trigging this second wave of layoffs? Trump? Macro economics? Doge? Indian ecosystem(dollar price increase, rupee fall) what is the trigger. Experts please comment 🙏
This time its different. This time layoffs are all about fearmongering, so as to squeeze as much energy as possible from the employees. Companies started strategically performing layoffs from 2022 (big tech) to boost productivity, now they are doubling down by calling it "under performance". Hiring is going on afaik, its just that companies now want top tier work for mid tier pricing (aka the oneplus experience)
its neither trump or economics. The excessive pay that was given over the last 4 years, is now getting corrected.
I believe the supply is more than demand for the talent pool nowadays. So, is cost cutting is the only reason or roles are getting redundant too? I am looking for good insights across sectors and roles to understand the overall situation.
Being an investor in equity markets, i was aware of the fact that US market will crash as the free money by fed draws back. I obviously was not able to link this up with the funding dry-ness.
I still expect a founder to be aware of th...
Let me explain in detail. There are two parts to it and can be broken down basis PnL 1. Revenues : Sudden jump in...
With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly h...
More than 200,000 tech workers have been laid off in the U.S. between November 2022 and January 2023
Less revenue for US Companies -> Less revenue for IT Outsourcing -> More employees on PiP -> Layoffs
Is this cycle right or am I miss...
