I don’t understand what the point really was
Someone make any sense or any of this?
I could be wrong but I think layoffs were a knee jerk move by most companies without much thought pur into it.
Let’s admit it, most CEOs are first timers and are learning as they go. For most of them this was the first recession.
They saw their peers take certain decisions.
They read about what happened in the previous recession.
They asked investors what was the best move.
Everything scared them. So they sacrificed the most easily replaceable resource - humans.
what??? it was certainly important to discipline my gen z friends. We were acting like we are entitled to high paying job. I have seen this people feeling smug about there salaries. Some of my friends were making fun of gov. jobs, other professionals. That was absolutely necessary. Not only this made us understand humility but also showed the realistic picture of corporates. The way students are in rushing into 5 sub branches of CS, that was laughable. This thing has made them aware at least .
p.s. : i want this world to earn good money for good life, not for FOMO or what society cares.
I agree to your point. My batch in college CS had only 50 students, now more than 100. Like actual wtf students following trend like sheeps. They were going to fall someday.
Govt jobs should always be made fun of imo.
Govt officers (not all ofc) tend to be the most incompetent & entitles who are sucking the nation dry.
I’ve some pov on it:
I don’t think so. I feel they’ve been extremely important to realign expectations for an entire new generation of workers in the tech industry.
I feel there’s more humility amongst employees and they know it’s not always up, things can really turn around.
Hopefully this helps people stay more balance as we figure out the rest of our working careers
Well it reduced attrition and acted like a hammer to make people return to the office.
It was a power clawback.
On the flip side, I don’t treat my org special anymore. My time for your money.I no longer want to bond with anyone from work, go to tree planting, team lunches. No more of that Vin Diesel shit “We are a family…”
We've witnessed so many layoffs in the past year and this continues to be an upward trend. Bangalore is a city of IT professionals and these layoffs seem to have no effect on the real estate. Is this because the numbers are negligent? ...
There is a lag effect, give it a few months and you will see rents and prices not increasing anymore
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...
I mean I get the layoff predicament, but wtf is this news headline?
