Oddbean new post about | logout

Notes by Tech Industry Layoffs Prompt Workers to Reconsider... | export

 KPMG Joins PwC in Major Layoffs Amid Economic Pressures
===============	
#fd36e319 ver:0.35

...

#newstr #Kpmg #Layoffs #AuditWorkforce #Us #BigFour #Employment #EconomicChallenges #WorkforceStrategy #Attrition #JobCuts 

 https://here.news/story/fd36e319?ver=0.35 
 PwC Announces Major Layoffs as Part of Restructuring Efforts
===============	
#fd36e319 ver:0.34

...

#newstr #Pwc #Layoffs #Employment #Restructuring #UsWorkforce #Technology #Openai #BusinessNews #EconomicImpact #CorporateNews 

 https://here.news/story/fd36e319?ver=0.34 
 John Deere and Dyson Announce Job Cuts Amidst Global Restructuring
===============	
#fd36e319 ver:0.33

Despite a decline in job cuts in June, the tech industry still faces significant layoffs, with over 59,000 cuts announced this year. The Consumer Products Manufacturers industry also experienced high layoffs. John Deere plans to lay off 600 employees due to reduced demand, while Dyson will cut 1,000 jobs as part of a global restructuring. These job cuts reflect the ongoing challenges faced by workers in various industries amidst economic uncertainty. #JobCuts #TechIndustry #Manufacturing #EconomicUncertainty...

#newstr #JobCuts #Technology #Manufacturing #Agriculture #GlobalMarket #Competition 

 https://here.news/story/fd36e319?ver=0.33 
 John Deere Announces Layoffs at US Factories Amidst Declining Demand
===============	
#fd36e319 ver:0.32

John Deere announces layoffs at US factories due to declining demand. Tech industry sees significant job cuts, down 58% from 2023. Consumer Products Manufacturers also affected. Challenges persist for workers amidst economic uncertainty. #JobCuts #TechIndustry #Manufacturing #EconomicUncertainty...

#newstr #JobCuts #TechIndustry #Layoffs #JohnDeere #UsFactories #Manufacturing #Agriculture 

 https://here.news/story/fd36e319?ver=0.32 
 Job Cuts in the US Decline in June, but Remain Higher Than Last Year
===============	
#fd36e319 ver:0.31

Despite a decline in job cuts in June, layoffs in the tech industry remain significant. Over 59,000 cuts have been announced this year, down 58% from 2023. Consumer Products Manufacturers also saw high layoffs with over 5,000 job cuts. Workers continue to face challenges in the US job market. #JobCuts #TechIndustry #EconomicUncertainty [5db60084]...

#newstr #JobCuts #Employment #Economy 

 https://here.news/story/fd36e319?ver=0.31 
 Tech Industry Layoffs Continue as Companies Navigate Economic Uncertainty
===============	
#fd36e319 ver:0.3

Tech industry layoffs continue as companies navigate economic uncertainty. Microsoft plans to lay off 1,000 people, reflecting the need to cut costs amid increased expenses. Tech firms have laid off almost 90,000 people in 2024. The job market remains competitive, with tech workers exploring new opportunities outside the industry. Emotional support and networking are crucial for career transitions. Despite blockbuster earnings, layoffs in the tech industry have eroded its appeal. The surge in in-office salaries contrasts with stagnant tech salaries. SpaceX faces accusations of illegal severance agreements. The job market is mixed, with employee confidence sinking but job seeker confidence rising. Numerous companies have announced job cuts in 2024, highlighting ongoing challenges in the US and Canada. #TechLayoffs #JobMarket #EconomicUncertainty...

#newstr #TechIndustry #Layoffs #JobCuts #Us #Canada #Economy #Companies 

 https://here.news/story/fd36e319?ver=0.3 
 Microsoft Announces Layoffs Despite Record Third Quarter
===============	
#fd36e319 ver:0.29

Despite a record third quarter, Microsoft plans to lay off 1,000 employees, including its Mixed Reality group, due to increased expenses. Tech layoffs are at their highest since the 2001 dot-com crash, with over 50,000 positions slashed this year. The job market for tech workers remains competitive, with many turning to LinkedIn and support communities like Xoogler for help. The tech industry's instability has eroded its appeal, leading workers to question if it's still a 'dream job'. In contrast, in-office salaries are surging, reflecting the demand for physical presence. SpaceX is accused of using illegal severance agreements, highlighting challenges faced by laid-off tech workers. #TechLayoffs #JobMarket #TechIndustry #Innovation...

#newstr #Microsoft #Layoffs #TechIndustry #Ai #JobCuts #CeoPay 

 https://here.news/story/fd36e319?ver=0.29 
 Microsoft Announces Layoffs Despite Record Third Quarter
===============	
#fd36e319 ver:0.29

Despite a record third quarter, Microsoft plans to lay off 1,000 employees, including its Mixed Reality group, due to increased expenses. Tech layoffs are at their highest since the 2001 dot-com crash, with over 50,000 positions slashed this year. Tech workers are exploring new opportunities outside the industry, seeking emotional support from communities like Xoogler. The job market remains competitive, with workers turning to LinkedIn and therapy for career transitions. The tech industry's instability has eroded its appeal, leading workers to question if it's still a 'dream job'. #TechLayoffs #JobMarket #CareerTransition...

#newstr #Microsoft #Layoffs #TechIndustry #Ai #JobCuts #CeoPay 

 https://here.news/story/fd36e319?ver=0.29 
 Tech Industry Layoffs Prompt Workers to Reconsider 'Dream Job' Status at Google, Amazon, and Microsoft
===============	
#fd36e319 ver:0.26

Tech industry layoffs are on the rise, with over 34,000 job cuts in January alone. Layoffs have hit major companies like Google, Amazon, and Microsoft, prompting workers to reconsider their "dream job" status. The job market is becoming more competitive, with lower salaries and demanding qualifications. Former tech workers have formed support communities like Xoogler, while others are exploring new career paths outside of tech. The instability caused by layoffs has eroded the appeal of the industry, leading to a drop in job applications. Despite this, in-office salaries are surging, reflecting the demand for physical presence. Layoff challenges include illegal severance agreements and difficulties for visa holders. The job hunt is tough, but job seeker confidence is rising. #TechLayoffs #JobMarket #CareerTransition...

#newstr #TechIndustry #JobLosses #Layoffs #Employment #DreamJob 

 https://here.news/story/fd36e319?ver=0.26