Posted on 12/27/2023 5:45:37 PM PST by Lazamataz
Mass layoffs are in store for 2024, and it might end up affecting nearly half of companies, according to a new poll.
That's the latest information from a Resume Builder survey, based on responses from more than 900 companies this month. Resume Builder is a professional platform that allows users to create resumes in just a few steps.
In the survey, nearly four in 10 companies said they are likely to have layoffs in 2024, prompting increased fears of a recession around the corner. More than half of companies also said they plan to implement a hiring freeze in 2024.
When asked why the companies were engaging in the layoffs, half said the anticipation of a recession was a reason. Meanwhile, a little less, four in 10 said they are going to lay off employees and replace workers with artificial intelligence (AI).
The news comes as Google is reportedly gearing up to lay off 300,000 employees in its ad sales units in favor of AI ad tech.
In 2023, 65 percent of business leaders said their companies already had layoffs, with 25 percent saying they laid off 30 percent or more of the workforce.
In 2024, substantial numbers of the workforce may be let go as well, as 22 percent of the companies who plan layoffs in the new year said 30 percent or more of their staff would be fired.
(Excerpt) Read more at msn.com ...
Yep
“The news comes as Google is reportedly gearing up to lay off 300,000 employees in its ad sales units in favor of AI ad tech.”
That’s a lot of layoffs, especially when Google has ~190,000 employees.
Right link to Newsweek:
https://www.newsweek.com/mass-layoffs-happening-2024-hiring-freeze-1855942
Dang Microsoft.
Have a Holly, Jolly Cloward-Piven New Year!
Rat-Santa’s gonna run out of presents in his bag he promised for all of the needy children (and moms and fighting-age males arriving like a flood.
Our WEF and Atlantic Council betters will have a merry time trying to portray Carter era interest rates and Roosevelt era unemployment as a way to bring everyone together for a common cause. (like eating and staying warm). Good Times - to people like Barry Soetoro.
None of those about to be laid off do any work.
Re: 4 - nonsense! Let the fear wash over you!
That’s a lot of layoffs, especially when Google has ~190,000 employees.
I saw elsewhere (another thread, I think) that the number is 30,000. Incompetent author or editor (or both).
But, but, but...Brandon assures us he executed the PERFECT soft landing! There's no recession on the horizon.
With these and Jo Jo the Smoking Chimp’s 10 million illegal boater voters, America is going to have one hell of an unemployment rate. I wonder if Trump really wants the Bidenskyyyy/Harris Sh*t Sandwich.
That’s for sure
I’m trying to get my cars fixed so I can at least work part time
Meanwhile the Disastrous Joe Biden Administration continues to destroy America
“We are all so screwed.”
Yep, 2024 is going to be a lot worse than 2023.
Yeah, meanwhile the border looks like a Boston Marathon of millions heading north. Very evil stuff brought to you by people with bad intentions.
We have paid off everything except the $140k mortgage on our house which is at 2.6% interest.
Google is reportedly gearing up to lay off 300,000 employees
couldn’t happen to a better batch of leftists
How about a Tariff on offshore IT contracts and instead encourage made in the usa Technology, Software, and Software Professionals! It would be a sea-change for our economy.
Then we’ve got the Squawd squaws telling us nobody witnessed Joe Biden committing his crimes so we can’t impeach him. Nobody witnessed President Trump committing any crimes either. Time to lighten up with this DOJ Lawfare BS.
My wife and I are fighting for the next generation and those to follow.
They will hear the truth - will they listen? We will see...
Our nation pays penalties in many ways bringing in Indian workers. Their 'moral' code has no issue with lying, cheating, and laziness.
After more than 35 years in IT I can count on two hands the number of exceptional Indian IT workers I have worked around.
The number who are crap number in the thousands.
I could tell many stories of interviewing Indian candidates over the phone and catching them blatantly cheating in their interviews - to the point where I started asking them who won the World Series in baseball for a given year and their off-camera answer provider would look it up...
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