Replace people with machines and especially those that have been there the longest who are getting paid more.
Eventually we will do universal basic income.
One main reason : THEY OVERHIRED after the Covid lockdowns
“....the roles and job functions most affected were within HR, which accounted for 28 percent of all layoffs”
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Can we hope these were the D.I.E. employees? Or did they fire the long-time HR employees who knew their job duties only to leave the D.I.E. employees in place to make sure that the tech companies continue to suppress any conservative content?
The day of the woke HR StormKarens has come and gone. The author is dancing around the fact that the tech industry is done playing games.
The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, And AmazonTrump.
Auto workers used to say before millions were laid off: So after I’m broke and can’t afford a car for my family and neither can the workers in the , stores and restaurants where I used to spend money just get the robots and the computers to buy them and drive them.
Oddly, self-driving cars are part of the dirty plan in the 2020s.
ChatGpt, as it imprives, will lessen the need for programmers and engineers. If I can just tell AI what I need and it do it, why do I need a programmer or an engineer to fix things?
ChatGpt, as it improves, will lessen the need for programmers and engineers. If I can just tell AI what I need and it do it, why do I need a programmer or an engineer to fix things?
28% released were HR? That is insane, being the HR depts exceed 28% to begin with. I’ve worked for large (100k+), small (<100) and medium sized (1000ish) sized companies for 40 years now and never heard of HR dept being more than 1-3% of the company. This is nuts if true. 28%. The only way that can be true is if their HR is stuffed with never/under-achieving do nothings to prove some feel good philosophy that has nothing to do with the actual business mission.
I blame the cost of The Rings Of Power.
Now that WE know that those companies have been highly paid (by our government) to perform all the extreme censorship they colluded with our government to execute, perhaps they see that income stream going away...
Hence, layoffs.
HR is non-revenue overhead. Plenty of companies outsource HR duties.
I concur that "less recruitment means less need for HR staff" - but wouldn't "laying off staff" conversely mean MORE need for HR staff?
Isn't firing someone as labor-intensive an activity for HR as hiring someone?
Regards,
And most or all of the layoffs are US citizens not imported H1B workers.
It is refreshing to see that HR took the biggest hit. HR is a non-revenue producing direct to the bottom line expense usually populated with folks who have a god-complex because their edicts are the last word. If you pi$$ off an HR person, innocent or not, your job is on life support. Get your resume’ in order.
HR is a curse on capitalism.
Elon Musk set the example. The others are following.
This comes as no surprise to anyone who can think. When you hire to satisfy DIE, you aren’t hiring based on knowledge, talent, ability, and work ethic.
-——hiring policies put in place since the pandemic.——
More likely, the growth projected was killed by President Joe Biden, a labor man totally ignorant of what makes the economy run
They witnessed the shift of advertising away from live television, watched viewer demand due to the Anti-Trump fueled news cycles, and thought they would cash in. Instead they lost money and now need to it scale it back.