Insights on Corporate Talent, Learning, and HR Technology
As most of you know, the technology industry has laid off more than 200,000 people in the last six weeks and each week we see more (this week it was Intel, Paypal, Splunk, and Pinterest). So let me ask an important question: were all these layoffs inevitable?
Well in order to answer this question we ... Read more»
More layoffs, more worries about the economy, and lots of discussions of “Quiet” things: quiet quitting, quiet firing, and quiet hiring.
In this podcast I recap the first week of the year, discuss these issues, and give you a sense of what it all means. I also discuss the latest about the economy, the enormous ... Read more»
This was one of the most chaotic and “news-filled” week we’ve had in a while. In this podcast I want to recap what happened and give you some perspective. The bottom line is that most of these stories are about trust, leadership, and the need to invest in people. (Of course I want to tie ... Read more»
Time to talk about layoffs, a topic nobody likes. And while you may consider layoffs a “case of bad management,” let me convince you otherwise. In some sense they’re just a fact of life, and often we simply need them. Here is my argument.
The Growth Cycle Of A Business
Companies, like people, go through ... Read more»
Layoffs are simply a part of business. Over the years there have been millions of workers let go and it’s always a difficult, painful process. In this podcast I give you my perspectives on the process, the role leadership must play, and how to deal with the topic if you are the one losing your ... Read more»
Despite the biting headlines about the stock market correction and possible economic slowdown, one thing is very clear. Jobs are being created.
This week’s BLS study shows that the US unemployment rate remains very low at 3.6% and is 2.2% lower than a year ago. In other words, companies are hiring.
EMSI believes there are ... Read more»
It has been a decade since I’ve written about this, but the time is coming. Companies are starting to lay people off again. Not only Tesla, but hundreds of tech companies are announcing force reductions, so get ready for more. (You can now go to Layoffs.fyi and actually monitor this in real-time.)
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In many cases, ... Read more»
Over the last two weeks I”ve talked with more than a dozen HR Tech companies that decided to lay off a large percentage of their workforce, and a new article in the WSJ lists dozens of Silicon Valley tech companies letting thousands of people go.
To me, this is another dimension of The Big Reset... Read more»
In the last 6 weeks three of my closest friends have been laid off from their positions, and each case gives an example of how difficult it is to manage such programs effectively. Our research report The Manager’s Guide to Successful Downsizing highlights many of these topics in detail, but let me give a few ... Read more»
Here we are entering the worst recession in more than 30 years, reading about layoffs, downsizing, and restructuring in almost every industry. So why would I start our 2009 research with a discussion about the need to focus on recruiting? Well, contrary to what many may believe, even in times of job reductions recruiting must ... Read more»
Our soon to be published research on corporate L&D spending in 2008 shows a definite slowdown in spending on corporate training. (An 11% drop!) This is certainly not a surprise – in August our research panel shows that today’s corporate talent managers cite “a need to reduce costs” as their #1 business challenge (54% of ... Read more»
