President of Flatiron Software Co. Read Kirimgeray Kirimli's full executive profile here.
, with Amazon shedding 27,000 employees, Meta cutting 21,000 and Microsoft slashing 10,000 positions between 2022 and early 2023. As we enter 2024, the trend continues, with overThese layoffs are not merely numbers on a balance sheet; they signify a deeper shift in the tech industry's dynamics. Questions arise as to what drives these decisions.
Even if they continue to remain employed, the lingering uncertainty and perception of inequity can gradually erode their commitment and motivation. They may feel their efforts go unnoticed or unappreciated, leading them to silently disengage—a phenomenon often referred to as" It's crucial to assess the work process as a whole, not just during one or two periods of the year, but consistently. Data-driven assessments can provide a more objective basis for decision-making, allowing organizations to identify trends, measure progress and make informed decisions about resource allocation and talent development strategies.
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