#overhired — Public Fediverse posts

🚀 Oh, look! Another article predicting the #apocalypse of tech jobs because #AI is here to gobble them up like a hungry Pac-Man. 😂 Apparently, the "Measurers" are getting their revenge by laying off humans faster than you can say "overhired during #COVID." AI capex is the new flex, darling! 💸
https://www.hackyexperiments.com/blog/the-revenge-of-the-measurers #techjobs #layoffs #Measurers #overhired #HackerNews #ngated

Many of the world’s biggest #TechCompanies have been announcing #layoffs recently. Their explanation is usually that they #overhired and need to cut #costs. But #HarvardBusinessSchool professor Sandra Sucher says companies often underestimate the downsides.

Layoffs don’t just come with bad publicity: they lead to weakened #engagement, higher #turnover, and lower #innovation as remaining employees fear #RiskTaking.

https://hbr.org/podcast/2023/02/why-many-companies-get-layoffs-wrong