Tech layoff

‘Resenteeism’: Employees Hate Their Job, But Fear The Economy To Leave

Credits: Elisa Ventur/ Unsplash
  • “Resenteeism” is poised to join the worker’s lexicon alongside “quiet quitting.”
  • It describes being openly apathetic about work but reluctant to quit given fears over job security.
  • two-thirds of Americans in a Politico-Morning Consult poll in November said they thought the US was already in a recession.

People hating their job isn’t new, but some are getting more vocal about it. RotaCloud, a staff-management software company, is calling it “resenteeism,”...

https://mfame.guru/resenteeism-employees-hate-their-job-but-fear-the-economy-to-leave/

Yahoo Becomes The Latest Entrant In Tech Layoffs Spree

Credit: Jaimie Harmsen/ unsplash

Yahoo plans to lay off more than 20% of its total 8,600 workforce as part of a major restructuring. The veteran tech company is reorganizing its advertising unit, which will lose more than half of the department by the end of the year.

Latest In The Line

Nearly 1,000 employees will be affected by the cuts by the end of the week. Yahoo is the latest tech firm to announce job losses as firms struggle with a downturn in demand, high inflation and rising interest...

https://mfame.guru/yahoo-becomes-the-latest-entrant-in-tech-layoffs-spree/

Silicon Valley’s Job Cuts Are Everybody Else’s Gain!

Credits: @felipepelaquim/ Unsplash
  • The headlines out of Silicon Valley are enough to send shivers down the spine of any tech worker.
  • Layoffs and hiring freezes have happened at companies of all sizes but hit Big Tech especially hard.
  • Online shopping, the rise of cloud computing, and the demand for mobile apps have led just about every industry to embrace tech.

The bad news: The pandemic-fueled hiring spree across Silicon Valley — which allowed the tech giants to grow beyond their means — has...

https://mfame.guru/silicon-valleys-job-cuts-are-everybody-elses-gain/