Google joins the pack on making mass firings meaning ALL big Tech as removed around 9% of their workers
No wonder Gen Z are cynical about giving any loyalty to a company. In good times they get hired in bad times they get fired!! WHY should they be loyal, the Big tech companies have not shown any loyalty to them?
Tech companies of all industries should have improved productivity by innovation and new businesses not just hired more heads, to fire them 18 months later!! Business leaders should anticipate higher interest rates, higher inflation, so that people can smoothly transition rather than hire and fire !!
IMO it's not easy to build a culture if business leaders can not anticipate business cycles better than indicated with today's leaders. Don't get me wrong, I am not against removing / reducing headcount in tough times to save the overall business but today's leaders criticize loyalty and this hire and fire cycles are totally opposite to performance culture.
Nonsense.
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