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Tag: hr

Tech sector layoffs hold sobering talent management lessons for HR

Written by STEP Software on . Posted in Blog. No Comments on Tech sector layoffs hold sobering talent management lessons for HR

HIGH-PROFILE JOB CUTS Meta eliminated about 13% – or 11,000 – of its salaried workforce. Salesforce pared 2,500 from its payroll, and Snap sent 6,000, of its employees packing. And even Microsoft and Amazon have been eliminating corporate roles through both layoffs and corporate attrition. Here in Canada, where STEP Software is based, Shopify, Hootsuite, and Wealthsimple have all made major headcount reductions in recent months` While these numbers are certainly eye-opening, they don’t come out of nowhere. We see three basic factors at play here: 1 – It’s part of...

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Why Quiet Quitting is especially worrisome in tech

Written by STEP Software on . Posted in Blog. No Comments on Why Quiet Quitting is especially worrisome in tech

LET’S DEFINE IT Quiet quitting is loosely defined as a state where workers continue to do their job and meet established expectations, but instead of going above and beyond by working evenings and weekends to get ahead, they’re instead sticking only what’s in their job description, and clocking out at 5 p.m. to spend more time with their families. While there’s ample debate over exactly what quiet quitting is, and why it’s happening, there’s growing consensus that it’s a response to decades of an advance-at-all-costs business culture that has allowed companies to squeeze...

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