1/6 Today’s talent landscape is unlike anything we’ve seen before. We’re dealing with high levels of resignations at the same time as multiple rounds of layoffs on top of two years of a global pandemic.
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2/6 We are in the eye of the storm, so that makes this particular moment for talent and recruitment that much more unique and challenging.
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3/6 A new report from Gartner estimates resignations in the U.S. will jump nearly 20% this year from a pre-pandemic annual average of 31.9 million employees quitting their jobs to 37.4 million in 2022.
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4/6 At the same time, companies like Meta and Twitter have publicly announced hiring freezes. Meanwhile, over 20,000 tech workers have lost their jobs this year, according to the aggregator site layoffs.fyi.
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5/6 So, what do you need to do as a founder to survive? Our recommendation is to scenario plan with your leadership team, and re-prioritize the most important thing on your company’s roadmap.
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6/6 Our president Jen Wolf & principal Kat Steinmetz share their advice on how to conserve capital during a downturn, retain your star employees by keeping morale high during periods of uncertainty, and deliver layoff news to your employees.
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