from layoffs to take-off

economic uncertainty is forcing the tech sector to make workforce changes

The tech sector is facing a period of significant uncertainty that could have profound implications for employees. The pandemic boom has being followed by an economic downturn that is forcing business leaders to re-balance their workforce – including layoffs.

This guide discusses some of the challenges faced by the tech sector and explores the most effective ways to develop your workforce to meet the needs of your business and its people. You will discover:

• the industry big picture
  What is happening to the tech sector – and what is the employment outlook.

• alternatives to layoffs
  Layoffs are a way to reduce costs, but there may be other options that offer better long-term outcomes for your business.

• the importance of empathy
  Layoffs tend to be pragmatic, a financial decision undertaken for the good of the business. But it is also very important to consider the needs of the individual during the process.

• layoffs done right
  Letting people go can have profound implications – particularly if the process is mishandled. This is your checklist for approaching layoffs the right way.

• reputation and long-term considerations
  Corporate reputation is hugely important for attracting the brightest talent. This is what you must do to protect it.

In-depth and practical, this report will help decision-makers take important cost-cutting measures that respect and value outgoing employees and protect your brand image.