Return to Office, Layoffs, Acquisitions,and Shareholder Accountability are dominating the worker-level discussions in early 2024. Let’s dig into what’s really happening.
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SHOW NOTES:
- Amazon’s Silent Sacking (blog) and Changelog podcast
- Signs it’s time to leave a company (Adrian Cockroft)
- Tech company layoffs in January
- Broadcom ends VMware partner program
WHY IS ALL OF THIS HAPPENING NOW?
- This is similar to the 2022-2023 transition (unexpected + fast)
- Companies are quick to cut and slow to restart/accelerate
- Companies often overestimate needs and under-estimate fixes
- There are new competitive dynamics happening all over tech
- There will be lots of bankruptcy and acquisitions in 2024
2024 WILL BE A YEAR OF ACCOUNTABILITY
- The pendulum of workers vs management is swinging back to management
- 15 minutes of “blame management” fame might be short lived
- Business doesn’t necessarily work like Reddit trends
- Focus on alignment to revenues, customer success
- Focus on results, not excuses
- Actively look for efficiencies and inefficiencies
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