What We Can Learn From the Major Tech Layoffs Across the Corporate Spectrum
In recent news, Amazon has reportedly made plans to let go of 10,000 corporate and tech employees, about 3% of white-collar staff. According to Financial Post, in addition to laying off workers from the company’s devices unit, which houses voice-assistant Alexa, the number of layoffs remains uncertain.
With news of these major tech layoffs happening across the corporate spectrum, Chief Digital Officer, at Peterson Technology Partners, Tulika Mehrotra Chopra gives her comment on what headlines we should focus on.
Tulika’s Thoughts:
“While the layoff headlines are alarming, I would say that this is a time for opportunity. IT still needs talent for cybersecurity and data science, AI and growth sectors like Green Tech are taking off, and some VCs are starting to take note of talent who may be interested in starting new ventures and investing in reinvention.
Northwestern has just waived test requirements for MBA candidates, and something to remember for both employers and employees is that this is cyclical and it is the driver of all future.”
Latest
Thanksgiving Holiday Weekend Proved the Omnichannel Customer Has Fully Matured
Now widely reported, last weekend’s Black Friday and Cyber Monday sales were record-breaking on all accounts. Nearly 200 million customers hit physical retail stores over the Thanksgiving holiday weekend according to NRF, a feat all of its own and a validation of the brick & mortar store in an age of omnichannel sales strategy. […]
Consumers Seek More Value from Travel and Hospitality
A recent report from PwC suggests that revenue for hotels will continue to go up over the coming months. This is great news for hoteliers who survived the 2020 pandemic and are looking to recoup costs. What’s more, studies also suggest that customers are happy to pay for these increased prices, even at inflated rates. […]
Are Colorado’s Crafty Healthcare Incentives an Effective Strategy to Lower State Care Costs?
Colorado has some of the most expensive healthcare in the U.S., which already spends more than any other country on administering healthcare. Some studies place it in the top half of most expensive states for care in the U.S., while others place it in the top 10. In 2018, for example, Colorado’s average price per […]
