23 people at Zillow? I don't understand why that made news. But man that sucks for those 23 people.
(disclosing bias, contributing to tech organizing efforts and scholar of the macro)
Can you elaborate on this?
CEOs collectively saying "you must return to office because we say so" driven by feelings, status, etc with media doing the PR lifting.
That hasn't really been my experience at companies I've worked at which experience layoffs. There's a huge morale hit from the layoff and survivors soldier on, but certainly not with renewed pep.
can confirm here too, myself included.
From my experience it's quite obvious that people with families amidst layoffs and a difficult job market will work harder (or look like they are) to ensure they keep their jobs.
This is no longer a worker's market, meaning your labor has been devalued and competition has increased. Increased globalization and rising unemployment rates (latest report has a .5% increase) will spell disaster for those of us who keep the same attitudes we enjoyed the last couple decades. I'm just a worker like most people on here, but I'm really steeling myself for what's to come. I don't think now is the time to sit on your laurels and hope that your tenure is enough to keep your job around.
That is never the case. You get the desperate types sucking up to management more perhaps. And people complain less about the snacks in kitchen. But people who already deliver start biding their time, looking around, and do the minimal needed to look acceptable.
“noting the layoffs were not necessarily cuts in total head count.”
The devil is in the details and I know I’m way too lazy to go through all that paperwork and find out. Looks like everyone else is too. :)
Like how Bill Gates amd Steve Balmer used to tell Wall St how bad things are.