The world is witnessing massive job losses in 2023, with tech-based companies being particularly impacted. Many organizations are announcing their intentions to lay off more staff, with the common reasons cited as the pandemic boom, over hiring during the pandemic, fear of recession, and inflation. Cost-cutting, subpar performance, and financial difficulties are also contributing factors to the widespread layoffs affecting almost every sector, particularly the IT industry.
Kevin Brtiz and Craig Page-Lee, hosts of our weekly Marketing & Leadership show, every Thursday on www.ebizradio.com, delve into why we are seeing such big lay-offs, particularly in the IT sector, and the impact this is going to have on the marketing industry, among others.