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Indeed is currently one of the most widely used job search platforms in various parts of the world.
As of today, there are already 150,000 layoffs since January last year, according to data from the specialized website Layoffs.fyi.
In Mexico, it is expected that it will be until the last quarter of 2024 when theInflation returns to the 3 percent target.
Adding to the list of companies that have massive layoffs in 2023, Indeed, the platform to find employment, paradoxically, announced the layoff of a total of 2,200 workers.
The beginning of 2023 has been, in many ways, very scattered, because on the one hand, everything indicates that this is the year in which global society says goodbye to Covid-19. In fact, a survey carried out by Ipsos places the virus in the 12th place of the most worrying issues in the world today.
However, we are talking about a context in which, as a result of the health emergency and the war between Russia and Ukraine, the issue of inflation continues to have various effects throughout the world.
In Mexico, in fact, it is estimated that, for this year, inflation will be 7.5 percent during the first quarter of the year; for the second quarter, it is expected to drop to 5.9 percent. On the other hand, the Bank of Mexico suggests that for the third and fourth quarters of this 2023, inflation will be 4.8 and 4.2 percent, respectively.
Under this framework, It is expected that it will be until the last quarter of 2024 when theinflation returns to the 3 percent targetbeing this what worries society in general the most.
However, as we will well remember, since the last quarter of last year and at the beginning of 2023, various companies in the technology sector announced massive layoffs, thereby generating a crisis that we are still experiencing today.
Indeed, the job search app, lays off 2 thousand workers
As of today, there are already 150,000 layoffs since January last year, according to data from the specialized website layoffs.fyi, being the United States the country where, mainly, this series of massive layoffs has occurred in large companies, among which are Meta, Amazon, Twitter, Salesforce, among others. And, to tell the truth, in that country, workers are less protected in terms of labor legislation, compared to what happens in Europe.
Now, as part of the crisis that started at the end of 2022, the job search platform, indeed, is the one that, paradoxically, has just announced the dismissal of some 2,200 workers.
To tell the truth, this is news that talks about the seriousness of the context suffered by companies in the so-called post-pandemic and inflation era. Chris Hyams, CEO of the company, mentions this in a statement he shared regarding the decision to lay off, stating that the volumes of sponsored jobs fell by up to 33 percent year-over-year, while total job offers fell 3.5 percent.
“With future job openings at or below pre-pandemic levels, our organization is simply too big for what lies ahead. We have endured longer than many other companies, but the revenue trends are undeniable. So I have decided to act now.”Hyams wrote.
In addition, it has been revealed that the employees were notified by email, where the subject of the same was entitled: “Your position has been affected” or “Your position has not been affected”.
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