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The decision of Zoom makes us consider INEGI figures, revealing the labor situation in Mexico.
As Zoombig tech like Google, Amazon and Facebook have announced massive layoffs.
Inflation has led huge tech companies to make sweeping human resource decisions.
Zoom is considered as the apps hero of home officebut that magic ended, now that he announced the dismissal of more than a thousand employees, thereby imposing a new economy.
This has undoubtedly marked a very important resource and that is knowing the reasons that huge companies use to get rid of talent.
If we see the figures of the National Occupation and Employment Survey (ENOE)more than 980 thousand people were fired or the contract was no longer renewed.
“Of the total of 1.9 million unemployed in Mexico as of the second quarter of 2022, approximately half were without work because their previous contract had ended or had been terminated. In addition, 179,000 unemployed had no work experience.
Layoffs on Zoom
Zoomthe platform that saved many in health contingencies, by helping them work in the home office format and that even led to the creation of vacancies such as Zoom transmission technician, announced the dismissal of 1,300 employees.
The news was released this Tuesday, with which the video call company got rid of 15 percent of its workforce and the message of the CEO of Zoom, Eric Yuancould not have been less hopeful, since he warned in a blog post, where he warned that after emerging from the pandemic, the company now needs to adapt to the economic instability that prevails in the area.
In his position, Yuan himself has also accepted his own sacrifices, such as reducing his salary by 98 percent in the next fiscal year, in addition to announcing that he will repudiate his 2023 bonus.
“We work tirelessly and improve Zoom for our customers and users. But we also made mistakes (…) We did not take as much time as we should, to thoroughly analyze our teams or assess whether we were growing sustainably, towards the highest priorities”, explained the CEO of Zoom.
Zoom joins the list of companies that have forced their employees to leave in search of a job opportunity, after going viral with the series of massive layoffs they have carried out, with statements by the CEOs or founders of such companies, as occurred with mark zuckerbergwho after announcing massive layoffs at his company, took responsibility for the incident, calling it a move he regretted making.
The challenge of managing talent today has driven very rich trends on how to balance the demand for talent with the opportunities that are generated. Many companies like AmazonAfter carrying out massive layoffs and regretting them, he argued that despite the purge of talent, he would continue to carry out strategic hiring.
This announcement occurs at a time when we see new technologies attracting attention, such as conversational chatbots and everything related to these developments, as well as an evident demand for professionals with the ability to maintain the new business proposal in operation.
What we can learn from these situations is that important tasks have been imposed in the industry and talent must have the ability to understand them, where updating plays a key role in achieving expected results.
