Tech Layoffs and the $2.56 Billion Workforce Analytics Boom

Tech Layoffs and the $2.56 Billion Workforce Analytics Boom

Workforce Analytics Market to Soar by $2.56 Billion by 2028

Driven by the need for efficient workforce management and recruitment solutions, the global workforce analytics market is set to expand rapidly. Despite challenges like a skilled workforce shortage, major players like Accenture , SAP and Oracle are leading the charge with innovative solutions.

Read the full report for more insights.

Intuit Cuts 10% of Workforce, Targets AI Growth

Intuit lays off 1,800 employees, including executives, to focus on AI-driven product development. CEO Sasan Goodarzi emphasizes the shift is to reallocate investments, not cut costs, aiming to bolster engineering, product, and sales divisions.

Read the full story here .

Evolving Work, Stagnant Laws: Time for Change

Shane Jackson highlights the legislative challenges facing the gig economy and staffing industry. With gig workers projected to comprise half the workforce by 2027, Jackson calls for modernized regulations and worker-centric safety nets to address the changing workforce dynamics and labor shortages.

Read the full article for insights on proposed changes.

FTC Blocks Big Deals: Biden Era Merger Crackdown

Eric Revell reports on the FTC's aggressive stance on mergers and acquisitions under the Biden administration. Aiming to enforce antitrust laws, the FTC has blocked or challenged several high-profile deals:

  1. Albertsons and Kroger - $24.6 billion
  2. Microsoft and Activision Blizzard - $68.7 billion
  3. Mattress Firm and Tempur Sealy - $4 billion
  4. Tapestry and Capri - $8.5 billion
  5. Amazon and iRobot - $1.4 billion (abandoned)

Explore the full article for detailed insights.

Ohio Launches 'Join the Blue' for Law Enforcement Recruitment

Ohio Lt. Gov. Jon Husted and Ohio DPS Director Andy Wilson unveil LawEnforcementJobs.Ohio.gov to address police staffing shortages. The site, featuring over 900 job postings, is part of the "Join the Blue" campaign, backed by $100 million in state funds to support first responders.

Find out more about this new initiative here .

Robert Walters Unifies Brands into One Global Powerhouse

UK recruitment firm Robert Walters Management de Transition consolidates its three brands—Robert Walters, Walters People, and Resource Solutions—into a single entity. This move aims to streamline their services in a changing global landscape, offering comprehensive talent solutions.

CEO Toby Fowlston stated, “In this increasingly complex world, we want to make our clients’ lives easier. By combining our complementary expertise, products, and services, we offer end-to-end talent solutions across the 31 countries we operate in.”

Learn more about the rebranding and new services here .

2024 Media Job Cuts: CNN Slashes 100 Jobs Amid Ongoing Industry Layoffs

The journalism sector continues to shrink, with significant job cuts in 2024. CNN announced a 3% workforce reduction, contributing to the ongoing trend of layoffs across the industry.

Monthly Breakdown of Media Layoffs:

  • January: 980 job cuts
  • February: 615 job cuts
  • March: 30 job cuts
  • April: 77 job cuts

Explore the full article for more details.

Labour's Bold Employment Law Reforms: What to Expect

The new Labour Government is set to introduce groundbreaking employment protections within 100 days, aiming to future-proof workers' rights.

Key Reforms:

  1. Day One Unfair Dismissal Rights: Unfair dismissal rights from the first day of employment.
  2. Statutory Sick Pay: SSP eligibility is extended to all workers, with no waiting days.
  3. National Minimum Wage: All workers over 18 receive the full National Living Wage.
  4. Flexible Working: Flexible working becomes the default unless impractical.
  5. Zero Hours Contracts: Ban on exploitative zero-hours contracts.

Consultations with businesses and civil society will precede these changes, ensuring comprehensive and balanced legislation.

Learn more about these game-changing reforms here .

MSPs Face Talent, Cybersecurity, and Competition Challenges

A Canalyse S.A. survey reveals that managed service providers (MSPs) and managed security service providers (MSSPs) grapple with talent acquisition, evolving cybersecurity threats, and intense market competition. Robin Ody of Canalys highlights the persistent skills gap, emphasizing the need for training and upskilling. MSPs that invest in their teams and cybersecurity measures perform better and are better prepared for future threats.

Learn more about the challenges and strategies for MSPs in the full article .

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