Recent reports from Amazon and Google have fueled speculation that they will lay off employees in the second quarter of 2024. As a result, it is now necessary for all employees to improve their skills in order to stay with a company in the long run, which is surprising given that, even in the past, several companies laid off thousands of employees all over the world.
The reason for the recent occurrence is due to a lack of resources available to the company’s HR department, and in order to expand their businesses and provide affordable read prices to consumers, it is unavoidable for the companies to lay off employees in order to survive in the evergreen market.
As a result, if we look at this situation from the perspective of the employees, it is critical that they upgrade their skills and become irreplaceable in the market.
The government has now requested that all Google employees and officials receive a reality check and be compensated for their recent layoffs. As of now, it is unclear how many employees Google and Amazon will lay off, but it remains a significant challenge for the tick industries and all employees seeking jobs in the IT industry, particularly in the United States.