news

the global large enterprises are intensifying the "downsizing"

2024-09-03

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

after experiencing a brutal wave of layoffs in 2023, global growth, including in the united states, has slowed, and large multinational companies have continued to announce further layoffs this year.

according to media reports, goldman sachs plans to lay off 1,300 to 1,800 employees worldwide during its annual review, eliminating underperformers, which is expected to affect 3% to 4% of its total workforce. goldman sachs' move is by no means an isolated case. as of the end of august, dozens of companies and institutions have announced layoff plans, from technology giants such as tesla, google, and microsoft to financial institutions such as goldman sachs, morgan stanley, citigroup, and blackrock, to consumer companies such as nike, sony, and dell.

according to a survey conducted by resumebuilder on 900 business leaders at the end of last year, nearly 40% of business leaders expect to continue to lay off employees this year. among them, half of the respondents said that concerns about economic recession are the reason for potential layoffs. another major factor mentioned by the respondents is artificial intelligence (ai). about 40% of the respondents said that they will lay off employees while replacing some employees' jobs with ai.

observers said that although the us economic growth data in the second quarter of this year was better than that in the first quarter, the slowdown trend in us economic growth was still obvious compared with the second half of last year, especially the slowdown in the growth rate of personal real disposable income to 1%, which means that the future consumption capacity of americans will be affected. regarding the high interest rate issue in the united states, federal reserve chairman powell "dovish" in his speech at the jackson hole global central bank annual meeting, saying: "the time for policy adjustment has come."

technology companies are the hardest hit