If you’re a US worker, it’s possibly the most wonderful nerve-racking time of the year. Corporate America is actively slimming down its workforce, leaving many IT pros wondering how they can prepare for layoffs. In October, Amazon announced it planned to cut its workforce by 14,000 roles. Other tech companies that have pared back workers over the last several months include Microsoft, Meta, Oracle, Salesforce, Dropbox, and a variety of startups. Wolfgang Bauriedel, a senior partner at organizational consulting firm Korn Ferry, told IT Brew that employees are anxious about their job security—and rightfully so, as investors continue to assess companies’ ability to integrate AI and debloat their businesses. “When I talk to CEOs in the sectors, they have strong mandates to reduce the overall workforce,” Bauriedel said, recalling a conversation with one life sciences company CEO who said they planned to downsize their 55,000-strong organization by 35,000 positions in the next 3–5 years. How IT pros can prepare for the worst.—BM |