If ROI isn’t your North Star, your career is probably a ticking bomb.
The job market was led by a decade of moving up and to the right, in an unusually healthy economy.
But economies go through cycles, moving between recessions. It’s always a matter of time before a recalibration.
No matter if job cuts or restructuring is announced by CEOs, or boards, or led by investors, or syndicates, or governments. It’s always tied to performance data and returns.
(And you’re very unlikely to hear about strong units and hardworking teams focused on profitability and positive cashflow, working on-site, in growing industries, who are accountable and reachable.)
You can pinpoint layoffs to YoY quarterly performance, especially obvious for public companies like Meta and Amazon above (snapshots from Macrotrends net).
