Amazon, Twitter and Others Tap Brakes on Hiring

Amazon, Twitter and Others Tap Brakes on Hiring

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current trends in the labor market, highlighting how companies like Amazon are responding with hiring freezes and workforce reductions. It explores various strategies for reducing staff, such as attrition and performance reviews, and examines the concept of stealth layoffs. The impact of transparency laws on job postings is also covered. Additionally, the video addresses changes in severance packages, noting that while executives may still receive generous packages, middle managers and rank-and-file workers are likely to see reductions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some ways companies are reducing their workforce without layoffs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the approach to performance reviews changed in companies like Goldman Sachs?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do New York State transparency laws have on job postings?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are 'stealth layoffs' and how have they been observed in the job market?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How are severance packages changing for middle managers compared to CEOs?

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