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The Impact of "Quiet Cutting" on Business Acumen

There is a new phenomenon sweeping the corporate landscape. Companies are reassigning workers to new roles and leaving it up to them to figure out what to do next. It works like this; one day, you get an email that your current job role has been eliminated, but you haven’t been fired. You have a new role, most likely a hybrid role of doing 100% of two other jobs that have been vacant or are important enough to shift resources toward. These changes leave managers and employees confused, angry, and checked out.

Welcome to the concept of “Quiet Cutting.” This concept is an offshoot of the “Quiet Quitting” movement where workers quit their companies and hang around long enough to get paid a good salary while they find a new job which only lasts for 9-12 months until they silent quit again or they are terminated for poor performance.

Quiet cutting effectively allows companies to cut jobs, trim costs, and reorganize without actually laying off workers.

Forbes Magazine has been keeping a running list of all the companies that have been doing restructurings (including layoffs) during the year and it includes IBM, Adobe, BioGen, Salesforce.com, and many others.



This post first appeared on Advantexe Advisor, please read the originial post: here

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The Impact of "Quiet Cutting" on Business Acumen

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