Job Crisis Explained: Causes, Impact, and Future Outlook 📉 💼 | 2024 | Case Study

Aditya Shelar
Aditya Shelar
613 بار بازدید - 5 ماه پیش - In 2023, over 1,000 tech
In 2023, over 1,000 tech companies implemented mass layoffs, resulting in more than 250,000 job losses, with industry giants like Accenture and Google making significant cuts. But what led to this crisis, and how long will it last? Join us in today's video as we delve into the roots of the job crisis and its implications.

We'll uncover the role of consultancy firms in exacerbating the situation, exploring how companies turn to consultants like Mr. Consultant from Staykinzee for solutions, often resulting in layoffs as a cost-cutting measure. But the story begins with the onset of the COVID-19 pandemic.

As economies came to a standstill, governments worldwide, including the US and UK, responded with massive relief packages to revive economic growth. However, the influx of liquidity led to inflationary pressures, prompting governments to intervene.

Learn how interest rate adjustments and investment strategies aimed to curb inflation impacted job markets and company profitability. Discover the ripple effects of cost-cutting measures and the rise of AI-driven efficiency on employment dynamics.

Will 2024 bring relief to the job market, or are we in for more challenges? Stay informed and prepared as we navigate through these uncertain times together.

YT Chapters-

00:00 - Intro
01:24 - Screenshot (IIM Lucknow)
02:04 - My attempt at humor
03:30 - Story begins...
04:18 - Analysing relief packages
05:15 - What is inflation
06:10 - Spiral effect on interest rate
07:45 - Impact on investment cycle
08:25 - impact on profitability
09:07 - Analysing IT sector
10:26 - How long will it go?
11:52 - How to survive and grow?
12:10 - Artificial Intelligence
12:42 - Sustainability, ESG, Climate Risk
13:00 - Entrepreneurship
13:30 - Conclusion

#TechLayoffs #JobCrisis #EconomicRecovery #ConsultancyFirms #COVID19Impact #Inflation #AI #FutureOutlook 📉💼💡
5 ماه پیش در تاریخ 1402/11/22 منتشر شده است.
613 بـار بازدید شده
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