Chip Cutter

speaker

1,085 appearances 18 recordings 1 series first heard Aug 2019 last heard Sep 2024

Chip Cutter’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Companies Shedding Workers, but Avoiding ‘Layoffs’ · 1 Mar 2023 podcast

Employees may feel less wronged if they sort of willingly choose to go somewhere else versus being subject to a layoff that forces them out the door. matched

The balance is changing once again, particularly at white collar companies. matched

CEOs and other executives do feel like the labor market is shifting a bit. matched

and that they're able to impose some of their own preferences on the workforce. matched

So we see that in some of the return to office announcements, for example. matched

Companies like Disney and Amazon have recently put out edicts saying that workers will be required in the office a certain number of days a week. matched

And so these are all signs that companies now feel a little more emboldened to push for changes that they may have wanted earlier in the pandemic, but felt they couldn't do because they were so nervous about losing people. matched

If bosses feel like the labor market is softening a bit now, they may not just be as concerned that any of these moves might cause people to quit. matched

Most of the reductions have come from the tech sector. matched

We've seen just so many tech companies, which expanded so much in the pandemic, start to sort of pull back a little bit, slow hiring and have these layoffs. matched

But we are seeing layoffs. matched

trickle into other parts of the economy too. matched

We've seen manufacturing companies, we've seen big consumer names, retailers, and others announce layoffs. matched

So it's not just limited to tech at this point, but tech certainly has gotten the most attention. matched

You're welcome. matched

Thanks for having me. matched

WSJ Your Money Briefing · Bosses Want Workers Back in the Office. Can They Force You to Return? · 6 Sep 2022 podcast

We have seen this message before. voice-verified

A lot of companies last fall really hoped they'd be able to get people back, and it didn't work. voice-verified

We haven't seen office occupancy really budge beyond even 50%. voice-verified

While many executives say with school back in session and the weather still warm in many places, a post-Labor Day return is really their best hope at getting workers back in an office before the fall and winter holidays. voice-verified

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