As recession fears rise, companies are discarding perks and adopting stricter policies such as return-to-office mandates and layoffs of low performers. The current economic climate allows corporations to cut costs aggressively, often at the expense of employee satisfaction. Although unemployment remains low, the job market has become increasingly challenging for workers, leading them to tolerate unfavorable work conditions. Major companies, including Uber, have noted that their policy changes could lead to employee resignations, demonstrating the conflict between worker retention and corporate profitability in today's economy.
When Monday morning rolls around, you may be feeling a lot like Garfield; that's kind of the point. In recent months, BI has reported on a litany of changes that companies are making to performance reviews, return-to-office mandates, middle management, and compensation structures that have office workers feeling like the grumpy orange cat about their jobs.
The good news is the economy is still really strong. The job market is strong. People who work at Uber, they have lots of opportunities everywhere.
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