This year has already brought 70 force-outs in all through July 31, according to exechange.com. However, data shows that female CEOs have shorter tenures and are more likely to be forced out than their male counterparts.
Many businesses are reacting to rising costs by holding back on their workforce. While lower numbers may look good on paper, the negative impact will materialise as workers report burn-out, lower productivity, and absenteeism.
Desmond notes that while clients are aware of potential tariff impacts, they are currently treating the situation as business as usual, especially in the digital ad space.