The Great Resignation Hangover: When Quiet Quitting and Layoffs Collide
Remember the Great Resignation? That heady time when employees, emboldened by a hot job market, ditched their jobs in droves seeking greener pastures? Well, the party seems to be winding down. The whispers of “quiet quitting” are being drowned out by the very loud reality of layoffs sweeping across industries. So, is the pendulum of power swinging back to employers?
From Hashtag to Headlines: The Changing Landscape of Work
The pandemic triggered a seismic shift in the employer-employee relationship. Burnout soared, priorities shifted, and suddenly, the traditional workplace seemed woefully inadequate. “Quiet quitting,” a term that gained traction in 2022, encapsulated this growing sentiment. Employees weren’t necessarily quitting their jobs, but they were mentally checking out, doing the bare minimum, and setting firmer boundaries.
Fast forward to 2023, and the economic landscape is looking decidedly different. Inflation is biting, recession fears loom, and companies, especially in the tech sector, are tightening their belts. The result? Mass layoffs. The very companies that were struggling to retain talent are now showing employees the door.