🔚 A Wave of Tech Layoffs in 2024

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🔚 HR Trend Spotlight: A Wave of Tech Layoffs in 2024

In a dramatic turn for the tech industry, the ongoing layoffs continue to reshape employment landscapes. As companies recalibrate strategies and adapt to market shifts, workforce reductions have become increasingly common among major tech players. This trend prompts HR leaders to rethink approaches for managing and supporting employees during uncertain times. The importance of reskilling and upskilling becomes crucial as organizations focus on retaining essential talent amidst industry-wide cost-cutting measures. 

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📖 HR Insights

In this DriveThru HR podcast episode, Ann Manby from CWI Labs talks about the problems of ageism in the U.S. work industry. She highlights the challenges that older workers face and the actionable strategies that companies can take to make their workplace more inclusive.    

💡 HR Tips & Tricks

Tip of the Day: At the end of each workday, take a moment to recognize one accomplishment, no matter how small. This quick, positive self-reflection helps maintain motivation and allows for a sense of progression, even on challenging days. Over time, these daily wins contribute to a more positive and resilient mindset.

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Trick of the Day:  Implementing “deep work blocks" allows individuals to tackle complex tasks without distractions, leading to faster progress on key projects. Scheduling these blocks during peak energy hours can amplify the impact, enabling efficient work on high-priority goals

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🧾 HR Case Files: Cardinal Health’s Journey in People Analytics Transformation

Cardinal Health has successfully revamped its people analytics function, demonstrating the strategic impact of data in HR. The healthcare services giant undertook a comprehensive transformation, positioning people analytics as a critical driver for informed decision-making across HR. 

Key Takeaways

• Cardinal Health’s people analytics journey shows the value of data-backed HR decisions.

• Effective analytics integration supports strategic alignment between HR and business goals.

• The transformation highlights the need for specialized skills within HR to harness analytics fully.

🧰 HR Toolbox

Stay equipped with the latest HR events and resources.

Resource of the Day 

An article published in the International Journal of Applied Management and Technology delves into the need for effective employee engagement in the workplace. It talks about the strategies that business leaders can take to motivate their employees and keep them interested in working for the company. 

Event of the Day

The 28th edition of the Digital Transformation CIO Assembly will take place on November 12-13 at the Biltmore in Miami. This event provides an opportunity for C-Suite executives to meet in person for networking and exchanging their thoughts. 

For conference details and registration, visit the website.

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