The news: A report from Microsoft found that the spirit of the Great Resignation is still alive among younger demographics.
Why it’s worth watching: The report coincides with a push underway at Google and Meta to cut costs including by reducing staff. Instead of overtly enacting mass layoffs, the companies are slashing divisions, often giving affected employees narrow windows of opportunity to find internal positions in other departments or get axed.
A lesson plan: The present Meta and Google cuts may be more about trying to please Wall Street investors than a sign of genuine dissatisfaction with worker productivity. Yet these companies will have to grapple with consequences from the abrupt shifts in organizational culture long after quarterly reports are dissected.
This article originally appeared in Insider Intelligence's Connectivity & Tech Briefing—a daily recap of top stories reshaping the technology industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily.
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