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Unveiling the Rise of ‘Quiet Cutting’: Companies Laying Off Employees Indirectly

It’s not just employees who are “Quiet Quitting” (not dedicated to their work, Do your duties day to day), but many companies are doing “Quiet Cutting”, indirectly laying off employees, doing it quietly without them realizing it, by giving them new work that has never been done before or giving them work that is less valuable.

Key Points:

The Quiet Cutting phenomenon is occurring in many companies in the United States, including Adidas, Adobe, IBM, Salesforce, etc. The reason why companies assign new jobs to old employees is that is part of “Organizational restructuring” may be done to fulfill tasks that are important to the organization’s future plans. At the same time, it helps reduce costs. But in another sense Such actions may mean “Playing the waiting game” to wait for the employees to be transferred You may decide to resign on your own. The company does not have to announce Lay Off and therefore does not have to pay compensation.

The “Quiet Cutting” phenomenon is happening to many large overseas companies. (There may also be some Thai companies.) This means that the company has restructured itself. It may be for reasons of generating income, loss of financial statements, or unnecessary costs. Therefore it is necessary to reduce employees in some departments. or cutting out some positions

Why has the “Quiet Cutting” phenomenon occurred more this year?

The Wall Street Journal reports that the Quiet Cutting phenomenon is occurring at many companies in the United States, including Adidas, Adobe, IBM, Salesforce, etc., reflecting that employees are facing a labor market that is not as strong as last year.

while AlphaSense, a financial research platform Revealed the results of the analysis through The Wall Street Journal that the reason the above companies assigned new jobs to employees is is part of “Organizational restructuring” after the company had Earnings Calls increase more than 3 times between August of last year and August of this year. This reflects that the company may be in a period of financial instability.

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