{"id":14608,"date":"2025-10-28T12:44:57","date_gmt":"2025-10-28T12:44:57","guid":{"rendered":"https:\/\/tomfarandasfolly.com\/?p=14608"},"modified":"2025-10-28T12:44:57","modified_gmt":"2025-10-28T12:44:57","slug":"white-collar-workers-beware-more-big-companies-bet-they-can-still-grow-without-hiring","status":"publish","type":"post","link":"https:\/\/tomfarandasfolly.com\/?p=14608","title":{"rendered":"White collar workers beware – “More big Companies bet they can still grow without hiring”"},"content":{"rendered":"\n

AI of course. Amazon just announced they are eliminating 30,000 white collar jobs<\/a> over the next several months.<\/p>\n\n\n\n

From the Wall Street Journal –<\/p>\n\n\n\n

https:\/\/www.wsj.com\/business\/companies-hiring-jobs-ai-9ef675b6?st=BCU7D4<\/a><\/p>\n\n\n\n

JPMorgan Chase has a \u2018strong bias\u2019 against adding staff, while Walmart is keeping its head count flat<\/h2>\n\n\n\n

American employers are increasingly making the calculation that they can keep the size of their teams flat\u2014or shrink them through layoffs\u2014without harming their businesses. Part of that thinking is the belief that artificial intelligence will be used to pick up some of the slack and automate more processes. Companies are also hesitant to make any moves in an economy that many still describe as uncertain.<\/p>\n\n\n\n

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Many companies seem intent on embracing a new, ultralean model of staffing<\/a>, one where more roles are kept unfilled and hiring is treated as a last resort. At Intuit<\/a>, every time a job comes open, managers are pushed to justify why they need to backfill it, said Sandeep Aujla, the company\u2019s chief financial officer. The new rigor around hiring helps combat corporate bloat.<\/p>\n\n\n\n

\u201cThat typical behavior that settles in\u2014and we\u2019re all guilty of it\u2014is, historically, if someone leaves, if Jane Doe leaves, I\u2019ve got to backfill Jane,\u201d Aujla said in an interview. Now, when someone quits, the company asks: \u201cIs there an opportunity for us to rethink how we staff?\u201d <\/p>\n\n\n\n

Intuit has chosen not to replace certain roles in its finance, legal and customer-support functions, he said. In its last fiscal year, the company\u2019s revenue rose 16% even as its head count stayed flat, and it is planning only modest hiring in the current year.<\/p>\n\n\n\n

The desire to avoid hiring or filling jobs reflects a growing push among executives to see a return on their AI spending. On earnings calls, mentions of ROI and AI investments are increasing, according to an analysis by AlphaSense, reflecting heightened interest from analysts and investors that companies make good on the millions they are pouring into AI.<\/p>\n\n\n\n

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Operating with fewer people can still pose risks for companies by straining existing staffers or hurting efforts to develop future leaders, executives and economists say. \u201cIt\u2019s a bit of a double-edged sword,\u201d said Matthew Martin, senior U.S. economist at Oxford Economics. \u201cYou want to keep your head count costs down now\u2014but you also have to have an eye on the future.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

AI of course. Amazon just announced they are eliminating 30,000 white collar jobs over the next several months. From the Wall Street Journal – https:\/\/www.wsj.com\/business\/companies-hiring-jobs-ai-9ef675b6?st=BCU7D4 JPMorgan Chase has a \u2018strong bias\u2019 against adding staff, while Walmart is keeping its head count flat American employers are increasingly making the calculation that they can keep the size […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14608","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/14608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14608"}],"version-history":[{"count":2,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/14608\/revisions"}],"predecessor-version":[{"id":14613,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=\/wp\/v2\/posts\/14608\/revisions\/14613"}],"wp:attachment":[{"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tomfarandasfolly.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}