The year ended with one of the most disrupting times for various industries where businesses saw one of the most extensive layoffs of 2022. Headlines appeared almost every other day where organizations like Twitter slashed half of their workforce followed by Meta cutting almost 13% of their employee capacity.
Such a scenario is hardly a good sign that the world’s largest companies reduce their headcounts all at once. And when the global community is facing the repercussion of the ‘great layoffs’ it’s of utmost importance that Talent Acquisition (TA) managers reexamine their roles and responsibilities.