Originally published 1/28/2023
CEOs ready to reduce workforce, move to temporary employment. We say 55+!
In Ernst & Young’s latest global report, CEOs address the issue of recession and talent.
The gist of it:
- Even though the global economic outlook looks uncertain and some organizations — most notably prominent companies in the technology sector — have been reducing headcount, the overall labor market remains very tight.
- CEOs must walk a fine line between managing costs and preserving investments in talent.
- What CEOs are considering:
- 42% a move to contract employment
- 36% restructuring or reduction of the workforce
- A similar number plan on reducing learning and development (L&D) investments 🎓⬇️
So how does a CEO walk the fine line between maintaining talent, reducing the workforce, moving it to contract employment AND reducing learning and development investments?
✅ Hire seniors! ✅
✅ Many 55+ workers are available right now and would welcome the opportunity to get back in the work force and prove that they are smarter 👍, more seasoned 👍, harder working 👍 than anyone. 🥇
Your Gray Matters, Inc., invites CEOs and CMOs from every industry, but especially the creative, marketing and advertising industries to hire 55+ talent to weather the upcoming employee crisis. 👊
