In the American office of 2023, a brand-new labor market pattern has actually taken control of where “quiet quitting” ended.
Quiet cutting.
“Quiet cutting is what some people consider a subcategory of quiet firing,” stated Nadia De Ala, a management and settlement coach. “It’s a way for companies to avoid layoffs and potentially save money on expenses they would incur with severance packages. This involves reorganizing existing employees, not laying them off or firing them, but reassigning them to different roles.”
The introduction of these brand-new office patterns typically shows the state of the task market and the economy. Despite the total strength of the U.S. task market, some business are uncertain about the future, leading them to embrace the “quiet cutting” technique to alter in the office.
“For the past few years, we’ve witnessed quiet quitting and the great resignation, signs of a robust economy and a tight labor market where employees held the upper hand,” stated Yale University speaker and bestselling author JoanneLipman “Quiet cutting suggests that the balance is shifting, with employers gaining more control.”
Watch the video above to read more about peaceful cutting and what this office pattern informs us about the U.S. task market and the total economy.
