Is 2024 the Year of Accountability?

The Cloudcast

Return to Office, Layoffs, Acquisitions,and Shareholder Accountability are dominating the worker-level discussions in early 2024. Let’s dig into what’s really happening.

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SHOW NOTES:

• Amazon’s Silent Sacking (blog) and Changelog podcast
• Signs it’s time to leave a company (Adrian Cockroft)
• Tech company layoffs in January
• Broadcom ends VMware partner program

WHY IS ALL OF THIS HAPPENING NOW?

• This is similar to the 2022-2023 transition (unexpected + fast)
• Companies are quick to cut and slow to restart/accelerate
• Companies often overestimate needs and under-estimate fixes
• There are new competitive dynamics happening all over tech
• There will be lots of bankruptcy and acquisitions in 2024

2024 WILL BE A YEAR OF ACCOUNTABILITY

• The pendulum of workers vs management is swinging back to management
• 15 minutes of “blame management” fame might be short lived
• Business doesn’t necessarily work like Reddit trends
• Focus on alignment to revenues, customer success
• Focus on results, not excuses
• Actively look for efficiencies and inefficiencies

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