63. Layoffs impacting overall recruitment practices

Talent Savvy

In this episode Oana Iordachescu, Chantelle Jones and Marlies Farril talk about how layoffs are impacting overall recruitment practices.

The base for the conversation is an article in Forbes:

https://www.forbes.com/sites/rodberger/2023/01/24/layoffs-at-tech-giants-impacting-recruiting-practices/?sh=482e8be51f03

Are the current lay offs a result of bad workforce planning? And is it the time for Talent Acquisition to start engaging with this capacity. Can and should Talent Acquisition take a more strategic role, to not just look at bums in seats, but also help make choices between contingent and staff decisions?

The current lay offs in the tech sector, also the TA professionals that are let go, means also losing organizational knowledge and external networks. We will also see people leaving the industry, either leaving the sector or leaving the TA business completely.

Marlies and Chantelle see the current lay offs effecting RPO like structures in a positive way. More and more start-ups and scale ups lost knowledge and manpower they still needed, but maybe not on a full time basis. The question is, will this fractional recruitment stay or will we start hiring full time as soon as the threat of a recession is over?

Is job rotation, or rotational work, especially in times like these when there are lay offs glooming perhaps a good solution? A good recruiter should have some sales skills, so doing some time in the sales department if they are looking might be a good idea.