For several months, we’ve been writing off and on about the unrelenting workforce changes in the technology field. As of the end of November 2023, layoffs.fyi, a site tracking employment trends in the tech industry, reported that more than 1,100 companies have laid off more than 251,000 employees. That’s more than A QUARTER OF A MILLION EMPLOYEES who have been affected by industry cutbacks this year – and there’s still a month to go!
Working and living with the constant threat of losing your job takes a grueling physical and emotional toll. For workers in high-tech fields, Artificial Intelligence (AI) appears to be the catalyst that will continue to advance this trend into 2024 and beyond.
In a recent article on Techopedia.com, Anna Tavis, a clinical professor in human capital management at New York University, says, “In the aftermath of the recruitment surge post-pandemic, its lingering effects remain evident. Tech firms overspent on growing their staff sizes. Now they experience a pressing need to recalibrate their ranks and align to the needed levels. There is a heightened anticipation surrounding the potential labor cost efficiencies from adopting AI. Given AI advancements, companies are preparing for a major shift.”
TAKE CONTROL OF YOUR CAREER
If you’re one of those who have been impacted, maybe it’s time to take more control of your career. Maybe it’s time to consider buying a Kiddie Academy® Educational Child Care franchise.
As we’ve written previously, many of our Franchisees have come to us from the tech field. They find the skills they used throughout their careers easily translate into running a Kiddie Academy franchise.
In addition, our Kiddie Academy corporate team is there to lend additional support. The pros in our Financing, Real Estate, Construction, Education, Training, Operations and Marketing departments are there to help your business succeed.
If you want more information about how you can take control of your career with a Kiddie Academy franchise, feel free to contact us for more information or go ahead and fill out this no-obligation Preliminary Questionnaire and a member of our team will be in touch soon!
