According to money.pl 2024 will bring a number of company actions towards employee redundancies.
Randstad's study shows, that over 55 per cent of Poles fear that the crisis will negatively affect their employment 💼 In turn, nearly one in three Poles fear losing their job.
👉 More and more Poles are afraid, that the current economic situation may affect their professional career. It is difficult no wonder – more and more companies in order to reduce costs, announces mass layoffs. This creates uncertainty for many.
👉 At the same time, as the authors of the study emphasise, When asked whether, in the face of the ongoing economic crisis, employers are helping to cope with the increased cost of living, 47 per cent of respondents answered in the affirmative. As it turns out, the most expected actions in this field are, in turn, granting bonuses, providing raises and subsidising costs related to remote working or commuting.
👉 An increasing number of Poles are also taking preventive measures and decides to look for an additional source of income – in Poland, every third respondent does this. Employees are also more willing to put in extra hours, to support the household budget: 24 respondents declare such a desire 💰
You can read more about the results of the survey in the article @Journal Gazeta Prawna.
As industry professionals predict, the labour market will change and will never be the same again.
"Strong Trends in the labour market in 2024 will certainly be the increasing implementation of digital solutions in companies, robotization and use of artificial intelligence in the labor market, changes in culture work and opening the market to employees from other continents."
Survey conducted by Resume Builder, which clearly indicates that 2024 could be the year of mass redundancies. More than 900 companies participated in the survey and almost half of them reported that they intend to make mass redundancies.
The study concluded, that more than half of the surveyed companies intend to conduct a process of employee layoffs in their company in 2024. In addition, the statement that more than half intend to introduce a freeze on employment is very telling. So what is the reason for such decisions? Yes, the main reason for layoffs is the issue of costs, recession, and decreased revenues, but we cannot lose sight of the fact that a new chapter in the use of artificial intelligence is beginning. Will the process of replacing employees with artificial intelligence ultimately affect the labor market? Of course it will. It is just that at the moment we are not able to answer this question
Decisions employers about firing employees result from various factors, usually related to the economic, operational or strategic situation of the company. When deciding on employee redundancies, employers take into account:
- Financial difficulties: Companies experiencing financial difficulties, declining revenues or rising costs are forced to cut costs, which often includes staff reductions.
- Technological change: The implementation of new technologies, automation of processes or digitalisation can lead to changes in the workforce structure, sometimes involving job cuts.
- Company reorganisation: Changes in organizational structure, mergers, acquisitions or restructuring may result in team adjustments employee to the new needs of the company.
- Reduction in demand for products/services: When demand for a company's products or services falls, this can lead to a reduction in production and the need to cut staff.
- Market developments: Market fluctuations, competition or changing customer preferences may require the company to adapt, which may result in redundancies.
- Optimising efficiency: Companies often assess efficiency and profitability, which can lead to changes in staffing to improve productivity.
- Seasonality: In some industries, such as retail or tourism, redundancies can be seasonal and related to periodic changes in demand.
- Problems of employability: In some cases companies may be forced to lay off employees due to problems related to performance, discipline or lack of appropriate skills.
Sacking employees is a difficult decision, which can have both economic and social consequences. Companies typically try to strike a balance between adjusting their workforce to meet current needs and maintaining their capacity for long-term growth.
English 
Polish 
Ukrainian