The Current Market Situation And Its Impact On Cloud Spend

Cloud Cost Optimization

LAYOFFS HERE, LAYOFFS THERE, HAPPENING EVERYWHERE

It’s alarming to see that a lot of organizations in the tech space right now are cutting down their people in massive numbers. Our hosts Nick Lumsden and Jason Yaeger will be focusing today on all things layoff, what’s happening now, what are its common causes, and its impact on downsizing organizations. Tune in to get yourself informed in this latest episode of Cloud Cost Optimization.

HIGHLIGHTS

JASON: What happens if you layoff half your force

“If you lay off half of your staff, and then ask the other half of your staff to work twice as hard, you're probably going to churn out another, I don't know 15-20%, because there will be people that go ‘ ‘no, I'm not I'm not doing that.”

JASON: Keep as many people as you can

“I don't know if this would have this works at these really large organizations, but it's always better when you try to preserve as many jobs as you can, realistically, and so asking people to take pay cuts, and minimizing the percentage of staff that you actually have to turn, in my opinion, is probably a better way to handle these situations.”

JASON: Impact of layoffs on cloud spend

“The less people you have, the less time you have to do all of the things that all of the things outside just keeping the lights on and running, you know, which include making, you know, they include all of your efforts around cloud spend optimization.”

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Nick Lumsden | Jason Yaeger

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