E50: What to Know About Layoffs in 2024 with HR Heretics Kelli Dragovitch and Nolan Church

In this episode, CJ talks with the original duo of the HR Heretics podcast, Kelli Dragovich and Nolan Church about tech layoffs in 2024. Kelli and Nolan hold no punches and give straight answers to tough questions on layoffs, the job market, and employment best practices. If you're looking for an ERP head to NetSuite: https://netsuite.com/metrics and get a one-of-a-kind flexible financing program until April 15th, 2024.

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PSA: Run The Numbers has a new Spotify and Apple show link. Follow the links to subscribe and ensure you'll never miss an episode

Apple: https://podcasts.apple.com/us/podcast/run-the-numbers/id1723787140

Spotify: https://open.spotify.com/show/0zQCkklNnVgMD364kCW5SV

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RECOMMENDED PODCAST: HR Heretics

Join Nolan Church and Kelli Dragovich for unfiltered conversations with people leaders, investors, and CEOS. Dive deep into the kind of leadership-level strategy that often happens behind closed doors. 

Substack: https://hrheretics.substack.com/

Spotify: https://open.spotify.com/show/1WML9AfadzaH9WCR4HHqbZ

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NetSuite provides financial software for all your business needs. More than 37,000 thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ Now through April 15th NetSuite is offering a one-of-a-kind flexible financing program https://netsuite.com/metrics

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FOLLOW US ON X:

@cjgustafson222 (CJ)

@kellidragovich (Kelli)

@NolanChurch (Nolan)

@turpentinemedia

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TIMESTAMPS:

(00:00) Preview

(00:25) Round 2 with HR Heretics 

(01:57) Sponsor: Maxio | NetSuite 

(04:27) Why Heretics?

(05:05) Millennials, Social Media, and Recorded Layoffs

(11:26) Navigating Layoffs and Role Eliminations

(15:31) Human-Centered is Good Business

(17:52) Role Eliminations or Layoff? 

(19:00) Sponsor: Thoropass | Tropic

(21:27) Managing Out Bottom Performers

(26:37) Severance Packages: From Crappy to Great

(28:11) Supporting Low Performers

(31:55) The Illusion of Safety in Big Companies 

(34:33 ) When Big Company Experience is Sending a Negative Signal

(43:20) Working at Smaller Startups

(45:31) On Attrition Rates

(50:19) Quiet Quitting and Beyond

(53:55) Wrap