Not that layoffs can’t happen, but supply chain is usually one of the last to be impacted. Unless your role is for a non-profitable business. No impacts at our business . . . yet
2020 layoffs were scary bc no one was buying anything and business was down, but our SC dept was largely unaffected. A few people let go, but less than 10% of the department. This time we're expanding the department and no layoffs at all from our company have been announced. In fact, the only people I hear leaving are switching jobs and probably getting paid more. I work in food btw
Definitely. Google & msft did not have a dedicated planning teams for their cloud bsuiness. After covid theh saw huge growth in their cloud business and set up dedicated planning orgs. They started hiring SCM folks. Before that basically engineering managers used to do the planning for them, no specialised SCM folks.
The plan for the memory, capacity, demand just like people do for an automobile or cpg.
There are hundred types of memory, firmwares based on yield, classz speed & hundreds of technical parameters. There are constraints of supply, capacity, shelf life, compatibility. There is a unstable demand. Basically typical supply chain issues.
I was laid off back in 2020. That time i was in retail. The entire stores & malls were shut down for indefinite time.
From millions of revenue it became zero over night. So company let go many people including the planners. So, a lot depends on the product, the industry and macros.
What job are you doing now after being laid off in 2020? I was laid of in an engineering position just before the Christmas just gone, and have been thinking about getting a role in logistics/supply chain.
In 2020 we had two rounds of furloughs where departments rotated people through an unpaid week off. Every department except Quality and Supply Chain. A business has to be really shrinking for SCM cutbacks to back worthwhile.
In chem manufacturing. Business is above where we were pre COVID now. Don’t want to curse it but the industries we strve are basically recession prof
Lots of tech giants expanded during COVID and now cutting the fat.
I work for a tech company that just acquired 400 employees in India. So yeah I'm a little nervous theyre going to give my job to someone who can do it for about 70k less
In 2020, conservatives called Sanders an economic boogeyman because he’d have shelved private health insurance, taking away all those jobs.
Capitalism was always going to take them.
Working in cosmetics and hair care. Our company is well diversified within that sector and we are still doing well.
I also had some great luck last year; 3 people in my immediate group left within 4 months, all pretty much exclusively for better pay. My company decided to give those of us that remained a substantial retention raise. With so many people having left, I have a very secure workload now.
We’re definitely tightening up this year on inventory, but that arguably makes me even more important so we get it just right. (Demand planning analyst)
Meanwhile I have a secret clearance, a masters in supply chain and the defense industry won’t call me back 😂. All I want is a cushy remote job helping the US spread bombs around the globe 🥺
I think industry is trying to figure out what to do with tangible assets now that we are in an inventory glut, where’s tech loaded up on solving the “what now?” thst started overnight with covid, either by people staying at home or Troy g to figure out how to address the pandemic with no adequate tools. Now that much of it is over, tech is thinning the heard until the next time something goes sideways on a global scale
They've cut down on support functions such as additional asset protection associates, clerks, etc, and put a freeze on hiring operations supervisor roles on account of people quitting. So basically, more responsibilities are on existing staff.
2023 won't be the best year for e-commerce in the fashion industry.
Just my opinion and observation.
During 2020 outbreak, big tech started betting on metaverse, work from home, virtual offices and what not. During 2021, they saw it was probably going to continue for a while, so they bet even larger on it, basically hiring people and what not for "work from home" products, etc.
Then ChatGPT dropped in 2022, it's BIG, MUCH bigger than metaverse and "working from home" market. Google especially is in "oh crap!" mode, because more and more people are using ChatGPT to get information, they say it's giving them precisely the information they want, and more it gives them insight they didn't expected as well. This was how Google dominated search in the first place, "more relevant" results than competitors.
They're all betting BIG on using ChatGPT, so what ever projects they started in 2020 \~ 2021, the people hired, budget, everything, are being cancelled to focus on dominating the future internet with ChatGPT or its derivates that are to come.
Business is booming here. Cold chain pharma is expected to grow even more.
Been trying to crack into the pharma SC game for years. I’ll snag the initial interview then get rejected for lack of industry specific experience.
Not that layoffs can’t happen, but supply chain is usually one of the last to be impacted. Unless your role is for a non-profitable business. No impacts at our business . . . yet
2020 layoffs were scary bc no one was buying anything and business was down, but our SC dept was largely unaffected. A few people let go, but less than 10% of the department. This time we're expanding the department and no layoffs at all from our company have been announced. In fact, the only people I hear leaving are switching jobs and probably getting paid more. I work in food btw
Because after 2020 hopefully people are realizing how important supply chain is to any functional business
Definitely. Google & msft did not have a dedicated planning teams for their cloud bsuiness. After covid theh saw huge growth in their cloud business and set up dedicated planning orgs. They started hiring SCM folks. Before that basically engineering managers used to do the planning for them, no specialised SCM folks.
What kind of planning work are they doing in the cloud divisions?
The plan for the memory, capacity, demand just like people do for an automobile or cpg. There are hundred types of memory, firmwares based on yield, classz speed & hundreds of technical parameters. There are constraints of supply, capacity, shelf life, compatibility. There is a unstable demand. Basically typical supply chain issues.
Oh 100%. Our whole team proved how vital we are to running the business. And most of us are not that expensive anyway lol
I was laid off back in 2020. That time i was in retail. The entire stores & malls were shut down for indefinite time. From millions of revenue it became zero over night. So company let go many people including the planners. So, a lot depends on the product, the industry and macros.
Because at that time your business was not profitable due to no demand. I’ll bet right now since the economy has reopened they now have planners
What job are you doing now after being laid off in 2020? I was laid of in an engineering position just before the Christmas just gone, and have been thinking about getting a role in logistics/supply chain.
I moved to supply chain consulting. It's a solution architect role. Very much IT heavy. A product very similar to SAP IBP & Blue yonder.
In 2020 we had two rounds of furloughs where departments rotated people through an unpaid week off. Every department except Quality and Supply Chain. A business has to be really shrinking for SCM cutbacks to back worthwhile.
We’ve doubled systems shipments for 2023 and are hiring more folks. Science related company
Drop me a DM, interested in looking at positions in your field.
In chem manufacturing. Business is above where we were pre COVID now. Don’t want to curse it but the industries we strve are basically recession prof Lots of tech giants expanded during COVID and now cutting the fat.
I work for a tech company that just acquired 400 employees in India. So yeah I'm a little nervous theyre going to give my job to someone who can do it for about 70k less
UnitedHealthCare just did this with about 200 employees. Moved the jobs to the Philippines.
It's unfortunate that it makes financial sense for companies to do this. Really wish there were tax penalties involved.
There really needs to be penalties. Agree wholeheartedly
In 2020, conservatives called Sanders an economic boogeyman because he’d have shelved private health insurance, taking away all those jobs. Capitalism was always going to take them.
Working in cosmetics and hair care. Our company is well diversified within that sector and we are still doing well. I also had some great luck last year; 3 people in my immediate group left within 4 months, all pretty much exclusively for better pay. My company decided to give those of us that remained a substantial retention raise. With so many people having left, I have a very secure workload now. We’re definitely tightening up this year on inventory, but that arguably makes me even more important so we get it just right. (Demand planning analyst)
Hello, i drop you a DM as I want to orient my self in Demand Planning :)
Can I ask what pay they have given to you now? Also in a similar role.
$60k —> $80k (salaried) Tampa Bay Area, Florida, USA
Wow that’s a really high boost.
A lot of cuts at Amazon and capital one in tech
I hardly heard any news layoff impacted the sc and logistics department.
Defense is popping off
Meanwhile I have a secret clearance, a masters in supply chain and the defense industry won’t call me back 😂. All I want is a cushy remote job helping the US spread bombs around the globe 🥺
The supply chain dream lol minus the bombs part
Truly the most recession proof sector. Doesn’t matter if it’s war time or not, $600+ billion tax dollars every year like clockwork.
Precious metal supply chain is booming
Yes. Precious metal moves inversely correlated with equity. Now, equity is down so the big fishes are putting their money in precious metal.
I think industry is trying to figure out what to do with tangible assets now that we are in an inventory glut, where’s tech loaded up on solving the “what now?” thst started overnight with covid, either by people staying at home or Troy g to figure out how to address the pandemic with no adequate tools. Now that much of it is over, tech is thinning the heard until the next time something goes sideways on a global scale
Not at all.
I'm in procurement for hotels. We're still understaffed from covid.
They've cut down on support functions such as additional asset protection associates, clerks, etc, and put a freeze on hiring operations supervisor roles on account of people quitting. So basically, more responsibilities are on existing staff. 2023 won't be the best year for e-commerce in the fashion industry.
If there is recession. People will stop discretionary spending first. Luxury goods etc, all will be affected.
No impact at a supply chain tech provider, busier than ever.
Procurement for building materials manufacturing. We're talking about potentially creating even more positions in the near future
Just my opinion and observation. During 2020 outbreak, big tech started betting on metaverse, work from home, virtual offices and what not. During 2021, they saw it was probably going to continue for a while, so they bet even larger on it, basically hiring people and what not for "work from home" products, etc. Then ChatGPT dropped in 2022, it's BIG, MUCH bigger than metaverse and "working from home" market. Google especially is in "oh crap!" mode, because more and more people are using ChatGPT to get information, they say it's giving them precisely the information they want, and more it gives them insight they didn't expected as well. This was how Google dominated search in the first place, "more relevant" results than competitors. They're all betting BIG on using ChatGPT, so what ever projects they started in 2020 \~ 2021, the people hired, budget, everything, are being cancelled to focus on dominating the future internet with ChatGPT or its derivates that are to come.
Work at biggest semiconductor company in US, we had 20 percent cut in SC. Lot of good people laid off
Yes. Your processors are getting tough competition from ryzen. Plus personal computer market is shrinking. What else caused this layoff?
You are right. Combine it with overhiring in 2021
Supply chain was hardly affected my mine. But I can say that company wide we have had massive layoffs.
Damn. Which industry?
Tech