Digital transformation expert on mass layoffs: I would have expected more from tech
Digital business transformation expert and erstwhile COBOL programmer Kamales Lardi has spent a lot of time in the tech industry, including consulting with large corporates and SMEs who are going through a process of making cuts.The Register"I would have expected more from the tech industry that is supposed to be one of the most innovative, comparatively.
Lardi says that most of the people impacted by layoffs have"approximately 10-11 years of experience" and so are"not really junior staff that are easily replaced," noting there would be"a loss of skills and knowledge in these companies." Over the years, Lardi has worked across industries and regions, and has found that over 70 percent of digital transformation initiatives either fail or don't achieve intended outcomes. One of the elements that make or break digital transformation, which is"often ignored," is the"people element.
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