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Mortgage Industry Trends Driving Layoffs and Five Tactics to Avoid Job Cuts

Everest Group

To better understand where the market is headed, we looked at the Annual Mortgage Origination estimate from 1990 to 2019 before the pandemic. This, in turn, is pushing home buyers out of the market. By developing adaptable and flexible skills, employees can find jobs in other industries and services if their positions are eliminated.

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Is there an actual Recession in the IT industry in 2023?

Vilmate

First, finding a job in the IT field has become more challenging. High inflation means people might buy less, and more could lose their jobs. It’s important to note that these government policies were justified during the pandemic’s peak, as many people lost their jobs and needed support during that challenging time.

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How RPA Can Increase Employee Satisfaction—and Retention

Automation Anywhere

Get rid of the mundane stuff According to the Future of Work Survey 2020 , more than two-thirds of Americans (67%) think positively of automation, agreeing with the statement, “I believe it could assist me with tasks and make my job more efficient.” Machines do repetitive tasks.

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The Year of Living Intelligently in the Cloud

Automation Anywhere

AI is helping to diagnose illnesses, inform us how to stock inventory levels for the next quarter, and cull out the best job candidates from thousands of resumes. This represents a remarkable 58% jump from 2019. Eliminated human error— When employees perform the same mundane tasks over and over, human errors occur.

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Top Programming Languages for Internet of Things (IoT) Development

Groove Technology

As the IoT develops, determining which technologies are best suited for various jobs may grow more complex. Finally, attempting to determine the most popular IoT programming languages among millions of IoT developers makes the task much more complicated. Swift stands out among the others on this list.

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6 HR Processes Ripe for Intelligent Automation

Automation Anywhere

According to the results of the 2019-2020 Sierra-Cedar HR Systems Survey, RPA use in HR rose 50% over the previous year. It also notes that companies are—finally—waking up to the idea that they need to free HR professionals from tedious manual tasks both to reduce errors and avoid high turnover.

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Major US Companies that Used Outsourcing to Recession-Proof Themselves

NoonDalton

Offshoring and outsourcing are similar in that both use outside parties to carry out other business-related duties. Offshoring, however, entails hiring a business in another country to carry out the work for them. They have a reputation for contracting out a portion of its activities, including sales, to foreign service providers.