Spilling the Tea on HR Tech - How companies demanding 50+ hour weeks to fund automation are amplifying workforce anxiety while 80% of workers already fear job displacement.
In this episode of Spilling the Tea on HR Tech, Stacey Harris and Cliff Stevenson break down the latest HR tech news, covering major acquisitions in the skills data space and global expansion moves. The episode examines how companies like Workday are positioning themselves for government contracts and international growth, particularly in India, while addressing the growing demand for talent intelligence solutions.
They explore worker sentiment data showing widespread job insecurity and the impact of AI anxiety on the workforce, alongside concerning trends about women leaving the tech sector.
Key points covered include:
↪️ SD Worx acquires a French payroll firm targeting small businesses while Lightcast purchases Rhetorik to strengthen their skills data offerings, reflecting two primary growth strategies: global expansion and data monetization.
↪️ Workday continues its roll with the creation of Workday Government, a wholly owned subsidiary to serve the U.S. government; the company also announced expansion into India with a local data center and expanded sales force.
↪️ Survey data reveals 80% of U.S. workers feel insecure in their roles due to AI concerns, while UK data shows only 7% believe the job market favors them currently.
↪️ The U.S. faces a growing disconnect with an increasing supply of college graduates and a rising demand for skilled trades workers; new educational models combining technical training with critical thinking skills are needed.
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Stacey Harris
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Cliff Stevenson