Education industry at highest risk for layoffs over next 6 months: survey

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Inaugural CFO survey conducted by Coupa, a cloud based spend management platform, found education sector was most susceptible to layoffs in 2023 in the event of recession.

, a cloud based spend management platform, found that 100% of CFOs in the education sector responded with "Reduce Workforce" when asked "What actions will your organization take in the next six to 12 months to drive growth in the event of a recession?"In an interview with FOX Business, Coupa CFO Tony Tiscornia said the education industry’s unanimous citing of workforce declines in the next half year to year will offset potential challenges in the event of a recession.

TEACHER WHO QUIT CAREER FOR COSTCO JOB BLAMES LOW SALARY AND BURNOUT: ‘MY PASSION COULDN'T PAY MY BILLS’ Other sectors most impacted by looming recession include Communications with 60% of the sector’s CFOs pointing to layoffs as a solution, while Utilities, Law and Science round out the top five with 50% of CFOs from each industry saying they would reduce their workforces this year.LONGWOOD, FLORIDA, UNITED STATES - Only 20% of healthcare CFOs think layoffs will impact healthcare in 2023.

 

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Well yea. We already proved parents do a better job of educating as opposed to indoctrinating

It's alway been known the massive raises given to teacher's the last few years wasn't sustainable.

Question... The teachers that kept kids out of school for 2 years while they taught from home? The teachers that want to hide gender indoctrination of kids from their children? Teachers who wanted to teach CRT to 7 year olds? Should we worry about them being laid off?

Layoffs are better than students beating on teachers & dealing with gang fights- no way in Hell I’d be a teacher, for whatever reason discipline has been eliminated & kids today truly suck - same goes for their worthless parents too !

Layoffs in a time of a teacher shortage. That is a complete contradiction.

This is partly the fault of the teachers union, which has greatly harmed their professions with their very liberal ideas. Banning teachers unions, firing lousy teachers, and sticking to the basics would greatly enhance education.

Dismissal is a necessity in modern times Depending on natural disasters, wars, oil prices get fired anytime You need to prepare ahead of time, hone your skills to the next level, or find a new future job

And they only have their Union to blame. Parents realize their kids are not getting the education they thought so they're turning to alternatives.

Good

Wow

Are local public schools considered an industry?

Go Woke, go broke.

Good

Good. Public education is garbage.

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