[23MAR] PAPER CUT

Layoffs are intensifying, blocklists are gatekeeping opportunity, and the tech industry is going full throttle on “hardcore” culture again. Meanwhile, HR is ditching its recruiter hat to become strategic (finally), and the workforce is catching on to the vibes behind every pink slip.

By James Robbins 3 min read
Image with bold text reading “Tech’s Toxic Comeback” overlaying a stressed woman holding her head in frustration.
Paper Cut - The most important EB headlines from the week, for subscribers only.

Welcome to Paper Cut, where we cut through the week’s noise to bring you the sharpest insights in employer branding, talent acquisition, and HR.

This week, job cuts are stacking up across sectors, but the workforce isn’t responding with panic, it’s picking up on the power dynamics behind every “operational efficiency” announcement.

Meanwhile, HR is pivoting toward internal talent and trying to flex more strategic muscle, while whispers of “blocklists” and “hardcore” hustle culture creep back into the tech lexicon.

This Week’s Paper Cut's


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Layoffs Everywhere, But the Vibe Is Different

📉 Mass Layoffs Continue; but the Narrative Is Shifting

Morgan Stanley, Siemens, and EY all announced job cuts this week 6,000 here, thousands more there. But workers aren’t shocked anymore. Instead, there’s growing awareness that layoffs aren’t always about performance, they’re about optics, stock prices, and shifting power.

📌 Read more:

• 🔗 https://www.channelnewsasia.com/world/morgan-stanley-layoffs-improve-operational-efficiency-us-trump-tariffs-5009636

• 🔗 https://www.straitstimes.com/business/companies-markets/germanys-siemens-to-cut-over-6000-jobs-worldwide

• 🔗 https://www.cityam.com/as-ey-plots-mass-layoffs-are-kpmg-deloitte-and-pwc-next/

• 🔗 https://www.cnbc.com/2025/03/16/a-vibe-shift-around-layoffs-is-happening-across-the-workforce.html


Blacklisted by the Algorithm?

❌ Job Seekers Report ‘Blocklists’ at Major Tech Companies

Reports suggest that candidates previously laid off from certain firms are being “blacklisted” by recruiters at others. While unofficial, the trend is raising concerns about bias in hiring tech talent and how reputation follows people, not just companies.

📌 Read more:

• 🔗 https://www.businessinsider.com/meta-employees-block-lists-widespread-job-seekers-2025-3


HR Gets a Strategy Upgrade

🧭 From Firefighting to Forward Thinking; HR’s Role Evolves

A new SHRM report shows that HR leaders are moving away from reactive recruitment and putting more emphasis on developing internal talent and long-term workforce planning. This shift could finally place HR where it belongs: at the strategic core of the business.

📌 Read more:

• 🔗 https://www.hrdive.com/news/hr-strategic-role/742912/

• 🔗 https://www.hrdive.com/news/hr-shifts-focus-from-recruiting-to-existing-talent-shrm/742935/


Tech’s Toxic Comeback?

🔥 ‘Hardcore’ Work Culture Creeps Back into Tech

The “intensity” narrative is back in tech. With companies like Meta, Amazon, and Microsoft pushing for high-performance, always-on employees, questions are mounting: Is this a cultural evolution, or a return to burnout culture with a new coat of paint?

📌 Read more:

• 🔗 https://www.businessinsider.com/tech-industry-amazon-microsoft-meta-google-companies-intensity-hardcore-2025-3


Closing Thoughts

This week made one thing clear: we’ve entered the era of “perception layoffs” and performance optics. Workers are reading between the lines, and the messaging around job cuts matters more than ever.

Meanwhile, HR’s evolution continues as leaders focus on retention, development, and strategic value, not just backfilling open reqs. And in tech? The line between high performance and high pressure is blurring again.

  • Talent leaders: watch the signs.
  • Job seekers: stay sharp.
  • Brands: your employer reputation isn’t what you say, it’s what your people share.

See you next week.


Video Version

🎥 Prefer to watch? Check out the video edition of Paper Cut for sharp takes on this week’s biggest trends in employer branding and HR.


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