Author: Marko Piljagić

In recent years, many technology companies have faced layoffs and staffing turmoil.

But what’s driving this trend, and how can companies navigate these changes to retain top talent?

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One possible explanation is the shift towards digitalization during the pandemic. As more people began working remotely and connecting digitally, there was an influx of demand for technology products and services. To meet this demand, companies increased hiring and invested in new areas of growth.

Now, as the economy stabilizes and companies adjust to pre-pandemic staffing needs, some are reducing their workforce. This is not uncommon in the tech industry, where companies often reallocate resources to focus on the most successful initiatives.

But layoffs can be disruptive for employees, and companies may struggle to retain top talent during times of uncertainty. To mitigate this, companies should focus on long-term education and upskilling opportunities for their workforce. Additionally, companies should consider offering internal mobility options, allowing employees to move between projects and stay engaged with their work.

Another trend in the tech industry is a shift towards outcome-based work. Instead of focusing on headcount, companies are increasingly looking for ways to measure and manage output. Thismight mean using new technologies like self-driving cars or VR, or it might mean adopting more flexible work arrangements.

Ultimately, every company is now a tech company to some extent, and all will face the challenges of staffing changes in the tech industry. By understanding the reasons behind these changes, and by investing in long-term education and internal mobility, companies can better navigate these challenges and retain top talent.

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Our founder and CEO, Markus Borlinghaus, will be featured on CRIISP TV in an interview with our partners, Wholesale Investor, on the 17th of November. The event is an excellent opportunity to present our investment case to a worldwide audience, and it will have the following structure over the span of the interview:

• Introduction/Executive summary

• Problem and Solution

• Market traction

• Competitive advantage

• Key milestones

• Team experience

• Milestones for the next 12 months

CRIISP TV Media is a part of Wholesale Investor, a leading global venture investment platform with a reach of 30,000 high-net-worth investors, fund managers, family offices, PE and VC firms, government bodies, and industry subscribers.

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A team to move mountains

As we reminisce about summer, we would like to share the first successful SGS hike on the Sljeme peak of the Medvednica mountain in Zagreb.

Let’s go to Sljeme!, say the people of Zagreb, referring to going to any part of Medvednica, even though Sljeme is just the name of its peak. This peak is not an impressive “peak” like the alpine ones but is hidden in the forest, approximately in the middle of the steep ridge of the mountain.

SGS sincerely enjoys promoting health and well-being. Hiking can help you feel better by

lowering stress and anxiety, boosting self-esteem, and releasing endorphins to fight depression.

Many thanks to the entire team for contributing to such a great day out.

We’re attending Wolves Summit on 20-21 October!

During 2 days of high-quality networking, various startups, and investor presentations organized in the heart of Europe, we will be one of the exhibiting companies.

The event is taking place in Vienna, Austria, and it is all about connecting the CEE talent, tech, and innovation ecosystem to the global audience.

Startup Presentations

A selected number of the best startups from CEE and beyond will showcase their ideas on the Main Stage in front of an international audience of fellow Founders, Investors, Mentors and Corporate Representatives.

Last year, a total of 8.856 startups attended the Wolve Summit, 3.371 investors were scouting deals, 5.193 executives were present, and a total of 90 nations were involved in the event.

One of those selected companies is SGS, and our Founder and CEO, Markus Borlinghaus, will present our investment case to nearly 30 000 attendees (on-site and virtual).

We are open to meetings and conversations about our latest investment round and potential partnerships. Feel free to reach out to us via [email protected] to discuss the details.

If you are considering attending Wolves Summit, too, here is a -10% off discount code for your pass: ‘WolvesNetwork’: https://www.wolvessummit.com/.

See you all in Vienna!

 It was with great pleasure to host Mr. Davor Bilman last week for another two-day training workshop on improving our sales skills with Skener Osobnosti. This time, the Sales and Investment team were joined by our HR colleagues, as the exercises and knowledge gained in these workshops also proved helpful in their line of work.

The key takeaways from the workshop with Skener Osobnosti were:

• Becoming effective in communication

• Develop a better understanding of yourself and others

• Becoming a top seller

• Knowing how to choose the right person for a specific position

• Identifying different kinds of personalities

In a series of practical exercises, we had the opportunity to develop a better sense of characteristics typical of different personalities in the B2B world and how to communicate with them effectively. It was also a great team-building exercise as our team is growing monthly, and this was a great way of connecting with new team members.

We cannot wait for the next workshop and the new skills we will unlock.

Below is a glimpse of how the training went.

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This November, we will be exhibiting at our third event this year from Wholesale Investor. In London, UK, SGS will have the opportunity to network with over 500 investors and forge potential partnerships with over 50+ startup companies.

The latest addition to the events is the newest CRIISPTM Networking Zone, which allows networking possibilities before and after the event and saves valuable time when exchanging contact information and pitch materials.

The event will also feature several panel sessions, where keynote speakers and industry experts will share the latest trends in the venture capital space and the future of investing.

WI Expo is a perfect destination for CEOs and founders to feature their innovations while engaging at a deeper level with investors and industry players – creating new layers of business opportunities and building potential strategic partnerships. To check our current investment round, please see our Deal Room.

See you all in London.