January 28th 2025.
Daymond John, co-founder of Fubu and star of the hit show Shark Tank, recently shared his thoughts on the trending concept of "loud quitting." This trend has been gaining attention on social media, with employees using platforms like TikTok and Instagram to express their frustrations about not feeling heard or valued in the workplace. Some have even gone as far as calling out their toxic bosses or HR departments by name.
According to CNBC, loud quitting involves actively disengaging from work, missing deadlines, and displaying a negative attitude towards job responsibilities. Although some may see this trend as problematic, John believes it can serve as a wake-up call for employers to pay attention to their employees' needs. In a TikTok video, he stated that it's especially necessary in toxic work environments where employees collectively reach a breaking point and feel the need to say, "I don't care what happens to me...This place sucks."
John also shared some perspectives to consider from both the employee and employer point of view. Employees may feel unheard or unappreciated, experience burnout from toxic environments, face limited growth opportunities or unfair treatment, and ultimately reach a breaking point. On the other hand, employers may contribute to the issue through poor leadership, unclear expectations, or a toxic work culture that drives employees to leave publicly.
The cost of low employee engagement goes beyond just the negative impact on company morale. According to data from Gallup, it also equates to a staggering $8.9 trillion, which is 9% of the world's GDP. Additionally, close to one in five employees worldwide are already displaying signs of loud quitting. However, there may be consequences for employees who choose this route, such as backlash from strangers or former colleagues, and potential damage to their professional reputation. John advises individuals to carefully consider how their message will be perceived on the internet before making a decision.
To combat this trend, employers can take steps to build stronger relationships with their teams and prioritize employee feedback. Regularly communicating the company's vision, mission, and goals can also contribute to a positive work environment. Additionally, recognizing and rewarding hard work, whether through a formal program or a simple thank-you note, can boost employee morale and reinforce positive behavior.
In conclusion, Daymond John believes that while loud quitting can be an effective way for employees to have their voices heard, it should be approached with caution and consideration. Employers should also take note of this trend and strive to create a positive and supportive work environment for their employees.
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