2022 witnessed a lot of up and downs, new emerges in the business and Tech world. Lets take a deep dive the major events and themes that made emerged in the year 2022.
2022 saw more than half of the countries getting hit by Inflation. Zimbabwe emerged as the country with the highest inflation rate. Ukraine also hit the highest inflation mark in 2022 amid war tension with Russia.
2
LAYOFFS
2022 was the year of huge layoffs, as it was more than fifty startups including unicorns laying off more than 18,000 employees. One of the common causes of layoffs financial difficulties, restructuring, outsourcing, changes in market demand.
3
ARTIFICIAL INTELLIGENCE
Artificial Intelligence has greatly impacted business in 2022, with companies of various
sectors implementing AI in various ways like Automation, Predictive
Analysis, Marketing & Sales, Customer service, Cybersecurity etc.
4
CRYPTOCURRENCY
The cryptocurrency was filled with ups and downs in the year 2022.
One of the major highlights was the fall of the FTX cryptocurrency exchange. Other factors like price fluctuations, regulatory challenges, Crypto scams and thefts contributed to the crash cryptocurrencies in 2022.
5
RESIGNATION
A record number of employees quit their jobs in 2022.
Career changes, bad workplace experience, slashed salaries, overtime shifts were few of the reasons
for the great resignation. Resignations began when companies brought new rules to the workplace amid COVID-19 pandemic which brought drastic changes to the workplace.
6
NFT
Non Fungible tokens (NFTs) became popular in 2022. Users used NFT to represent ownership of
digital assets, such as art, music, videos, and collectables.
NFT started crashing after the crypto crash in May – June 2022. The trading volume of NFT dropped from $17 billion in January to $466 million in September.