Ethics, Values, and Layoffs in Big Tech with Dorothea Baur

Can companies afford ethics in bad times? Looking at the recent mass layoffs in big tech, it looks like they couldn't. Dorothea Baur shares how she combines ethics and strategy to bring value to organisations. Next to that, we discuss the relationship between ethics, purpose and company values. Through this lens, we discuss the reputational damage of the big tech layoffs. Enjoy! 🎙 Connect with Dorothea Baur: https://baurconsulting.ch https://twitter.com/DorotheaBaur https://linkedin.com/in/dorotheabaur Full episode on YouTube ▶️ https://youtu.be/KxS2THT7rM4 New episodes every Wednesday with our host 🎙Patrick Akil!   Big shoutout to Xebia for making this episode possible! OUTLINE: 0:00:00 - Intro 00:00:25 - The sea of fog in Switzerland 00:03:12 - Dorothea's day to day 00:04:06 - Synthetic media and plagiarism 00:06:24 - The EU AI Act 00:07:52 - Dorothea is an Ethics Strategy Consultant 00:09:07 - Combining Ethics and Strategy 00:10:45 - Company Values and Ethics 00:13:13 - Ethics and Core Business 00:16:02 - Interpretation of Ethics 00:18:08 - What is fair? 00:19:55 - Making money from ethical actions 00:21:57 - Ethics help create a strong culture 00:23:21 - Purpose 00:25:14 - Younger generations care about purpose 00:27:56 - Awareness of world impact 00:29:42 - Patrick lives under a rock 00:30:29 - Ethically sound and integrity 00:33:49 - Incentives and Ethics 00:34:58 - Layoffs in Big Tech 00:37:09 - Using the law to your advantage in firing people 00:39:00 - Can companies afford ethics? 00:41:25 - Reputational damage 00:42:43 - Employee protection & gaps in regulations 00:45:22 - The impact of ChatGPT 00:48:47 - Rounding off