Layoffs: Can They Be Avoided? Can They Be Conducted Compassionately?
Layoffs rarely improve a company’s financial performance or stock price beyond one to two quarters. Instead, today’s workforce reductions are unfolding against a backdrop of economic uncertainty, rising labor costs, and intensified cost-saving pressures, which often create long-term organizational risks. This briefing highlights why many layoffs stem from missed opportunities in strategic workforce planning, outlines high-level alternatives organizations can consider before resorting to staff reductions, and provides guidance on conducting necessary layoffs more compassionately.
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