Tag: employee relations
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This one reason drives too many layoffs
We often talk about layoffs a cost cutting measure, but it could be down to one other issue. We don’t know how to give feedback. Sometimes, those rounds of layoffs are thinly disguised ways of getting rid of employees who are not up to standard. Except you may have never told them the standard in…
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More on the costs of layoffs
I got into the research tunnel about layoffs. That led me to this HBR article: A Better, Fairer Approach to Layoffs . The authors, Sulene and Gupta, pointed to multiple examples where layoffs led to reduced sales and company performance. Trying to reduce costs through the labor force led to trickle effects that damaged the…
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The cost off layoffs
When it comes time to cut costs, what companies often do is cut ties with humans. Labor is their highest cost, after all. That makes it a no-brainer to start there. I think the issue is that these same brands are failing to realize something else that humans do. They make you money. Your products…