November 22, 2022
Layoffs can have large and damaging effects. Here’s how to avoid them
In the wake of missed earnings from large retailers and major layoffs by tech firms, companies across all sectors of an uncertain and inflation-stricken economy are taking a hard look at headcount. With the possibility of rough times ahead, considering layoffs to protect the bottom line and streamline operations is always a temptation.
Read the full article from Fast Company, which features a byline from Veris Insights Director of Experienced Research, Andrew Monroe about the long-term impacts of layoffs and what companies can do instead to weather the storm.