US EditionBest Practices to Avert Layoffs - The Edge, A Leader's Magazine
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Best Practices to Avert Layoffs - The Edge, A Leader's Magazine
Companies may lay off employees for various reasons, such as budget cuts, restructuring, mergers and acquisitions, changes in business strategy, and economic downturns. However, as inflation squeezes budgets, and interest rates continue to hike, organizations must focus on improving operational efficiency to stay afloat. Layoffs can significantly impact employees, the company, and the surrounding community. It can lead to financial hardship, jo…
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