08/04/10 by Ankit Patel | layoffs |
As a company when you traditional companies think about removing waste and “weight” they will commonly use layoffs or a reduction in force as a common tool. But that doesn’t address the root cause that gave rise to the need to shed employees. Here are some of the more common…
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04/02/10 by Ankit Patel | factoid, layoffs |
40% [of companies] reported that downsizing did not result in reduced expenses and more than 60% did not experience higher profits after cutting staff Source: Estok, D. (1996, June 3). The High Cost of ‘Dumbsizing.’ Maclean’s 109, 28-9 Why are companies so quick to pull the layoff card? My thoughts…
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