Good leadership and management should avoid layoff in company of employees and focus on revenue generation and cost cut in other ways! Focus should be provided with job security of their employees so called FTE! All sports athletes/brand ambassadors and loyal Consumers should also take a note of company that are laying off and not caring about their employees! Frequent restructure and layoff shows weakness of leadership and not strength! #StopLayOff #JustDoNTLAYOFFIt
6 replies (most recent on top)
I disagree
new maxim: layoffs never end
Every single study says layoffs are so much more costly to the organization but instead we choose to waste millions paying consultants to sell us otherwise.
Wut? But we all are here because we thought layoffs were good?
What even am I
https://www.nme.com/news/gaming-news/nintendo-ceos-refusal-to-lay-off-staff-goes-viral-following-industry-wide-cuts-3577675#
SERVANT leadership @JD….
““Layoffs are definitely a confession of poor management,” Jeffrey Pfeffer, a professor of organizational behavior at Stanford Business School, told me. His reasoning: Research shows that generally, layoffs don’t improve a company’s fortunes. Quite the opposite: They don’t reliably raise a company’s profits or stock price, but they do reliably reduce remaining employees’ morale, commitment, productivity, and trust.”
https://www.magzter.com/stories/business/Fortune-US/ARE-LAYOFFS-A-CONFESSION-OF-BAD-MANAGEMENT