Global flavor company Torani released new internal data today showing an employee tenure rate 47% higher than the national average, proving that creating opportunities for team members—at a time when many companies are eliminating them—is the most effective way to drive engagement and long-term success. As the company looks ahead to its 100 th anniversary in 2025, it has surpassed the $500M revenue mark and maintained its record of never conducting a single layoff.
“Layoffs are a choice,” said Melanie Dulbecco, Torani’s CEO for the last 33 years. “We’ve made it through nearly a century of challenging times, including The Great Depression, The Great Recession, and the COVID-19 pandemic without a single layoff, ensuring our team members’ jobs are safe and secure. Protecting our team members like family also means protecting our bottom line—we firmly believe these go hand-in-hand.”
https://www.voiceofalexandria.com/news/national_business_news/zero-layoffs-in-99-years-torani-redefines-what-it-means-to-be-a-people-first/article_31fa02ef-682d-5fcc-bd12-6cba0f34b0d9.html