Layoffs Rarely Pay Off: Here are 15 Alternatives
The Practical Leader
MAY 13, 2020
Only about a third of downsizing companies increased productivity and profits in the next 3 to 5 years, and underperformed in stock markets. Jim Collins’ Good to Great research determined, “half of the companies we were studying didn’t do it (layoffs) once. Downsizing crushes morale and productivity.
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