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04 April 2025 / Article
Layoffs can be a necessary response to economic downturns, yet they can create long-term challenges that outweigh their immediate financial benefits. When conducting layoffs, organizations should aim to do so compassionately and only as a last resort. Before resorting to layoffs, there are several different strategies organizations can try to reduce financial strain without workforce reduction.
Layoffs can be a necessary response to economic downturns, yet they can create long-term challenges that outweigh their immediate financial benefits. When conducting layoffs, organizations should aim to do so compassionately and only as a last resort. Before resorting to layoffs, there are several different strategies organizations can try to reduce financial strain without workforce reduction.
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