Layoffs (Usually) Don’t Work and Why They Harm More Than Help
Workplace Psychology
DECEMBER 3, 2018
“Layoffs are mostly bad for companies, harmful for the economy, and devastating for employees.” In December 2017, I (along with many of my colleagues) got laid off by the parent company that had acquired our smaller company in 2014. In turn, lowered psychological health follows from this condition” (Muchinsky, 2006, p.
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