Layoffs (Usually) Don’t Work and Why They Harm More Than Help
Workplace Psychology
DECEMBER 3, 2018
Having gone through this layoff experience, I want to share this article in hopes of bringing attention to the harmful effects of layoffs to not only the employees who are let go, but also the companies that implemented the layoffs. were about $100,000 per layoff (Cascio, 2009, p. Emotional and Financial Cost of Job Loss.
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