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Why do companies resort to layoffs in the first place? The simple reason is that most organisations see layoffs as the most effective cost-cutting measure. The next question should be why companies go for cost-cutting measures. The answer to this is manyfold to increase profit, to increase productivity and efficiency et cetera. However, not a lot of organisations seem to care about the impact layoffs could create on an employee who has been retained. aaa ....
Why do companies resort to layoffs in the first place? The simple reason is that most organisations see layoffs as the most effective cost-cutting measure. The next question should be why companies go for cost-cutting measures. The answer to this is manyfold to increase profit, to increase productivity and efficiency et cetera. However, not a lot of organisations seem to care about the impact layoffs could create on an employee who has been retained. aaa ....