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Layoffs could be avoided during downturns

By Hicbd
Thu Apr 2 2020 5:33 pm

"To be sure, a cost-cutting reflex is understandable. Leaders are obligated to make responsible decisions to keep their companies afloat. But those who manage the economic effects of this crisis in a clear and compassionate way create more value for their companies."

URL:
https://hbr.org/2020/03/the-coronavirus-crisis-doesnt-have-to-lead-to-layoffs
https://hbr.org/2013/06/honeywells-ceo-on-how-he-avoided-layoffs
https://www.fastcompany.com/90483711/how-one-tech-company-avoided-layoffs-even-when-revenue-was-cut-in-half

URL Credit


Categories:
Economy Organizations Human Resources / Capital Organization Performance Economic Recessions / Depressions

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