The economy is dynamic and constantly changing, sometimes faster than we expect it to. One year there is a huge downturn, leading to mass layoffs globally. A few years later, companies are desperate to find talent. Tech and financial services (particularly, mortgage)...
Even if your business is mostly concerned with finding talent at the moment, know this: your offboarding process—or lack thereof—can harm your efforts if not handled properly. That’s right: your departing employees, whether leaving of their own volition or due to a...
While reductions-in-force (RIFs), layoffs, and furloughs are all difficult actions employers take out of necessity based on business performance or shifting priorities, there are differences between them (in addition to terminations based on individual performance or...
In today’s fast-paced and globalized business environment, organizations have to continuously innovate to remain competitive and sometimes pivot to respond to external challenges or economic downturns. Layoffs are sometimes necessary as an important part of this...
Layoff anxiety affected nearly half of American workers even before the coronavirus came along. Now, those anxieties, for many people, have become reality. The coronavirus pandemic has already triggered a number of layoffs—and may workers who remain employed fear they...