Note: This article contains spoilers about the TV series, “Succession.” Reductions in staff are difficult situations to manage and experience, and the layoff announcement plays a large role in how the news is received and how your organization is perceived. So what’s...
While the tech industry is always evolving, it’s also subject to the same negative impacts resulting from economic fluctuations. In addition, its very own creations—such as AI and automation—are helping to eliminate jobs in the industry as roles no longer need to be...
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...
Do universities share the same fate as department stores? Because the COVID-19 pandemic has changed the nature of in-person instruction, some experts are predicting that much in the way retail department stores have had to reinvent themselves as shopping has moved...
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...
