How to Avoid the Layoff Trap
Companies are laying off employees by the thousands, but never let that influence you to use it as a quick cost-cutting measure. Learn from the mistakes of other CEOs who faced negative consequences by taking this route.
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With the World Bank predicting the worst half-decade in over 30 years for the global economy, it signals a pressing need for strategic workforce management. Many companies are looking to layoffs as a short-term cost-cutting tool, but it can only deal more harm in the long run.
The lasting damage on morale, reputation, and future growth is never worth it – especially when that valuable talent could be the key personnel to help you recover from a potential upcoming recession.
Paperspace Asia’s latest eBook ‘How to Avoid the Layoff Trap’ dives into the 5 strategies every company should employ for a smarter and more sustainable way to cost optimise.
Download the eBook today!
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