About this document
Scribd Layoffs: A Costly Strategy by Ethan Hunt is a document available to read on EtoBox.
Layoffs have become a standard business practice used to improve profitability in both good economic times and bad. However, research shows layoffs do not generally improve profits and come with hidden costs. Firms continue laying off workers due to short-term thinking focused on cutting labor costs and appeasing shareholders. While sometimes necessary, overreliance on layoffs can damage productivity, morale and profits over the long run. Alternatives like retraining workers or investing in innovation durin
- Author
- Ethan Hunt
- Language
- EN