Tag: Layoffs

Resenteeism: What It Is and How to Handle It

It started in 2021 with the Great Resignation, when 47 million people quit their jobs. In the wake of such an exodus, many organizations faced unprecedented labor shortages that strained the employees who remained. As a result, burnout ran rampant throughout organizations, leading to some employees’ motivation atrophying and the eventual coining of the term […]

Advancing Well-Designed Benefits—Even in Times of Layoffs—Is the Right Choice

Jade and Cristina, like thousands of software engineers in their early 30s who dream of starting families, have worked long hours and built solid networks. Their careers are advancing nicely. Typical of tech employees in their generation, each chose to work for a company that supports work/life balance and offers attractive family-building benefits, and both […]

Impacts of Turnover on Remaining Staff

After a round of layoffs, remaining employees typically feel a range of emotions. On the one hand, they’re relieved to still have a job. Layoffs are stressful and can have life-altering impacts on workers and their families. On the other hand, no employee is really a winner in a layoff scenario. Remaining employees will likely […]

How Layoffs Impact the PERM Process: Employer Considerations

While businesses typically take extensive steps to avoid layoffs, they’re unfortunately part of the business life cycle. As the United States has had a recent uptick in layoffs across various industries, employers should be aware of the potential impact to their permanent residence (green card) immigration programs.  The PERM (or labor certification) application is one […]

Dropbox’s Layoffs Illustrate Shifting Skills Demands Among Employers

The growing importance of artificial intelligence (AI) has the potential to fundamentally disrupt the labor market, but not necessarily or always in the way most casual observers might assume. While AI and other technologies always have the potential to displace human workers, in many (if not most) cases, the motivation is actually to complement human […]

Layoffs Lead to Lingering Concerns for Those Still on the Job

Layoffs are a key tool in the corporate cost-cutting toolkit. While popular culture may demonize staff-cutting executives as corporate boogiemen laughing with joy as they hand out pink slips (Elon Musk comes to mind), the truth is nobody enjoys layoffs. Business leaders are people too, and they understand the pain cutting jobs causes, especially cutting […]

Dealing with Layoffs: How Outsourcing Can Support HR Teams and Small Businesses in a Recession

As businesses brace for the likely recession, HR teams have additional responsibilities. For many small to medium businesses, the economic downturn means layoffs will inevitably come into play. For HR teams, layoffs require additional responsibility and work and can be incredibly stressful for the entire team. To ensure business productivity continues despite the layoffs, HR […]

3 Steps to Rebuilding Employee Morale After Layoffs

Layoffs are an unfortunate necessity for companies of just about any size and in any industry, particularly during economic change or downturns, like right now. Not surprisingly, most teams struggle with maintaining morale in the wake of downsizing. However, it is possible to maintain and even continue to grow your company’s workplace culture health in […]

Today’s HR Leaders Must Play Both Offense and Defense When Managing a Workforce Reduction

2023 is not just another year of disruptions. It’s a year in which business and HR leaders must play defense and offense at the same time. This means performing a realistic appraisal of the current situation—inflation, recessionary concerns, and geopolitical instability—and making defensive adjustments to the business that may involve cutting back on staff. At […]

Why Mass Layoffs Pose Insider Risks and How Companies Can Protect Themselves

The last year and a half has brought unusual mass movements of people leaving and entering the workplace. Trends have included record breaking resignations, quiet quitting, and most recently, layoffs across industries including tech, financial services, food and beverage, and media. These shifts have led anxious employees to the latest trend of “career cushioning” – […]