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As companies lay off even more workers, they could be making a big mistake in the way they're doing it - TL;DR CNBC

As companies lay off even more workers, they could be making a big mistake in the way they're doing it

Publishing timestamp: 2024-01-20 11:34:54


Summary

The article discusses the different approaches companies take when conducting layoffs, either all at once or in stages. It explores the potential unintended consequences of incremental layoffs and the challenges of managing mass layoffs. The article also mentions the pressure from investors to cut costs and the potential negative effects of layoffs on employee morale and productivity.


Sentiment: MIXED

Tickers: HPQSPOT

Keywords: personneljobslayoffshp inchiring and recruitmentspotify technology salabor issuesbusiness newslabor unionslabor economy

Source: https://www.cnbc.com/2024/01/20/as-companies-lay-off-even-more-workers-they-could-be-making-a-mistake.html


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