STOP Doing Layoffs - They Hurt Employees AND Companies

Companies seem addicted to layoffs. That's bad because they hurt not only employees but also the company’s results, according to research.

See why layoffs are so bad and how to avoid them!

00:00 The corporate love affair with layoffs
03:45 Why layoffs are bad for employees
06:22 The one way layoffs are good for employees
07:20 Why layoffs are bad for companies
09:06 Why layoffs are bad for the economy
09:52 Why are layoffs so common
15:42 Why are layoffs especially common in the US
18:42 Layoffs can almost always be avoided
19:57 How Southwest Airlines avoided layoffs after 9/11
21:39 How Xilinx avoided layoffs
27:09 What do we do about it?
29:07 Conclusion

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Links:
https://www.newsweek.com/case-against...
https://www.nceo.org/employee-ownersh...
https://www.yesmagazine.org/issue/new...
https://www.theguardian.com/social-en...
https://hbr.org/2021/01/when-you-know...
https://theconversation.com/one-in-fi...
https://finance.yahoo.com/video/south...
https://positivesharing.com/2012/10/m...
https://www.hofstede-insights.com/cou...
https://fortune.com/2021/06/06/corpor...
https://www.cnbc.com/2022/10/24/more-...
https://www.health.org.uk/publication...
https://health.usnews.com/wellness/ar...
https://www.irishtimes.com/business/a...
https://www.shrm.org/hr-today/news/hr...
https://business.wisc.edu/news/new-re...
https://theactivistinvestor.com/The_A...
https://www.tcifund.com/files/corpora...
https://www.dol.gov/general/topic/wag...
https://www.researchgate.net/publicat...