Of late we are seeing layoffs and downsizing in several sectors of the economy.
This is not a recession, the overall job market is still doing well (and we hope it stays that way).
Mass layoffs are sometimes necessary, although we wonder why situations deteriorate to this point. Not all of the layoffs are in floundering companies.
Does anyone considering the longer term impacts on morale and retention? Does not seem so.
Will employees be as loyal? Maybe not.
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