Planning The Perfect HR Strategies Amid The Second Layoff Wave
CXOtoday.com, January 31st, 2023
The fear of recession is looming across the globe, resulting in the second wave of layoffs emerging in the world of business.
The onset of the pandemic forced many talent managers to make tough calls and announce layoffs. This resulted in businesses redesigning their workforce size and structure. As the uncertainty looms, businesses are interrupted by global market conditions and massive technology wave sweeping across sectors.
With the roll-out of the technology, major changes are brought into businesses and organizations should not consider layoffs as standard practice to be comfortable with the change.