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The Hidden Costs of Layoffs

HBR On Leadership

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The Complexities of Tech Layoffs

This chapter examines the recent trend of large-scale layoffs in the tech industry, attributing them to overhiring rather than economic downturns. It critiques the impact of layoffs on corporate culture and employee trust, emphasizing the hidden costs that can arise. Through case studies like Twitter and Nokia, it advocates for more compassionate approaches to workforce reductions that prioritize talent utilization and support for affected employees.

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