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Layoffs result in a 30% increase in staff turnover. As markets tend to be more challenging, it can take some months before people actually leave. This can have
by oxfordmale 4y ago
Layoffs result in a 30% increase in staff turnover. As markets tend to be more challenging, it can take some months before people actually leave. This can have a knock on effect, especially if senior and respected staff leave.
- thehappypm 4y agoWhere will the senior and respected staff go? To other companies where they won’t be senior and respected
- nibbleshifter 4y agoOther companies tend to know that poaching season is at it's finest after a round of layoffs. People who weren't pushed will be considering jumping.
- bastardoperator 4y agoI don't work for titles, I work for money.