Selective Job Cuts Often Benefits Firm More Than Broad Layoffs Over Long Term
- Topics:
- Corporate Culture,
- Layoffs
- Tags:
- Benefit,
- Corporate Culture,
- Human Resources,
- Job,
- Layoff,
- Leadership,
- Management,
- Recruitment & Selection,
- Workforce Management
- Source:
- management-info.biz
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Overview: There are numerous direct benefits to either not cutting staff or, if cuts must be made, to minimizing them. And if cuts are necessary, highly selective surgical cuts should be utilized wherever possible to remove only under-performing or marginal employees rather than implementing massive across-the-board cuts. In the long term, the author believes the greatest advantage in avoiding across-the-board job terminations is in fostering a strong, pervasive and healthy corporate culture that is unique, very visible and highly regarded throughout the organization as well as by its customer and supplier base. In the last three decades, many corporations have demonstrated a singular disregard for any development of their corporate culture.
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