In order to react to economic uncertainties, some companies conduct furloughs vs. layoffs, putting some employees on forced temporary leave from their jobs. This may be a result of slowdowns where workers aren’t needed, a business restructure, or economic conditions...
While the tech industry is always evolving, it’s also subject to the same negative impacts resulting from economic fluctuations. In addition, its very own creations—such as AI and automation—are helping to eliminate jobs in the industry as roles no longer need to be...
Due to changes in shopping habits, overhiring, poor growth predictions, economic conditions, and other direct and indirect forces, retail layoffs have been spreading through the industry, from online shops to big box stores. The layoffs have affected corporate...
Companies plagued by high employee turnover rates tend to have reduced productivity, low workplace morale, and more resources spent on recruiting new professionals. Thankfully, employers can minimize their turnover rates by introducing strong onboarding strategies....
The decisions made by an organization often have a rippling effect that impacts its entire workforce. This is especially true when it comes to mergers and acquisitions. Employees who work in companies during these transitional periods may feel wary about the impact...
