Skip to main content

Advertisement

Advertisement

'Poorly executed' layoffs aimed at quickly cutting costs could hurt firms' image and spark staff exodus, say experts

A logo of Google is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition centre in Paris, France on June 15, 2022.

A logo of Google is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition centre in Paris, France on June 15, 2022.

Many employees in the technology line have taken to social media to criticise the abrupt and impersonal nature of their job terminations
Experts said the practice of sudden layoffs can happen in any industry though anecdotally, tech companies have been doing more of this
Abrupt axeings of employees can affect the company’s reputation, experts said

Advertisement