Layoffs have a profound impact, not just on the employees who remain, but also on a company's reputation and its ability to attract top talent in the future. In a recent article published by the Globe and Mail, Thrive CEO, Jeffrey Doucet, weighs in on this important topic and shares strategic ways to manage the adverse effects. We believe that cultivating a strong employer brand, built on a commitment to employees' futures, is essential for the success of any organization. By exploring every option for redeployment and providing comprehensive support, we can help valued employees transition seamlessly when the inevitable happens. To read our CEO's insights on managing the negative effects of layoffs and cultivating a strong employer brand, read the full article from the Globe and Mail in the comments.
Layoffs are a part of business as every company will go through periods where they need to right-size their organization to meet financial needs of the market. Here I am today in the Globe and Mail speaking to how organizations can manage and mitigate the impact on the business. We are seeing many large enterprises move to redeploying talent internally to retain employees as business priorities shift. Link in comments ⬇
That's true. I remember my very first question during interviews: 'Has the company experienced layoffs?' It might seem unconventional, but to me, it was crucial. It wasn't just about job security; it was about joining a team committed to stability and growth.
Read the article here: https://www.theglobeandmail.com/featured-reports/article-considering-layoffs-to-balance-the-books-try-these-alternatives-first/