How Companies Are Pushing Out Workers While Avoiding ‘Layoffs’ | Your Money Briefing | WSJ

More companies are finding ways to trim their staff without classifying them as layoffs.

WSJ careers and management reporter Chip Cutter joins host J.R. Whalen to explain why, and the tactics companies are using to shed workers.

0:00 Why are companies letting workers go without laying them off?
1:14 How do performance reviews work with layoffs?
1:59 What rights do employees have in situations like these?
2:47 What impact has the pandemic had on companies’ staffing?
3:20 Is there a stigma associated with layoffs?
5:10 Where have these staff reductions been happening?

#Layoffs #Employment #WSJ
Be the first to comment