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The Hidden Costs of Layoffs

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Manage episode 389205834 series 3480586
Sisällön tarjoaa Ian Fox and Harvard Business Review. Ian Fox and Harvard Business Review tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.

From Microsoft to Google to Meta, many of the world’s biggest tech companies announced layoffs in 2023.

But Harvard Business School professor Sandra Sucher, who has been studying layoffs for years, says that companies often overlook their hidden costs: lost institutional knowledge, weakened employee engagement, higher turnover, and lower innovation. She says that it can take years for companies to bounce back from these setbacks.

In this episode, you’ll learn better ways to approach layoffs—with real-world examples from Twitter, Nokia, and Fidelity Investments. You’ll also learn how to regain your employees’ trust in the aftermath.

This is the second episode in a special series highlighting the four best leadership episodes of 2023, curated from across Harvard Business Review’s podcasts.

Key episode topics include: leadership, layoffs, human resource management, managing people, talent management.

HBR On Leadership curates the best case studies and conversations with the world’s top business and management experts, to help you unlock the best in those around you. New episodes every week.

· Listen to the original HBR IdeaCast episode: Why Many Companies Get Layoffs Wrong (2023)

· Find more episodes of HBR IdeaCast.

· Discover 100 years of Harvard Business Review articles, case studies, podcasts, and more at HBR.org.

  continue reading

59 jaksoa

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The Hidden Costs of Layoffs

HBR On Leadership

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iconJaa
 
Manage episode 389205834 series 3480586
Sisällön tarjoaa Ian Fox and Harvard Business Review. Ian Fox and Harvard Business Review tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.

From Microsoft to Google to Meta, many of the world’s biggest tech companies announced layoffs in 2023.

But Harvard Business School professor Sandra Sucher, who has been studying layoffs for years, says that companies often overlook their hidden costs: lost institutional knowledge, weakened employee engagement, higher turnover, and lower innovation. She says that it can take years for companies to bounce back from these setbacks.

In this episode, you’ll learn better ways to approach layoffs—with real-world examples from Twitter, Nokia, and Fidelity Investments. You’ll also learn how to regain your employees’ trust in the aftermath.

This is the second episode in a special series highlighting the four best leadership episodes of 2023, curated from across Harvard Business Review’s podcasts.

Key episode topics include: leadership, layoffs, human resource management, managing people, talent management.

HBR On Leadership curates the best case studies and conversations with the world’s top business and management experts, to help you unlock the best in those around you. New episodes every week.

· Listen to the original HBR IdeaCast episode: Why Many Companies Get Layoffs Wrong (2023)

· Find more episodes of HBR IdeaCast.

· Discover 100 years of Harvard Business Review articles, case studies, podcasts, and more at HBR.org.

  continue reading

59 jaksoa

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