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How Layoff Culture Is Destroying Tech Companies

  • In the fast-paced world of tech, layoffs have become a common occurrence, causing widespread anxiety among employees.
  • Yet, it's not the act of laying off employees that's the problem—it's how it's done. Conducting layoffs impersonally, without explanation, leaves employees feeling blindsided and fearful. This not only impacts morale but also damages productivity and the bottom line.
  • To mitigate this, leaders must adopt a more compassionate approach. Providing regular feedback and conducting layoffs with empathy and transparency can alleviate anxiety and foster a culture of trust and engagement, ultimately benefiting both employees and companies alike.

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