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Layoff survivors say a lack of retraining has led to pricey mistakes
- Following layoffs, 65% of employees who weren’t let go felt unprepared or made costly mistakes due to a lack of training.
- 70% felt a structured re-onboarding would have eased the transition, but most received little support, leading to mistakes, pressure, and plans to quit.
- Younger workers, especially Gen Z employees, reported more mistakes and uncertainty post-layoff.
- 84% of workers trained themselves on handling new responsibilities, with 1 in 4 spending over four hours weekly on it.
- Only 27% received structured training, while others relied on informal support like peers, trial and error, YouTube, or Google.
- 45% of workers said they'd likely leave within a year if training needs remain unmet.
- A lack of post-layoff training affected retention, with 31% feeling less committed to the company.
- 72% of Gen Z employees considered leaving due to increased pressure and limited support.
- HR and managers should ensure retained employees receive support and a clear understanding of their future.
- Employee confidence hit a new low in May, reflecting ongoing decline driven by economic uncertainty and layoffs.
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