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The recent swath of layoffs couldn’t have come at a worse time for companies. Even before the staff cuts, most were already facing a crisis of trust. According to DDI’s 2023 Global Leadership Report, just 32% of leaders say they trusted senior leadership in their organization to make the right decisions, and fewer than half trusted their direct managers. Since then, organizations have handed out thousands of pink slips, with February layoff announcements the highest they’ve been since 2009.
Now, the remaining staff are left feeling bewildered, betrayed and uncertain about their own futures. That’s a huge problem
