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Whenever there is economic uncertainty or public, mass lay-offs, it’s understandable why many employees may be worried about their job security. After all, one of the primary tactics that employers may deploy to help weather a recession is to cut company expenses, which often involves downsizing the business and a round (or several) of lay-offs and furloughs.
Worries over job security don’t always reflect reality or mean lay-offs will happen – but it’s very much a top-of-mind concern for employees. But when it comes to employees not feeling like their job is secure, what can business leaders do?