Shareholders should be outraged when their execs use broad layoffs, which have a painfully low ROI. In fact, along with M&A actions, a large-scale layoff may have the most disruptive business impacts of all talent actions. So as an alternative, I recommend a “gradual and surgical release” alternative approach, which can reduce labor costs without disrupting workforce productivity.
You might not be surprised to learn that some already see it as silly. When companies purposely release large numbers of hard-fought over, trained talent that you might not be able to replace when you need them again? Unfortunately, the use