We had “quiet quitting” and “loud quitting,” and now we have a new sound-based corporate term: “quiet cutting.” If you, as a business owner, wonder what it is and whether should you be afraid of it, don’t worry. Quiet cutting can be a really great thing. But first, what is it?
According to the Wall Street Journal, quiet cutting is when you notify employees that you are reassigning them rather than terminating them. The theory is that it’s cheaper to get someone to quit than to terminate someone and pay severance, so instead of laying someone off, you reassign them