Executive Bonuses and the High Cost of Corporate Layoffs
Cost-cutting measures such as layoffs are often seen as necessary for a company's survival during tough times. However, what often goes unnoticed is the significant cost of executive bonuses amidst these layoffs. While employees are let go to reduce expenses, executives continue to receive exorbitant bonuses which can create a negative impact on employee morale, company culture, and overall productivity. This disconnect between executive compensation and layoffs raises questions about fairness and ethics within organizations. In this post, we examine into the repercussions of executive bonuses during layoffs and explore why this is a critical issue that needs to be…