The Human Side of Corporate Downsizing
It's a harsh reality that corporate downsizing is a common strategy adopted by organizations in response to economic challenges or shifts in the market. While it may seem like a necessary business decision to improve efficiency and cut costs, the impact on employees is often overlooked. The process of layoffs and job cuts can have serious consequences on the emotional well-being and mental health of those affected. In this blog post, we will explore into the human side of corporate downsizing, exploring the challenges faced by employees, the strategies for coping with job loss, and the importance of support during…