Layoffs (Usually) Don’t Work and Why They Harm More Than Help
Workplace Psychology
DECEMBER 3, 2018
Attempting to solve problems with limited resources frequently means that the quality of the solution is poorer, which can engender a sense of failure and lowered self-esteem. By eliminating jobs, they reduce payroll costs. “[U]nemployment is psychologically devastating based upon a loss of discretionary control. Muchinsky, 2006, p.
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