You are correct in thinking this type of reduction of staff is bad in business also. I recall several studies of publicly traded companies after the 2008/2009 recession. Those which took losses to retain staff showed much stronger stock prices during and after the recession. It was a lesson taken to heart by many during COVID.
You are correct in thinking this type of reduction of staff is bad in business also. I recall several studies of publicly traded companies after the 2008/2009 recession. Those which took losses to retain staff showed much stronger stock prices during and after the recession. It was a lesson taken to heart by many during COVID.