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Employee Layoffs May Cost More Money than They Save

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Employee layoffs may appear to be a panacea for weak profits or a means of positioning a firm for future growth, but the long-term financial impact of such a strategy typically is less than positive.

Employee Layoffs May Cost More Money than They Save Skip to content Employee Layoffs May Cost More Money than They Save April 18, 2016 Julie Ritzer Ross Employee layoffs may appear to be a panacea for weak profits or a means of positioning a firm for future growth, but the long-term financial impact of such a strategy typically is less than positive. Research has not found any support for the overall idea that layoffs help firm performance. That’s according to Peter Cappelli, Ph.D., George W. Taylor Professor of Management at The Wharton School of the University of Pennsylvania-Philadelp

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