A layoff, also known as employee reduction, is the downsizing of an organization’s workforce by suspension or permanent termination of a worker or group of workers by the employer.
These layoffs can result from various factors such as economic downturns, technological advancements, and corporate restructuring.
What is this Global Layoff? What are the causes of it? Also how or who gets effected? To learn more, read our detailed post –
Get all the new Blogs Updates
Leave a Reply