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Category: Uncategorized
Axeing – The implication of letting go at workplaces.
Layoffs, also known as downsizing, retrenchment, or workforce reduction, are unfortunately a common occurrence in the modern workplace. These events can be triggered by various factors, including economic downturns, industry shifts, technological advancements, or company restructuring. Regardless of the reason, layoffs have a profound impact on both the affected employees and the remaining workforce. The…