What alternatives can companies implement, other than just sacking employees, to save something in the short-term?
Let me give you some numbers: Meta, 18,000; Amazon, 9,000; Disney, 7,000.
No, that isn’t the amount of daily subscribers joining the respective platforms, but the amount of job cuts each company has recently announced.
As sexy as that headline ISN’T – it’s a fact of reality that after spending too much during the pandemic, the financial books need to be reined in.
And yes, this may look good to investors in the short-term, but what does it do for the employee – and company morale – going forward?
Are there other alternatives that may satisfy all parties involved?
Digital transformation expert Kamales Lardi discusses the matter.
