Credit: Rudzhan/Adobe Stock Play Offense with Your Career
The toughest part of playing offense is looking in the mirror and being truthful with yourself. Are you "politically in favor" and ascending? Or are you running in place?
March 01, 2024 at 09:41 AM
3 minute read
Career Development
Citigroup, Amazon and Google are among the many healthy companies that are in the midst of corporate layoffs currently. There was a time when layoffs were associated with struggling companies that were losing money, and news of layoffs used to cause shockwaves. Now a 6% reduction in corporate staff at a Fortune 500 company barely makes headlines. It's simply a widely accepted business practice. Indeed, layoffs are considered an efficiency "best practice" for adjusting staff in light of current business needs and technology advances. It is a boost to the bottom-line, which is why a company's stock commonly rises when it announces a layoff.
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