steve mookie kong on Nostr: “#Layoffs are definitely a confession of poor #management," Jeffrey Pfeffer, a ...
“#Layoffs are definitely a confession of poor #management," Jeffrey Pfeffer, a professor of organizational behavior at Stanford Business School, told me. His reasoning: Research shows that generally, layoffs don't improve a company's fortunes. Quite the opposite: They don't reliably raise a company's profits or stock price, but they do reliably reduce remaining employees' morale, commitment, productivity, and trust.
https://www.magzter.com/stories/Business/Fortune-US/Are-Layoffs-a-Confession-of-Bad-ManagementPublished at
2023-05-05 20:26:14Event JSON
{
"id": "e9e7d1f79fbf96ae4dcd5c0d296bf49b4b324e2e18b170f25437606d0cfae908",
"pubkey": "fc616971bd247130bb96393fcfb60572b9857e5fd22ec6e01ce34771cba6099e",
"created_at": 1683318374,
"kind": 1,
"tags": [
[
"t",
"layoffs"
],
[
"t",
"management"
],
[
"mostr",
"https://trouble.social/users/mookie/statuses/110317953015742698"
]
],
"content": "“#Layoffs are definitely a confession of poor #management,\" Jeffrey Pfeffer, a professor of organizational behavior at Stanford Business School, told me. His reasoning: Research shows that generally, layoffs don't improve a company's fortunes. Quite the opposite: They don't reliably raise a company's profits or stock price, but they do reliably reduce remaining employees' morale, commitment, productivity, and trust.\n\nhttps://www.magzter.com/stories/Business/Fortune-US/Are-Layoffs-a-Confession-of-Bad-Management",
"sig": "e0e8d317c9ee87e7200b88c3caa433a641d7ccf1e5277776c9f86456d06ccd6b23b0456787eebf65c2a6db9855776587380831700230709df9b64476113122ea"
}
