Lay Off the Layoffs
"Despite all the research suggesting downsizing hurts companies, managers everywhere continue to do it. That raises an obvious question: why? Part of the answer lies in the immense pressure corporate leaders feelâ€”from the media, from analysts, from peersâ€”to follow the crowd no matter what.
The facts seem clear. Layoffs are mostly bad for companies, harmful for the economy, and devastating for employees."