Common Myths and Misconceptions About Layoffs

A Reduction-In-Force (RIF) or layoff is the easiest, fastest way to cut costs as companies trade immediate, short-term gains for long-term growth and performance. The detriment of this approach is wide-spread and lasting, yet management continues in this mode with greater frequency. More and more companies believe this policy just makes good business sense. But year after year, hard data and analysis disprove this notion. So let’s begin by examining some common myths about layoffs.

Barber, Kerri. TechCom Manager (2009). Careers>Management>Unemployment