Most companies that go through layoffs are never the same. They don't recover because trust is broken. And if you're not honest at the point where you're breaking trust anyway, you will never recover.
Sentiment: NEGATIVE
The minute you do any layoffs, you might as well lay off the whole joint because everybody forgets about the customer and worries about their job security.
When a politician bends the truth or a CEO breaks a promise, trust takes a beating.
If you really want to kill morale, have layoffs every two months for the next two years.
Sometimes you trust someone who turns out not to be honest. There are a lot of things that happen in life that don't turn out the way you're given the impression that they will. And I think that's all kind of a con. But I think we've probably all been hurt.
I want to hear from my team in a way that they know they don't have to hold back. I've made it clear that there are no repercussions for brutal honesty. I let them know that we want to hear about anything they feel is not working for the company.
If we can by any method establish a relation of mutual trust between the laborer and the employer, we shall lay the foundation stone of a structure that will endure for all time.
Coming back after the layoff, I wasn't really sure what to expect.
Trust is the lubrication that makes it possible for organizations to work.
I'm a true believer that you have a moral obligation to keep your employees honest, and that is why you have controls, so I'm never tempted or put in a position where I could do something to defraud my employer.
A recession is very bad for publicly traded companies, but it's the best time for startups. When you have massive layoffs, there's more competition for available jobs, which means that an entrepreneur can hire freelancers at a lower cost.
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