We’ve read about many large companies executing layoffs in recent months as many over hired during Covid. Even so, the strong employment market required continued recognition that it’s still a seller’s market for labor and talent. It’s bad enough in this market when an employee leaves; it can be fatal if too many go at once.
Large companies can more easily afford large reductions in workforce size even if involuntary. Small to mid-size firms, however, are much more vulnerable to even a small desertion.
A recent INC article by “The Evil HR Lady”, Suzanne Lucas offers some cautionary advice as to How You Can Avoid an Employee Mass Exodus. The first step, she suggests, is to recognize that “employees are more important than customers.“ Read on.
