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Layoffs Are for Lazy Corporate Overseers

by bill - 2013-03-06 - ( life / money / employment )

Why layoffs are for lazy corporate overseers - Fortune Management. Layoffs are often a sign of failure by top executives to properly manage a business and forecast needs. The corporate movement away from job security coincided with the advent of big executive bonuses and the rise of global competition. Consulting firms seized the moment and devised practices to teach companies how to eliminate staff. They rarely, if ever, recommend cutting the heads of those who hired them.

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