Layoffs and the Lack of Planning

Causes and Ideas on How Layoffs Can Be Avoided

It is sad and frustrating to see so many people being laid off. These layoffs are a classic example of little or no strategic talent planning, whether from large, well-known firms or smaller, less prominent ones.

If a firm had to dispose of millions of dollars of excess inventory, heads would have rolled, and the stock price would have plummeted. But whe…