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by oxfordmale 1242 days ago
Layoffs result in a 30% increase in staff turnover. As markets tend to be more challenging, it can take some months before people actually leave. This can have a knock on effect, especially if senior and respected staff leave.
1 comments

Where will the senior and respected staff go? To other companies where they won’t be senior and respected
Other companies tend to know that poaching season is at it's finest after a round of layoffs.

People who weren't pushed will be considering jumping.

I don't work for titles, I work for money.