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Why layoffs cause other workers to quit

“A study published in the Academy of Management Journal in January 2023, in which researchers applied a proprietary framework to study 1,620 retail stores during the course of 22 months in order to predict human capital outflow showed that company-wide layoffs were 10 times more likely than quits following voluntary quits.” I really believe this is what companies want, particularly larger corporations. I see a trend where the ones who haven't been laid off are given double or triple the amount of work with no extra pay, benefits, or even acknowledgment. Once the company gets to the point of needing employees much of the work will be outsourced, eliminating the need for full-time employees. https://www.bbc.com/worklife/article/20230727-im-next-i-need-to-save-myself-why-layoffs-cause-other-workers-to-quit


“A study published in the Academy of Management Journal in January 2023, in which researchers applied a proprietary framework to study 1,620 retail stores during the course of 22 months in order to predict human capital outflow showed that company-wide layoffs were 10 times more likely than quits following voluntary quits.”

I really believe this is what companies want, particularly larger corporations. I see a trend where the ones who haven't been laid off are given double or triple the amount of work with no extra pay, benefits, or even acknowledgment. Once the company gets to the point of needing employees much of the work will be outsourced, eliminating the need for full-time employees.

https://www.bbc.com/worklife/article/20230727-im-next-i-need-to-save-myself-why-layoffs-cause-other-workers-to-quit

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