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“Layoffs have been sending shockwaves throughout the workforce after some of the world’s largest companies cut tens of thousands of jobs in the past several months. The U.S. Bureau of Labor Statistics reported that in March 2023, the number of layoffs and discharges jumped up to 1.8 million (an increase of 248,000 from February), the highest level since December 2020.
While there has been much talk about how companies have supported those who are now unemployed and the resources and assistance they have provided, what about the employees who remain? How can organizations cater to and effectively support the workers who may now be fearful about their professional future?”
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