Do Mass layoffs Means Profit in Books? Or It’s a Smart Management Failure Coverup

As now, mass layoffs are on trend. So many business sectors are mentally preparing to earn profit by laying of employees. Is that it or no one is analyzing the real situation? Let me share some research on that topic.

Why are business laying off employees?

I know management mind. We are laying off employees because we are focusing on efficiency rather than growth. Also, we will not go for bankruptcy in a soft recession. So, we are reducing workforce on a random matrix.

This topic has been continuously bubbling up in the news media since last year. But what does it mean for employees and employers? Here is a list of big business firing employees. 240000 ++

Microsoft
Google
Amazon
Tiktok
Flipkart
Swiggy
And list goes on……!

Let’s discuss, we all do business for profit. A business must have to show some reflection on profits. Otherwise, it means nothing. In simple terms, when I say profit, it…