With the holiday season coming to an end, many businesses are recovering from celebrations. However, some businesses go through a period of layoffs during—or following—the holiday season, which can create a negative experience for employees. Learn more about the impact of layoffs, as well as some potential alternatives, below.
How Layoffs Impact a Business
Layoffs typically occur when a business no longer has enough work to support the number of employees on the payroll—including if the business is closing, experiencing a significant decline in workload, or if the employee’s current position is being eliminated. Read More ›