Monday, November 18, 2019

Briefings Magazine: Layoffs -- The New Normal

By SIMON CONSTABLE

“Here’s your next project: you’ll be eliminating 10,000 jobs in Europe,” my boss said, handing me a fat folder replete with financial data. Less than a year since graduating business school, I’d be leading the charge in this downsizing. In my role as a financial analyst, I’d have to deal with lawyers, accountants, actuaries, and many other functionaries at my employer, a multinational industrial company. Soon enough, my final report would go to the CEO and his team, presenting a plan costing hundreds of millions of dollars. And all along, my gut reaction never changed: ugh. Read more here.

Photo by James Yarema on Unsplash


No comments: