Quick Take | Tips to Help Executives and Leaders Grow

Layoff Costs: Could They Last Two Years?

Susie Tomenchok and James Capps Episode 88

Did you know that the effects of layoffs can ripple through an organization for more than two years? In this episode, we explore how downsizing impacts the employees who stay, and why many leaders underestimate its lasting effects on company culture. From Airbnb's innovative approach to transparency to practical tips for rebuilding team morale, discover proven strategies for maintaining organizational health during challenging transitions. Learn why investing in your remaining team members isn't just good leadership—it's crucial for long-term business success.

In this episode, we discuss the following:
1. The long-lasting impact of layoffs on workplace culture and team dynamics, with effects lasting up to 24 months.
2. Importance of transparency and communication during and after organizational changes.
3. Strategies for leaders to support and rebuild teams following layoffs.

CONNECT WITH SUSIE:
https://www.linkedin.com/in/susietomenchok/

CONNECT WITH JAMES:
https://www.linkedin.com/in/capps/

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