Human Resources

Peter Cappelli of the Wharton School says that layoffs show immediate effects and reduce costs for companies, though they often can’t see the long-term drawbacks of employee cuts.

Peter Cappelli of the Wharton School says that it’s reasonably common for companies to increase the number of dismissals for performance in economic downturns.

Matthew Bidwell of the Wharton School asks if people would rather work four days a week and be paid less, or work five days a week and be paid more.

Peter Cappelli of the Wharton School says that once a few companies initiate layoffs, it creates a groupthink mentality where other companies must explain why they’re not doing the same.

Peter Cappelli of the Wharton School says that it’s a good idea for employers to compare their downsizing practices to the current labor market to avoid damaging their brand.

Peter Cappelli of the Wharton School says that language surrounding layoffs is mutable in the current economy, with many companies unsure whether they’re firing or hiring.

Tom Murphy, senior vice president of IT and chief information officer, says that infrastructure and operational support are difficult, underappreciated, and poorly understood.