How to design a better layoff plan?
In January 2023, ByteDance downsized the company for 10%. In March 2023, Google China initiated a layoff plan. … In 2023, various news of “layoffs” hit the hot search from time to time. From the perspective of enterprises, a layoff plan mainly focuses on two aspects, which are the purpose and objectives of “layoffs”, and the legal risks caused by “layoffs”. The former involves commercial issues, while the latter involves legal issues. The commercial issues mainly include two points: Firstly, the purpose of “layoffs” shall be very clear. Losing money is not the only reason for “layoffs”, because a company…