Why companies lay people off to meet goals

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It just seems counterproductive, removing your workforce because you want to grow more

In: Economics

14 Answers

Anonymous 0 Comments

Companies have a limited supply of cash on hands and not everyone in a company is useful. Let’s say you have people working in research and development but your cash flow centre is sales. If you offload your R&D to focus on sales you can generate more revenue.

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