It just seems counterproductive, removing your workforce because you want to grow more
In: Economics
You don’t ley off people randomly, you get rid of the least efficient ones who are dragging the entire operation down. Hiring new people is like a box of chocolates, you never really know what you are going to get. Layoffs are a way to correct for that.
Of course there is a bit of a difference if the layoffs are a case of periodic house cleaning, or if they are done because of financial stress. If a company doesn’t have enough orders coming in and the employees don’t have work to do, they have to get axed because the payroll is no1 cost item for almost any company.
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