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Declines in engagement and performance come at a time when the demands of the workforce are greater than they were before layoffs. How can organizations approach layoffs in ways that mitigate risks to employee engagement and performance?
This article was originally published by Forbes.
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In July, the funded status of the 100 largest corporate defined benefit pension plans decreased by $68 billion as measured by the Milliman 100 Pension Funding Index.
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The paradox of layoffs: Engagement drops when you need it most
How can organizations approach layoffs in ways that mitigate risks to employee engagement and performance?