Over recent months, tech companies have been laying workers off by the thousands. If you look for reasons for why companies do layoffs, the reason is that everybody else is doing it. Layoffs often do not increase stock prices, in part because layoffs can signal that a company is having difficulty. Layoffs increase the odds of suicide by two and a half times. Not surprisingly, layoffs increase people’s stressopen in new window.

Source: Forbes May 29, 2023 05:49 UTC