Layoffs aren't something terrible. They're part of business.
Sure it's not ideal but it does happen.
I don't get why people react emotionally to it as though the company is question is evil.
Sure it's not ideal but it does happen.
I don't get why people react emotionally to it as though the company is question is evil.
For healthy employees without pre-existing health conditions, the odds of developing a new health condition rise by 83% in the first 15 to 18 months after a layoff, with the most common conditions being stress-related illnesses, including hypertension, heart disease, and arthritis. The psychological and financial pressure of being laid off can increase the risk of suicide by 1.3 to 3 times. Displaced workers have twice the risk of developing depression, four times the risk of substance abuse, and six times the risk of committing violent acts including partner and child abuse. The stress induced by a layoff can even impair fetal development.
- Terrible for those who lose their jobs and lifelihood - Terrible for those who in the process lose their visa/life they know - Terrible for those remaining as they are anxious to be next - Terrible for the company as the best people will now look for a job elsewhere (before the axe hits them) - Terrible for the company as anxiety leads to less effective employees