It’s no surprise that employee confidence has been shaken with the recent spate of corporate layoffs nationwide. Indeed, 31% of professionals responding to LinkedIn’s Workforce Confidence Survey are now concerned about their companies cutting budgets or staff.
Their anxiety should be a wakeup call to HR and corporate leaders whether or not they may have a downsizing initiative within their own organizations. Whatever the reason—from a merger to a market contraction—many leaders face some challenging times ahead.
