Write For Us

Layoffs: How Companies Decide Whose Job Is Cut | Your Money Briefing | WSJ

Sponsored Post Vitamin D2 Canada Persia
61 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Companies typically carry out layoffs to reduce costs, but compiling the list of workers to be let go is often less simple, and can involve weeks of debate.

WSJ’s Chip Cutter joins host J.R. Whalen with more.

Photo illustration: Emil Lendof/The Wall Street Journal

0:00 Factors that go into a series of layoffs
0:52 How the job cut process often works
1:41 How seniority or length of service affects your employment
2:13 Does HR have a say in which employees are let go during layoffs?
3:42 How business software company Okta decided who to cut during layoffs

Your Money Briefing
WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes.

For more episodes of WSJ's Your Money Briefing: https://link.chtbl.com/WSJYourMoneyBriefing

#Layoffs #Employees #WSJ
Category
Television
Tags
layoffs, company cuts, job cuts
Sign in or sign up to post comments.
Be the first to comment