Author Archives: John Lusk

On layoffs

https://mstdn.io/@natematias@social.coop/109724013042485578

Layoffs are yet another area where companies refuse to follow the science. Here’s what the science says.

Layoffs:
– don’t save money
– don’t improve company performance
– don’t increase stock pricess
– destroy trust
– have huge impacts on health, well-being, and income of employees

So why do layoffs? It’s a network effect: execs lay people off because other companies are doing it

Stanford Biz School article: https://news.stanford.edu/2022/12/05/explains-recent-tech-layoffs-worried/

Harvard Biz Review:
https://hbr.org/2022/12/what-companies

Gov. Cooper and NC business leaders grapple with attracting more people to the state’s workforce – ABC11 Raleigh-Durham

«How does the state expand its workforce? Cooper suggested leveraging North Carolina’s 800,000 veterans; Allowing in more immigrants; retraining the formerly incarcerated; and encouraging governments and private businesses to increase the hiring of people with disabilities.

“We can attract the jobs. Those jobs can be created by business people. But if we don’t have strong, smart, dedicated, diverse people to fill those positions, then we got a problem,” Cooper said.

After the forum, the governor told reporters that a healthy workforce is also an important factor in the discussion. To that end, he’s encouraging state lawmakers to finally expand Medicaid coverage in the state.»

https://abc11.com/emerging-issues-forum-north-carolina-business-workforce-workers/12810350/