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

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:

#Layoffs #Employees #WSJ



Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!