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New Week, New Headlines: The Hidden Costs of Layoffs and Building Trust for AI Adoption. Also, the CHRO at Spotify is a Bada**.
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In this episode of Your Work Friends, Francesca and Mel dive into the long-term impacts of corporate layoffs and the crucial role of trust in AI adoption. They discuss recent research revealing how layoffs can damage employee morale, engagement, and company recovery for up to 24 months.
We also explore Fortune's findings on how top European companies are building trust to facilitate AI integration, highlighting the importance of fair compensation, talent mobility, and transparent communication.
With real-world examples from Spotify, Stellantis, and Salesforce, this episode offers valuable insights for both employees and leaders navigating today's rapidly changing workplace landscape.
Tune in for a mix of expert analysis, practical advice, ah-has and ha-has as Francesca and Mel break down these critical workplace trends.
We referenced:
- The Long-Term Costs of Layoffs - HBR
- Cutting Too Much: When HR needs to pump the brakes on layoffs
- Companies that announced major layoffs and hiring freezes - Intellizence
- Public WARN tracker
- The Best 100 Companies - Fortune
Disclaimer: This podcast is for informational purposes only and should not be considered professional advice. We are not responsible for any losses, damages, or liabilities that may arise from the use of this podcast. The views expressed in this podcast may not be those of the host or the management.
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Chapters
1. Impact of Layoffs on Company Recovery (00:00:00)
2. Long-Term Impacts of Layoffs (00:04:45)
3. Long-Term Impacts of Layoff Decisions (00:12:15)
4. Building Trust Through Transparency and Fairness (00:25:54)
5. Enhancing Work Friend Relationships (00:31:18)
70 episodes
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