As companies lay off even more workers, they could be making a big mistake in the way they're doing it

Despite positive economic indicators, layoffs continue to occur at several large companies. Some companies are implementing mass layoffs, while others are opting for incremental reductions. Experts highlight the challenges and unintended consequences of both approaches. Incremental layoffs can create panic among employees and lead to voluntary resignations, while mass layoffs make it difficult for companies to manage workloads and retain valuable talent. Layoffs are often driven by pressure to cut costs and are not always an effective strategy. Other strategies like attrition, voluntary buyouts, and hiring freezes can be considered as alternatives to reduce headcount without the negative impact of layoffs.