There have been over 70,000 people laid off from their jobs in the tech industry – an amount unseen since the dot.com bubble burst. Layoffs are an inevitable part of a capitalist system and, so, come with the territory for companies. But what is not inevitable is the reaction the surviving employees have to seeing their friends and colleagues let go: will they be angry at the company they still work for? Motivated? Fearful? ESG tries to assess the long-term effects that layoffs have on company performance. In this episode, we discuss how ESG does this and why it is important.
Host: Mike Disabato; MSCI ESG ResearchGuests: Liz Houston; MSCI ESG ResearchResearch discussed outside of MSCI ESG Research: https://hbr.org/2018/05/layoffs-that-dont-break-your-company
