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The Layoff market is a subset of the Management industry that focuses on the process of reducing the number of employees within an organization. This process is often used to reduce costs and improve efficiency. It is typically done through a combination of voluntary and involuntary measures, such as early retirement, voluntary severance packages, and involuntary layoffs. The process is often difficult for both the employer and the employee, as it can have a significant impact on the lives of those affected.
The Layoff market is a highly competitive space, with a variety of companies offering services to employers. These services range from providing advice on the best way to reduce staff, to helping employers manage the process of layoffs. Companies in the Layoff market include Challenger, Gray & Christmas, Outplacement Solutions, and Right Management. Show Less Read more
