Impact of Layoffs and Transformation
Impact of Layoffs and Transformation. Organizational transformation often conjures up images of radical change, reorganization, and layoffs. Many companies view layoffs as necessary to streamline operations, adapt to customer needs, and improve competitiveness. But is transformation really synonymous with layoffs? How does this actually play out? The notion that layoffs are an integral part of […]
From Obsolete to Iconic: How Brands in Declining Industries Stay Relevant
From Obsolete to Iconic: How Brands in Declining Industries Stay Relevant. The rapid advance of technology, changing customer preferences, economic shifts, and a new awareness of social, health, and environmental issues have caused certain industries to decline, often referred to as “sunset industries.” Examples include print media, traditional retail, and DVD rental services. These industries […]