Restructuring is so common in both the private and public sectors that many workers will experience one after the other, in an ongoing series of upheavals.
Can this really be good for business? What impact is the constant threat of restructuring having on employee wellbeing and workplace culture?
This year has seen restructuring and layoffs within many large organisations, including the ABC, Fairfax, Myer and IAG. According to the Hays Salary Guide, more than half of employers were restructuring in 2017 to stay competitive in a rapidly changing business world.
In a recent report, the Committee for Economic Development of Australia (CEDA) predicted more than five million (40%) of Australian jobs are likely to disappear in the next 10 t…
Read the full article at: https://www.smartcompany.com.au/people-human-resources/leadership/retrenchments-restructures-hallmarks-lazy-leadership/