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“When the laid-off are better off”

by on January 30, 2010

Well, we all read and, perhaps condemn bosses for their decisions to lay off their employees. Have we ever thought that those who were laid-off are better than those remained?

This article from the business week gives us the story “when the laid-off are better off”

When the laid-off are better off
By Michelle Conlin

As the Great Recession continues to devour jobs at an alarming rate, tales are legion about the millions of unemployed struggling to right their lives and recover their self-esteem. But what happens to those left behind?

Would it surprise you to learn that survivors can suffer just as much, if not more, than colleagues who get laid off? It certainly surprised a team of academic researchers who embedded themselves at Boeing (BA) from 1996 to 2006, a tumultuous decade during which the company laid off tens of thousands. The results of the study will appear next year in a Yale University Press book called Turbulence: Boeing and the State of American Workers and Managers. “How much better off the laid-off were was stunning and shocking to us,” says Sarah Moore, a University of Puget Sound industrial ….

To read more, please click here

Tien Nguyen


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