What Happens to the People Without a Parachute?

Publisher: Transition Services Inc.

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What Happens to the People Without a Parachute?

Layoffs happen. Sometimes they’re strategic. Sometimes they’re reactive. But whether it’s a single role being eliminated or a sweeping cost-cutting measure, one question always matters: what happens to people when they leave? For high-level executives, there’s usually a soft landing. Exit packages. Advisory roles. Months of runway. But what about the people without a parachute?

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