The Surprising Long Term Impact of Layoffs on Company Performance & Employee Experience.

This is the second part of a two-part series on layoffs and their impact on the employee experience. The episode focuses on the long-term impact of layoffs, based on research conducted by Culture Amp. The study analyzed data from layoffs in the tech sector between March 2020 and December 2023, including over 3,300 layoff events by 2,400 companies. Chapters 03:30 - Rebounding After a Layoff 07:00 - How Long It Takes to Rebound 11:46 - Determinants and Drivers of Engagement Post Layoff 18:50 - The Impact of Second Layoffs 22:01 - Main Takeaways and Conclusion During this episode, we discussed the health impacts of layoffs on individuals. You can read more about that below. Medical studies have shown that the trauma of unemployment causes disease. One study found that being laid off ranked seventh among the most stressful life experiences — more stressful than divorce, a sudden and serious impairment of hearing or vision, or the death of a close friend. Experts say that it takes, on average, two years to recover from the psychological trauma of losing a job. Source: If you've enjoyed this episode, please

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The Surprising Long Term Impact of Layoffs on Company Performance & Employee Experience. is an episode from Culture First by Culture Amp.

This episode is 00:31:17 long.

This episode was published on Jul 18, 2024.

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