How to lead a team decimated by layoffs

The real costs of layoffs show up Monday morning when leaders face decimated, demotivated teams with no clear direction. Here are some tips.

[Source Photo: Gorodenkoff/Adobe Stock]

BY Jenny Fernandez and Kathryn Landis

It sounds like an obvious business decision: cut headcount, reduce costs, and signal efficiency to the market. When Block CEO Jack Dorsey eliminated more than 4,000 jobs—nearly half the company’s workforce—citing AI-driven efficiency gains, the company’s stock rose more than 20% within hours. Citigroup is........

© Fast Company