In this video, we delve into the intricacies of company-wide layoffs, examining the factors that play a crucial role in determining who gets laid off. Explore the key considerations employers take into account during these challenging times and gain a comprehensive understanding of the layoff decision-making process. We start by exploring the impact of job performance on an employee's vulnerability to layoffs. From productivity and quality of work to meeting job expectations, we discuss how performance evaluations shape layoff decisions. Seniority and length of service are also significant factors in determining who stays and who goes. Discover the implications of the "last in, first out" approach and its influence on the layoff process. Job skills and qualifications play a pivotal role as well. We analyze how companies assess the value of employees' skill sets and make decisions based on their relevance to current and future business needs. Cost reduction strategies and financial considerations are vital aspects of layoffs. Learn how companies balance the need to cut costs with the potential long-term impacts on their workforce and employer brand. Diversity and inclusion also come into play during layoffs. Explore how organizations strive to maintain fairness and avoid biases, ensuring that layoffs do not disproportionately impact any particular group or violate anti-discrimination laws. Understanding these dynamics is crucial in today's era of change and uncertainty. Gain valuable insights into the layoff decision-making process and how it affects employees and job seekers. Enhance your understanding of employer branding and equip yourself with the knowledge to navigate layoffs and make informed career decisions. To learn more about Daggerfinn's employer branding and growth strategies practice, visit us at https://daggerfinn.com.