ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A jobless recovery is a period in which the economy recovers from recession without reducing the unemployment rate.

Detailed explanation-2: -Many big companies have announced layoffs to cut costs and remain competitive in a challenging economic environment. While layoffs can be a necessary step for some companies, they can also have negative impacts on employees, communities, and the broader economy.

Detailed explanation-3: -Does Restructuring Mean Layoffs? Generally, when a company restructures, it lays off some of its employees. This is typically so because a restructuring involves downsizing, which can include closing some groups, merging others, and generally looking to become more efficient and cut costs.

Detailed explanation-4: –Manage the Emotional Impact.-Fire Up Your Support Network.-Budget Accordingly.-Evaluate Your Career Direction.-Fill Your Gap.-Track Your Progress.-Set Monthly Goals.-Set Short-Term, Weekly Goals. More items