I have developed business cases that compare the costs of layoffs with those associated with creating and implementing a more data-driven resourcing and onboarding strategy that aligns with corporate needs. This approach requires strategic foresight and the establishment of mechanisms to adopt a deliberate, rather than a reactive, approach to resourcing. By investing the effort upfront to understand and align company needs with specific resources, businesses can avoid the inefficiencies and human costs associated with mass hiring followed by mass layoffs, making it a more cost-effective and humane solution.
https://www.linkedin.com/news/story/what-layoffs-really-cost-employers-6132140/