As peers face redundancy, one reason the highest-performing workers may particularly run to other roles, says Sajjadiani, is that “departmental cuts often mean that top performers and managers lose their jobs. It sends the signal to high-performing colleagues to seek opportunities and secure employment elsewhere” – especially as they may have better labour-market prospects.
This manifests similarly for voluntary quits, she adds. “But compared to resignations, the process with layoffs is intensified. They think, ‘I’m next, I need to save myself’.”
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