✉news BusinessBusiness first seen 2 d ago, last 1 d ago, peak #3
Family Firm's 75-Year No-Layoff Record Draws Corporate Interest
Original: Bosses Want the Secrets of the Family Firm That Has Never Had a Layoff in 75 Years
A family-owned company has gone 75 years without laying off an employee, and business leaders are now seeking to learn how it manages it. The unusual record, highlighted by the Wall Street Journal, is drawing attention from executives looking for alternatives to cyclical cutbacks. Observers are weighing whether such long-term job security can be replicated by larger corporations facing constant pressure to trim costs.
Why now: Executives are searching for workforce models that avoid layoffs amid ongoing corporate cost-cutting.
Rank over time, top of the chart is #1. 5 snapshots from 2 d ago to 1 d ago.
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