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The mass layoffs that happened in 2023 — more than 305,000 American workers lost their jobs, according to Forbes.com — can negatively impact the morale of their former colleagues still on the job.
As the recently released "Glassdoor 2024 Workplace Trends" report notes, "[e]mployers who undertook layoffs in 2023 have seen sharp drops in employee satisfaction," based on Glassdoor ratings provided by employees of more than 100 companies that experienced significant layoffs.
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