Which of the following is NOT true about the effects of layoffs?
A) Survivors have problems
B) Victims have problems
C) The local community suffers
D) All three are true

Question

Quizplus · Accepted Answer

All three statements are true. Layoffs not only affect the victims who lose their jobs but also have a psychological impact on the survivors who may feel increased work pressure and uncertainty about their job security. Furthermore, layoffs can have a ripple effect on the local community as businesses may lose customers and there may be a decline in economic activity.

Which of the Following Is NOT True About the Effects