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New Ways to Avoid Layoffs, Today at 4pm EST SIRIUS 112/XM 157 Layoffs actually cost companies more than they save.Thats according to Work Life Fit expert Cali Williams Yost, my guest today on Making a Living with Maggie (SIRIUS 112/XM 157 4pm EST). To tune in using a free trial of SIRIUS, click here.Last week, during her interview on Public Radio Internationals The Takeaway, Cali highlighted that managers think firing someone who makes $50,000 a year saves $50,00a year, but the research shows its costing them between $75,000 and $125,000. Cali advises companies instead to use flexibility, such as reduced schedules/salaries, adding unpaid vacation days, furloughs/sabbaticals, etc., as a better approach to reducing labor expenses because it preserves the profit-generating productivity and engagement critical for recovery.Unfortunately many companies are turning to layoffs to save costs at this time. If you or someone you know has been let go from a job recently, there are steps you can take to recover. Join me tomorrow (Thurs, March 19th at 8pm E ST) for a one hour webinar on Leveraging Change to Move Your Career Forward. Click here to learn more and email me at maggie@maggiemistal.com to sign up.It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change. ~Author unknown