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Fortune
Fortune
Sheryl Estrada

DARK SECRETS: Mass layoffs are terrible for shareholders a study finds | Rare Historical Photos

Mature businessman leading meeting in office conference room (Credit: Thomas Barwick—Getty Images)

Good morning,

Do mass layoffs reflect poor management? That's up for debate. But a new analysis suggests the practice harms shareholder returns, and companies should instead consider tactics like a four-day workweek to cut costs.

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