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Many Contractors shall be shown the door
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If your business unit is not bringing in cash ( or running in loss ). It'll most likely suffer. The good candidates as well.
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Amalgamation of multiple business lines forcing higher management level cuts.
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Underperformers irrespective of businesses unit, shall be let go.
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Any past rift with manager or team is usually fatal.
Based on my experience having seen a few layoffs.