Corporate Strategy of Layoffs: Game Theory Perspective & Insights
Layoff used to be a last resort for businesses to survive the storm but in this era, it has become a default strategy. Whether it is about increasing profits, diving into innovation, or responding to market changes, global businesses seem to have only one arrow in their quiver: Layoffs. Some even pursue this path simply because of social contagion. They don’t want to be looked at as inactive or…













