Reductions in force and other cost-saving measures: A guide for global employers

In response to economic challenges like inflationary pressures and slowing growth, some global companies are considering cost-saving measures, including reductions in force (RIFs), to build their financial health and retain flexibility. Local laws vary widely, however, making it critical for global employers to take care when assessing and implementing such measures. In addition to reviewing legal requirements and risks across jurisdictions, companies are also weighing how actions may impact their future growth strategy, their reputation and their people. 

In our guide, we offer strategies for global employers to consider during periods of heightened volatility and slower economic growth.