Hiring More Employees Leads to Better Revenue Growth Than Staff Reductions
A study by software platform Orgvue found that companies which increased their workforce experienced better revenue growth compared to those that reduced staff. Firms investing in human-fueled growth achieved 12.2% year-over-year revenue increases, double the rate of 'doing more with less' firms at 6.8%. Only a small percentage saw repeated gains after routine layoffs.
Topics: AI adoption corporate restructuring revenue performance workforce growth