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Don’t Cut Your Way to Success: Why Smart Leaders Double Down on People During Crisis

ByJennifer Jensen

When crisis hits, the playbook seems obvious: cut costs, slash budgets, and hunker down until the storm passes. Leadership development? Training programs? Employee engagement initiatives? They’re often the first to go in the name of “fiscal responsibility.” But here’s what the data reveals: organizations that cut their way through crisis rarely emerge stronger. Meanwhile, the…