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If they have been carefully selected based on core values (for example, DEI) or long-term business goals (such as making measurable progress toward converting a fleet of vehicles from gas to electric to cut long-term costs), then companies have been on the right track, with no need to change direction.

.; ;Almost half (48%) of surveyed hybrid and remote workers reported they would be willing to take a pay cut of 8%, on average, in order to have work flexibility.; Because the demand for flexibility and remote work options remains high, said Jennings, organizations should consider evolving their flexible work models to meet these expectations.

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Workers Stellantis is laying off roughly 400 salaried employees in the U.S. in its engineering, technology and software units to cut costs as the automaker faces what it calls challenging market conditions.

Learn More Learn More Resources for Reporters Whether you need summary data from our cutting-edge research, or in-depth interviews with workplace experts who can translate complex ideas into cogent quotes, WorldatWork is your go-to resource.

Intuit to Cut Nearly 10% of Its Workforce Financial software company Intuit will lay off nearly 1,800 employees as part of a reorganization plan to increase focus on artificial intelligence (AI), according to a GlobalData report .

.; However, the currentgovernment shutdownandsevere federal staffing cuts, including thoseat the DOL’s Employee Benefits Security Administration (EBSA), may impede this timeline and limit plan formation and implementation.

Resources for Reporters Whether you need summary data from our cutting-edge research, or in-depth interviews with workplace experts who can translate complex ideas into cogent quotes, WorldatWork is your go-to resource.

To learn more, visit https://worldatwork.org Resources for Reporters Whether you need summary data from our cutting-edge research, or in-depth interviews with workplace experts who can translate complex ideas into cogent quotes, WorldatWork is your go-to resource.

More and more often, retention awards are tied to improved business performance, and shorter retention periods mark one way that companies can cut retention-related costs.