By 2030, 47% of jobs in the USA will have a high risk of automation related displacement (ScienceDirect)
33%
RIF done poorly costs big (as much as 33% of an employee’s salary to replace them) (BenefitNews)
70%
of companies that cut 10 percent or more jobs suffer a fall in stock prices, decline in productivity and customer satisfaction (Harvard Business Press)
The power of intentionality
Reactive layoffs create downstream problems which companies can struggle to recover from. Layoffs and reduction in workforce mandates require intentionality and careful planning to ensure that critical roles are retained and crucial functions are not compromised.
Brands who use Functionly
How Functionly helps reduction in force (RIF)
Forecast cost reduction over time
Functionly models future costs, headcount, and FTE, giving you a clear, real-time view of potential cost reductions over time, even in complex matrix organizations.
With Functionly, create future-state scenarios that streamline reporting lines, allowing you to visualize efficiency improvements and make well-informed decisions.
Functionly maps out workloads and responsibilities in real time, so you can see exactly where every task is covered and where there’s risk of work falling through the cracks.
Functionly moves beyond hiring and firing plans and helps companies to optimize the way people work together to achieve organizational goals. Instead of focusing on the negative and peripheral problems, restructures allow organizations to identify opportunities for change and improvement on the other side of cost reduction.
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