Workforce reduction often becomes the default move in turnaround strategies, even in industries where labor costs are a small fraction of total expenses. But does cutting jobs truly drive long-term success, or is it just a quick fix? 📖 Read my latest article for insights on the viability of alternative strategies and a smarter & sustainable approach to business turnarounds. https://www.linkedin.com/pulse/turnaround-plan-dilemma-why-job-cuts-dominate-cost-even-muhammad--ne6gf