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CEO Says Company Has Avoided Layoffs for 101 Years and Advises Against Cuts

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The chief executive of the company has highlighted that it has not carried out any layoffs in 101 years. Drawing on this record, the CEO has advised against making job cuts as a response to business pressures. The remarks underline the firm's long-standing approach to workforce retention. The article presents the CEO's advice as a principle the organization has upheld across its history.

Read the full story at Economic Times

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