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Consumer Sentiment Turns Positive as Inflation Slows

With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September. Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest report. This is the second consecutive month of increase, following August’s rise of 1.5 points,…

The post Consumer Sentiment Turns Positive as Inflation Slows appeared first on RISMedia.




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Lender Data Shows Refinance Offers Have Increased 42% Nationwide Over the Last Year

Remember the days of 3% mortgage rates? As a relieved nation emerged from the Covid-19 pandemic in 2021, along with it came those historically low average mortgage rates below 5.00%, 4.00% or even sub-3.00%. But as inflation began to increase so too did mortgage rates, rising to nearly 8.00% in 2023 and 2024, their highest…

The post Lender Data Shows Refinance Offers Have Increased 42% Nationwide Over the Last Year appeared first on RISMedia.




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Timex Sri Lanka replaces SAP with WFX Cloud ERP for digital upgrade

Timex Garments adopts WFX ERP for specialised, cloud-based digital transformation, enhancing efficiency. Replacing SAP with WFX, Timex gains industry-specific solutions with WFX ERP for garment manufacturing. New WFX ERP ensures Timex Garments remains innovative and responsive to market changes. This shift will enable Timex to improve operational efficiency.




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France’s Lectra launches AI-powered platform Valia Fashion

Lectra has launched Valia Fashion, an AI-powered digital platform that streamlines apparel production, from order processing to fabric cutting. Designed for Industry 4.0, it improves collaboration, automates workflows, and optimises material use. Valia Fashion helps brands, manufacturers, and subcontractors enhance agility, control costs, and meet sustainability goals.




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Thai company Pilot Knit adopts Coats Digital’s FastReactPlan

Coats Digital has announced that Thailand's Pilot Knit Garment has adopted its FastReactPlan solution to transform manual planning processes, improve efficiencies, and reduce lead times. This integration enhances visibility, streamlines production, and supports future growth for the sportswear manufacturer, part of the Yong Udom Textile Group.




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US’ Ralph Lauren’s Q2 earnings exceed projections; raises FY25 outlook

Ralph Lauren Corporation reported Q2 FY25 earnings per diluted share of $2.31, up 5 per cent YoY on a reported basis, and $2.54 adjusted, a 21 per cent increase. Net revenue rose 6 per cent to $1.7 billion, while gross profit reached $1.2 billion with a margin of 67.0 per cent. Regional revenues grew, driven by strong results in Asia, Europe, and North America.




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Germany’s Adidas & Moon Boot launch first-ever winter collection

Adidas Sportswear debuts its first brand collaboration with Moon Boot, blending street style with ski heritage for urban winter wear. Showcased by Lena Mahfouf and BABYMONSTER, the collection features activewear, snow boots with BOOST cushioning, and a Collegiate Jacket. Made partly from recycled materials, the range embodies functional fashion for colder months.




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Finland’s Marimekko’s Q3 2024 sales decline slightly to $50.48 mn

Marimekko has reported net sales of €47.2 million (~$50.48 million) in Q3 2024, down 1 per cent YoY, impacted by reduced wholesale sales in Finland but offset by a 9 per cent rise in international sales. Operating profit fell 14 per cent to €11.1 million (~$12.1 million). Retail sales showed strong growth, with a 12 per cent increase overall and 8 per cent in Finland.




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Sri Lanka's garment exports up 4% to $3.3 bn in Jan-Sept 2024

Sri Lanka’s garment exports reached $3,479 million in Jan-Sept 2024, a 4.0 per cent increase from the previous year. However, textile exports declined by 15.9 per cent, totalling $224.3 million. Imports of textiles and clothing rose significantly, with textiles up by 18.2 per cent. In 2023, garment exports dropped by 19 per cent to $4,440.6 million, and textile imports fell by 22.6 per cent.




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Navigating AI Regulation: Balancing Innovation and Protection

In this article, we will learn how to navigate the fine balance building AI regulation while simultaneously fostering innovation.




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How to Learn AI the Lazy Way

Embrace your inner lazy learner and focus on being efficient with your time and energy.




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Role of Collagen in Anti-Aging Skin Care

It is the most abundant protein in the body! The collagen is found in the dermis layer of the skin which is the second layer of the skin and is responsible for the plumpness, strength and hydration of the skin. It is a group of proteins in fact which provides the tensile strength to the skin. It is said that collagen in the skin is more strong than steel.




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Why Were Dividend King Stocks Coca-Cola, PepsiCo, and Procter & Gamble Falling After the Election?




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1 AI Stock May Be Worth More Than Apple, Microsoft, Amazon, and Tesla Combined by 2030, According to a Wall Street Analyst




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These Stocks Are Moving the Most Today: Tesla, Rivian, Spirit Airlines, Spotify, Cava, Rocket Lab, and More




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1 Key Reason Palantir Stock Has the Potential to Be the "Next Nvidia Stock"




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Tesla Stock Rises. Elon Musk Will Lead New Government Department for Trump.




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Tesla’s meme-like stock surge leaves Wall Street feeling wary




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Trump Reportedly Urges Russian President To Deescalate War With Ukraine: Here's How Crude Oil WTI Futures Are Reacting




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Stocks Edge Lower as Inflation Concern Mounts: Markets Wrap




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Rest of World’s Markets Broken By Trump’s America-First Plan




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Futures slip as markets await inflation data for clues on Fed's rate path




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Billionaires Warren Buffett, Israel Englander, and Steven Cohen Are Piling Into Wall Street's Most-Popular Reverse Stock Split of 2024




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Palantir Stock vs. Super Micro Stock: Billionaire Israel Englander Buys 1 and Sells the Other.




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Meeting in Orlando?I-Drive has all of the components for successful meetings

There are many reasons to choose the International Drive Resort Area in Orlando as the site for successful meetings and events. Flexible convention space, a wide range of accommodations, top-rated airports and convention center and sophisticated retail, dining and entertainment districts make it a top pick among meeting planners.




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Shopping Addictions Satisfied Here!!! International Drive Resort Area Offers Orlando Visitors Endless Shopping for Hot Bargains!

As one of the top five most popular shopping destinations in the U.S., Orlando is a shoppers paradise. And the I-Drive area is well-known for its designer outlets and great bargains.




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From the Worlds Largest to the Worlds Best, the I-Drive Resort Area Offers Endless Dining Adventures!

Dining is just one more adventure for visitors to the International Drive Resort Area! With a surprisingly diverse array of epicurean delights, culinary choices include American, Brazilian, Caribbean, Chinese, Greek, Ethiopian, Irish, Italian, Japanese, Mediterranean, Mexican, Italian and Thai.




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I-Ride Trolley utilizes latest technology to transport visitors along Orlandos tourist corridor

Trolley system makes vacation planning easier, cost effective and more efficient for visitors to The I-Drive Resort Area




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Relax and Rejuvenate!

On vacation or attending a meeting, The International Drive Resort Area offers lots of ways to chill out




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Put Some Glamour in Your Next Vacation

Splurge on the Luxurious Side of International Drive! We all need some well-deserved pampering and slurging on a few luxurious treats on vacation and the International Drive Resort Area has it all: World class accommodations, soothing spas, elegant dining, great shopping, golfing and special tours fit for a VIP: YOU!!! Check out these suggestions to treat yourself to the best of the best in the worlds most famous vacation destination!




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Saving for Vocational School Through 529 Plans

Saving for Vocational School Through 529 Plans cbeaty Tue, 11/15/2022 - 15:39

Saving for Vocational School Through 529 Plans

Skilled laborers are needed across the nation. The shortage has affected overall construction costs and the recovery from Hurricane Ian, among many other localized issues. Increasing the number of vocational school graduates and providing resources to fund these programs may be a long-term solution.

A June 2022 assessment conducted by Indeed found that the average cost of trade school ranges from $3,674 to $15,923, which is more affordable than a traditional four-year degree program, but may still be a barrier for many Americans looking to develop trained labor skills.

Aside from grants and loans, 529 savings plans are an additional option to help students pay for trade or vocational programs, according to an October 2022 press release from the Education Trust Board of New Mexico, the organization that administers the state of New Mexico’s 529 education savings plan. A 529 plan is a state-funded savings plan that offers tax advantages and an opportunity to save for future education costs.

There are two types of 529 plans: prepaid tuition plans and education savings plans.

Under a prepaid tuition plan, the saver or account holder can purchase credits at the current rate for a beneficiary’s future use toward tuition. The contractual terms will vary by state, but most enforce a residency requirement and do not allow the funds to be applied toward room and board.

An education savings plan allows a saver to manage an investment account, including various mutual funds or exchange-traded fund portfolios, to fund the beneficiary’s future qualified higher education expenses. This includes tuition, fees and room and board, up to $10,000 per year.

According to the Education Trust Board of New Mexico, there is no required minimum contribution amount and savers have flexibility in how often they add to the account.

The demand for skilled workers will continue to grow. According to September 2022 data from the U.S. Bureau of Labor Statistics, the demand for construction laborers and electricians is projected to grow by 7% between 2022 and 2030. With no signs of slowing down, saving for trade school may be a promising option for those looking to invest in their or a loved one’s future.

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Lower Income Households Warming Up to Solar Power

Lower Income Households Warming Up to Solar Power hsauer Tue, 11/22/2022 - 14:18

Lower Income Households Warming Up to Solar Power

Despite its growing popularity, solar power remains a luxury that, typically, only more affluent households can afford, due mostly to the high costs of installation.

However, recent statistics show that the technology is not completely exclusive. A greater share of lower-income households and neighborhoods are having rooftop panels installed.

Lawrence Berkeley National Laboratory released the latest edition of its annual report, Residential Solar-Adopter Income and Demographic Trends. This November 2022 edition, updated from its initial 2022 report released in February, is based on address-level data for 2.8 million residential households across the country that have installed solar on-site. The latest update includes data on systems installed through 2021.

The report reveals some unsurprising statistics. For example, the median income for solar adopters was $110,000. This is above the national average of $79,000, and confirms that households with solar are more likely to have above-average means.

However, a closer look at the results reveals that solar technology is not exclusively for the rich. Several statistics show that the average income is trending downward, indicating that solar is becoming more accessible to those in lower-income tiers.

For example, according to the report, the average household income of solar adopters in 2010 was $129,000. This represents a drop of almost $20,000 in 11 years.

Also, the median income figure reveals that while half of the nation’s households with solar have incomes above $110,000, an equal number have incomes below that level.

Looking at that lower half a little more closely, the report finds that roughly one-third of all households that installed solar in 2021 had incomes between $50,000 and $100,000. Another 15% of households had incomes below $50,000. The most well-represented income category was composed of those households with incomes between $75,000 and $100,000. They comprised roughly 18% of the total number of households that installed solar last year.

The report also finds that the share of the solar market in disadvantaged communities has been rising over time. According to Department of Energy figures, the percentage of residential solar installations in these communities has more than doubled from 5% in 2010 to 11% in 2021.

Lastly, the report finds that solar markets are also moving into less-affluent states. While roughly half of the nation’s solar adopters are in California, which is a relatively high-income state, the market for solar is growing in states like Texas and Florida, which are considered middle- and low-income states, respectively.

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Future-Proofing Your Strategy with Scenario Planning

Peter Scoblic, cofounder and principal of the consultancy Event Horizon Strategies, says that too many companies are short-sighted in their strategy-making and don't effectively plan for different potential futures. Using examples from the U.S. Coast Guard, he explains how thoughtful and ongoing scenario planning exercises can help organizations decide which investments will allow them to thrive in varying circumstances and navigate many types of crisis. Scoblic is the author of the HBR article "Learning from the Future."




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Cultivate a Trans-Inclusive Workplace

Katina Sawyer, assistant professor at the George Washington University, says transgender workers continue to be overlooked even as organizational diversity initiatives become more widespread. Her research shows that many trans employees experience ongoing discrimination, from microaggression to job loss. Sawyer shares effective formal policies and details the informal ways managers can make their workplaces — physical and virtual — truly welcoming for trans people. Sawyer is the author, along with Christian Thoroughgood and Jennica Webster, of the HBR article "Creating a Trans-Inclusive Workplace."




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How to Build Workplaces That Protect Employee Health

John Macomber, senior lecturer at Harvard Business School and a veteran of the real estate industry, was studying ways to make workplaces safer for employees long before the Covid-19 crisis hit. Now that issues like air and water quality are top of mind, he is encouraging organizations to think more holistically about the buildings in which they operate, balancing cost efficiency and even eco-friendliness with investments in improvements that boost health. Studies show this will not only stop workers from getting sick; it will also enhance productivity, which ultimately helps the bottom line. Macomber is the author of the book “Healthy Buildings: How Indoor Spaces Drive Performance and Productivity”.




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The Fundamental Human Relationship with Work

James Suzman, an anthropologist and former executive, says one way to better understand the future of work is to learn from the history of it. He has studied an ancient hunter-gatherer society in Namibia and says our modern notions of work, economy, and productivity are perhaps too limiting. Suzman argues that humans have always been drawn to work for its intrinsic value, and that managers can prepare for the future workplace by broadening their thinking about work and purpose. Suzman is the author of the new book "Work: A History of How We Spend Our Time."




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What Black Leaders Bring to the Table

Chad Sanders, a former tech executive and entrepreneur, says that people of color, especially Black men like him, often feel the need to assimilate to white corporate culture. They learn to code switch and downplay their race. But Sanders realized a few years into his career that, by trying to fit in, he was failing to leverage the strengths he'd developed growing up as a minority in the United States. After digging into the stories of successful Black leaders, he discovered some common threads to their leadership styles, including empathy, resilience and creative thinking, and he has advice for rising Black executives who want to put those attributes to work as well as the organizations who employ them. Sanders is the author of "Black Magic: What Black Leaders Learned from Trauma and Triumph."




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Workplace Design, Post-Pandemic (Back to Work, Better)

Anne-Laure Fayard, associate professor at NYU’s Tandon School of Engineering, was studying the effects of workplace design on employees long before the Covid-19 crisis. Now, she says, the trend of flexible schedules and hybrid offices - where some people come in, others work from home, and many do both - is here to stay. This means that businesses need to reimagine offices as places built less for individual knowledge work than for learning, collaboration, and culture-building. Fayard is the coauthor of the HBR article "Designing the Hybrid Office."




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CEO Series: Ursula Burns on Leading with Authenticity at Xerox

Ursula Burns, CEO of Xerox from 2009 to 2016, rose from humble beginnings to become the first Black woman to lead a Fortune 500 company. In this interview with HBR editor-in-chief Adi Ignatius, she talks candidly about the frequent challenges and occasional advantages of being "the only" and explains why organizations needs to do a better job of promoting both economic and racial equality -- themes that also animate her new memoir, "Where You Are is Not Who You Are".




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Rethinking Our Relationship with Work (Back to Work, Better)

Emily Esfahani Smith, author of “The Power of Meaning,” has long studied how people find fulfillment. As the ongoing pandemic causes many of us to rethink how and why we do our jobs, she offers advice on how to find more enjoyment and engagement, avoid burnout, reset ambitions, and, if necessary, change paths. One key is to define - or redefine - your purpose as it relates to work, and Smith explains how to do that wherever you are in your career.




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Inside Companies that Get the Purpose-Profit Balance Right

Purpose has become a corporate buzzword over the past decade. Leaders are embracing the idea that companies can’t just do well financially; they also have to do good for society. But how many organizations are really walking the talk? Ranjay Gulati, professor at Harvard Business School, has studied how dozens of purpose-driven companies -- from Etsy in the United States to Recruit in Japan -- simultaneously pursue profits. He argues that while we all want a win-win, leaders must also sometimes learn to make thoughtful tradeoffs. Gulati is the author of the book "Deep Purpose: The Heart and Soul of High-Performance Companies” and the HBR article “The Messy but Essential Pursuit of Purpose.”




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Filmmaker Ken Burns on Lessons in Innovation and Collaboration

As the acclaimed documentarian releases a new two-part PBS series about Ben Franklin, he describes how the U.S. founding father transformed himself from teen runaway to newspaperman, then inventor, then political elder. He explains what current leaders can learn from how Franklin approached business, scientific discovery, and his fellow nation-builders. Ken Burns, whose films have covered everything from the Civil War to baseball, also shares insights on how he and his teammates get their own groundbreaking work done.




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Working with Colleagues: Should You Collaborate or Compete?

Randall Peterson, founding director of the Leadership Institute at London Business School, studies coworker dynamics. He says lately, the idea of head-to-head competition for advancement has gone out of style in favor of a more cooperative ideal. In reality, he says, interpersonal relationships at work can be both. Sometimes you cooperate closely with colleagues. Sometimes you compete directly with them. And sometimes it’s most effective to work independently. He explains how to deal with each scenario. And he shares how managers can help their teams find the right balance. Peterson is a coauthor of the HBR article “When to Cooperate with Colleagues and When to Compete.”




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How Political Polarization Is Changing Work

Politics has traditionally been a taboo topic to discuss on the job. But as people get more vocal about their views -- on everything from from climate change to racial justice, elections to invasions -- it's increasingly hard to keep debate out of the workplace. And that can lead to conflicts between colleagues. Julia Minson of the Harvard Kennedy School of Government and Francesca Gino of Harvard Business School have studied how political polarization is affecting organizations and have advice on handling the challenges it presents. Together, they wrote the HBR article “Managing A Polarized Workforce: How to Foster Debate and Promote Trust.”




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Open Digital Platforms to Spur Innovation

As the novel coronavirus surfaced in Wuhan in 2019, Chinese officials called for mobile isolation wards. Haier Group partnered with suppliers to design and construct units quickly, thanks to the openness of the leading manufacturer’s digital platforms. Unlike Haier, many companies have tightly regulated, siloed platforms. Georgetown Professor Kasra Ferdows says more companies can unlock innovations by extending their platforms to facilitate a broader range of collaborations. He breaks down how Haier capitalizes on the expertise and resources of its ecosystem and rapidly exploits new business opportunities. Ferdows is a coauthor of the HBR article "How to Turn a Supply Chain Platform into an Innovation Engine."




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Red Flags You Won’t See on a CEO’s Resume

For a long time, we have believed that strong corporate governance is enough to prevent CEO malfeasance. However, new research shows that the lifestyle behaviors of executives can spell trouble for companies, regardless of the guardrails in place. Aiyesha Dey, an associate professor at Harvard Business School, has investigated executives’ past criminal records and the cost of their homes and automobiles. Her research has linked an individual’s materialism and propensity for rule breaking to fraud, insider trading, and risky business activities. She says that boards and other hiring bodies should pay more attention to personal behavior when picking organizational leaders. Dey wrote the HBR article "When Hiring CEOs, Focus on Character."




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How the Unionization Trend is Changing Workplace Dynamics

For years, union membership has been shrinking in the United States and many other countries. But recently we've seen a resurgence, with employees in sectors like retail, hospitality, and media organizing to collectively bargain for better pay, benefits, and job flexibility. Thomas Kochan, a professor at the MIT Sloan School of Management, has long studied how unions affect individual, team, and corporate performance. He explains why some fears about them are overblown, how workers form successful ones, and how leaders can partner with these groups to ensure the best outcomes for everyone.




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NASA’s Science Head on Leading Space Missions with Risk of Spectacular Failure

In 2021, the U.S. space agency NASA launched a spacecraft toward a pair of asteroids more than 11 million kilometers away. The target? The smaller of the two asteroids, just 170 meters wide. The success of the $300 million, seven-year project demanded careful coordination of scientists, engineers, and project managers across different national space agencies. It also required strong leadership from NASA's head of science, Thomas Zurbuchen. He shares his path to an executive role at NASA, his management philosophies, and how he oversees trailblazing space missions with high risk of failure.




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Ron Howard on Collaborative Leadership and Career Longevity

For decades, actor-producer-director Ron Howard has made popular and critically acclaimed movies while also maintaining a reputation for being one of the nicest guys in Hollywood. He explains how he turned early TV gigs into long-term success and why he often involves his cast and crew members in creative decisions. His latest film is Thirteen Lives.




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Why Many Companies Get Layoffs Wrong

From Microsoft to Google to Meta, many of the world's biggest tech companies have been announcing layoffs recently. Their explanation is usually that they overhired and need to cut costs. But Harvard Business School professor Sandra Sucher, who has been studying layoffs for years, says companies often underestimate the downsides. Layoffs don’t just come with bad publicity, she explains. They also lead to loss of institutional knowledge, weakened engagement, higher turnover, and lower innovation as remaining employees fear risk-taking. And she says it can take years for companies to catch up. Sucher is a coauthor of the HBR article "What Companies Still Get Wrong About Layoffs."