Ethical layoffs?

Nick Gallo

Nick Gallo

Giovanni Gallo

Giovanni Gallo

By Nick Gallo and Giovanni Gallo

Nick Gallo (ngallo@complianceline.com) and Gio Gallo (ggallo@complianceline.com) are Co-CEOs of ComplianceLine and lifelong students of healthy workplace cultures, based in Charlotte, North Carolina, USA.

With a softening global economy, creeping inflation, and increasing interest rates, a fresh wave of layoffs is happening. Large-scale layoffs across venture capital–backed technology firms, real estate companies, and other industries have begun. As compliance officers, what are the ethics of layoffs?

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