Here are the workers who are most likely to 'boomerang' back to their old companies after a layoff
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Here are the workers who are most likely to 'boomerang' back to their old companies after a layoff
"Sometimes a layoff isn't a farewell forever. Rehires of people who were laid off could become more popular in a shaky job market. Visier, a people analytics firm, looked at how many people were rehired at their previous employers within 15 months of being terminated. Visier found about 5.3% of laid-off employees were rehired, based on global data from 2018 to 2024 covering 142 large organizations with over 2 million employee records."
"Andrea Derler, principal researcher at Visier, expects boomerang hires of people who were previously laid off to increase as companies figure out how to handle "AI-induced pressures" and economic uncertainty. "In times of extreme turmoil, where workforce planning is made even more difficult due to rapid, unexpected, and unpredictable changes, layoff boomerangs seem to be more prevalent," Derler said. Separately, ADP Research found that the share of new hires who were boomerang employees increased from 26% in March 2022 to 35% this past March."
"The US is in a mostly frozen job market marked by low layoffs, but also low hiring. Job growth slowed from a monthly average of 111,000 between January and March to about 62,000 between July and September. Layoffs in the US are low, but announcements are adding up. Outplacement firm Challenger, Gray & Christmas found that there have been over 1 million job cuts announced from US-based employers this year as of October."
About 5.3% of employees who were laid off were rehired by their previous employers within 15 months, based on global data from 2018–2024 covering 142 large organizations and over 2 million employee records. Managers and workers in finance and retail were more likely to be recalled. Boomerang rehiring is expected to increase as companies respond to AI-induced pressures and economic uncertainty. ADP Research found the share of boomerang employees among new hires rose from 26% in March 2022 to 35% this March. The U.S. labor market shows low layoffs and low hiring, with slowed job growth and over 1 million cuts announced year-to-date.
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