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Employers are increasingly implementing "quiet cutting" strategies, where employees are reassigned to new roles instead of being laid off, as part of corporate restructuring. A recent report shows that while layoffs have decreased, job eliminations are still occurring through reassignments, which have more than tripled over the past year. This trend is affecting many workers, particularly those still remotely employed, leading to increased anxiety about job security. Ray Smith from The Journal discusses these developments, highlighting the significance of this situation for employees navigating their roles in a changing workplace.
