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Have you made the mistake of hiring too soon?

Berkonomics

become economic contributors to the bottom line, there is much to be said about consistent or improved service quality by having trained employees already on the front line when the customers want and need them. Although hiring early does add to overhead by bringing employees aboard before they.

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5 Strategies To Capitalize On Hard Times In Business

Startup Professionals Musings

It's far less expensive to nail down repeat business from your existing customers than it is to land new ones. Now is the time to reap the benefits of those good customer relationships that you've been cultivating. Viral marketing campaigns to lure new customers will cost you big money. Focus on your core competency.

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Latest Post-COVID Trends in the Telecom Sector

Southern California Edison Blog

Telecom carriers looking to stay competitive should continue strengthening their network infrastructure and adding greater flexibility to their service offerings to provide reliable and high-performance connectivity for their customers. Offer Greater Service Flexibility. Post-Pandemic Consumer Trends In The Telecom Industry.

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5 Key Recovery Strategies Counter Economic Downturns

Startup Professionals Musings

It's far less expensive to nail down repeat business from your existing customers than it is to land new ones. Now is the time to reap the benefits of those good customer relationships that you've been cultivating. Viral marketing campaigns to lure new customers will cost you big money. Focus on your core competency.

Geni 172
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Tech Companies Are Hiring Staff… Then Rescinding the Offers

Tech.Co

Mass Layoffs Taking Place. Rising inflation has deterred customers from purchasing products online and shares in Etsy, Shopify, Wayfair, and Poshmark all plummeted last month. The fintech firm has also laid off almost 20% of its workforce. The ecommerce industry, which boomed during the pandemic, has had a tough few months.

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Hire ahead of need only when growth is stable.

Berkonomics

Although such a practice does add to overhead by bringing employees aboard before they become economic contributors to the bottom line, there is much to be said about service quality by having trained employees on the front line when the customers want and need them.

Training 159
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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

1 priority was to ensure long-term financial stability and secure the core team, technology development and customer programs no matter what the scenario, Czinger said, adding that there is still enormous uncertainty surrounding the real impact and duration of the COVID-19 pandemic. Divergent 3D has two global OEMs as customers.

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