Local papers across the country have been reporting mass-scale redundancies while websites like HoldtheFrontPage have turned the spotlight on job losses in our industry.
But what happens to the staff and companies which are left behind?
Business psychologists say that ‘sole survivor’ syndrome can be a real problem for firms with staff feeling guilty that they’ve escaped the chop.
Keeping workers motivated and happy after major upheavals is a key to future prosperity.
What’s the story among firms on your patch that have gone through major changes in recent months?