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Layoffs temporary, say many employers

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Though many companies have laid off employees, a lot say they’ll bring those workers back once the recession ends.

About 40% of employers say they’ll rehire many employees who were let go during the downturn, according to a recent survey by OI Partners.

Higher numbers were in the industries most affected by the economic downturn. For example, half of respondents in the financial sector expressed interest in rehiring laid-off employees, along with 47% in the construction industry.

The reason: To avoid training costs, it makes sense to bring back people who already know the work and the company.

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