Will listed companies lay off employees?

Listed companies will lay off employees. When the economy is depressed or the industry competition intensifies, the company's performance may decline. At this time, it is necessary to lay off employees to reduce costs and maintain competitiveness. Sometimes, when companies are reorganized, merged and acquired, there will be job redundancy, which will lead to layoffs. The company decides to shrink a business department or stop a business line, which will lead to layoffs in the corresponding departments or positions. In order to improve organizational efficiency and reduce costs, the company makes internal optimization and adjustment, which will lead to some employees being laid off.