Is this a good thesis statement Layoffs are a challenging but sometimes necessary part of running a business. When a company is facing financial difficulties or needs to downsize its workforce to stay afloat, it can be challenging to determine which employees should be let go$.$ Careful consideration must be taken in how the layoff is handled. Leaders must ensure that the process is transparent, respectful, and fair to all employees. Ethical leaders can build trust, maintain employee engagement, and promote a positive organizational culture by demonstrating moral principles and values.