Final answer:
The negative effects on the workforce following a badly performed layoff are referred to as Survivor's syndrome. This includes job dissatisfaction, employee disengagement, and work alienation. Different types of unemployment, such as cyclical and structural, can affect various professions based on industry changes or economic conditions.
Step-by-step explanation:
In Weakland's article, it is stated that the negative effects experienced by the remaining workforce after a badly performed layoff are generally known as Survivor's syndrome. This phenomenon is characterized by feelings of guilt, stress, and anxiety among the remaining employees. They can experience a disruption in morale and productivity due to the change in environment and the uncertainty about their own job security. Survivor's syndrome often results in various workplace issues such as job dissatisfaction, employee disengagement, and a sense of work alienation.
The adverse selection of wage cuts argument illustrates why firms prefer layoffs to wage cuts, as wage reductions tend to drive away the most skilled workers. When addressing structural shifts in industries, such as automation, globalization, or regulatory changes, workers may experience structural unemployment, where their skills become obsolete or less in demand.
Concerning different types of unemployment, landscapers laid off due to a recession would experience cyclical unemployment, coal miners affected by EPA regulations would face structural unemployment, a financial analyst moving states is an example of frictional unemployment, and printers laid off due to technological change would also encounter structural unemployment, similar to factory workers displaced by plant relocations.