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The economics of traditional workforce management and restructuring no longer make sense in today’s rapidly changing business environment. The constant cycle of hiring and firing workers is not only expensive and wasteful, but it also destroys employee engagement and morale, damaging the employer brand. To build a future-proof workforce, organizations need to move beyond outdated practices and embrace workforce transformation through adaptive workforce solutions, continuous learning, and reskilling strategies. Developing a renewable workforce and a dynamic talent ecosystem is key to thriving in the face of change.