As recession looms, forget layoffs. Workers – and businesses – need flexible schedules.

As we teeter on the brink of a possible recession, business leaders have a make-or-break choice. Use this moment to threaten or plan layoffs while mandating employees return to the office. Or double down on flexible ways of working and make flexibility a core part of their operating model.

Businesses can force their employees back to an outdated work style that was disappearing even before the pandemic and is no longer valued or understood by most of the workforce. Or they can determine how to manage costs, maintain performance and arrive at the other side with a loyal workforce that is engaged and ready to seize opportunities when the recovery begins.