The cost advantage of retraining over outside hiring is attention-grabbing. It can cost up to 3 times more to lay off and re-hire than to retrain an existing employee. Watch some of Alain Dehaze's insights at Fortune’s virtual Global Forum.

The cost advantage of retraining over outside hiring is attention-grabbing. It can cost up to 3 times more to lay off and re-hire than to retrain an existing employee. Watch some of Alain Dehaze's insights at Fortune’s virtual Global Forum.