India, Oct. 19 -- Melanie Dulbecco, CEO of US-based syrup manufacturer Torani, believes layoffs are often a choice rather than an unavoidable business decision. Despite economic uncertainty, technological changes and the Covid-19 pandemic, the company has maintained its commitment to retaining employees while expanding its operations.

(Also read: JPMorgan CEO Jamie Dimon predicts shorter workweeks, higher incomes as AI transforms jobs)

Speaking to Business Insider, Dulbecco explained how Torani has grown from a business generating $700,000 annually to one targeting more than $800 million in revenue in 2026, without resorting to layoffs.

Dulbecco joined Torani in 1991 as its ninth employee and became its first CEO in 1995. The Californi...