General Motors is restructuring its production model and is slimming its workforce as it shifts toward a future of electric vehicles. The company plans to shutter five factories in North America and lay off 15% of salaried staffers.

With the talent shortage at a 12-year high, companies must look into building up existing employees, instead of hiring new ones, according to a survey by ManpowerGroup. Shifting knowledge from one employee to others and discovering which traits embody corporate culture are ways companies can do this.

Employee engagement today means adjusting practices so they better reflect values and expectations of the modern workforce, TempWorks Software President Casey Kraus writes. Kraus suggests ways to nurture this transition, including offering flexibility and being a coach instead of a manager.

Samsung has apologized to employees who suffered poor working conditions that resulted in illness, cancer among workers' children and miscarriage. Samsung has agreed to improve working conditions and to provide each employee who suffered injury approximately $133,000 by 2028.

Companies should be continuously learning and applying insights to strategic decisions and at the level of the individual employee, writes Brian Ricci, growth consultant at Chief Outsiders. "Creating a learning mindset begins with embracing new ideas, encouraging discovery, and questioning the status quo -- so leadership modeling will be critical in this area," he writes.