How to manage layoffs

financeCFO Magazine recently published an article about “How to Talk about Layoffs“. It includes some valuable anecdotes about layoff processes that don’t work.

Here are several key themes that bear repeating:

  1. No amount of employee communication is too much. Most business leaders assume employees know much more about strategy or financial challenges than they do. Head off greater problems by keeping everyone informed about what you’re doing and what you’re thinking. (more…)

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