Manager’s Guide to Managing Corporate Lay-offs and Downsizing

Managing layoffs and downsizing is a challenging task that requires sensitivity, planning, and clear communication. Here’s a guide to navigating this difficult process as a manager: 1. Understand the Need: Reasons: Clearly understand why layoffs are necessary, whether it’s financial constraints, restructuring, or other factors. This understanding will help you communicate effectively with your team. […]

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