Layoffs

They expect a “short and shallow” downturn.

Many cling to the idea that reducing staff is the fastest, easiest way to cut costs. But there are smarter, more humane approaches.

Today layoffs have become companies' default response to the challenges created by advances in technology and global competition. Yet research shows that...

Delivering your message with kindness and care is better for both employees and your company.

As a tech employee, Vivek Gulati has navigated multiple layoffs. Here's what he's learned.

Has someone at Circuit City been reading up on the management strategies of the New England Patriots? In the NFL, it’s not uncommon for a team to cut a highly-paid player — usually an aging veteran — only to re-sign him at a lesser salary. The player may not be thrilled, but he’s still employed […]

Treat your people as trusted partners.

"Why aren't layoffs taught as a subject at business school?" Robin Astrigo asked himself. "Boards expect executives to do them well, but nobody knows...

Employers have a rare opportunity to recruit from the ranks of the world's leading digital companies.

At America's 500 largest enterprises, layoffs look like anonymous, mass-market phenomena. Recently announced reductions affect thousands of employees...

When you strip away the fancy jargon, a successful business fundamentally makes more money than it spends. While managers can pull any number of levers to accomplish this, the one they most often choose reads: “Reduce Costs!” And perhaps the most common way they cut costs is to eliminate jobs. This is why we are […]

Waiting for bad news can take a major psychological toll.

Leaders can approach this challenging time with flexibility, transparency, and compassion.

Firms often downsize because it is seen as a way to reduce costs, adjust structures, and create leaner, more efficient workplaces. But new research indicates...

Shift your focus from weaknesses to strengths.

Tyler Smith, the founder and CEO of the enterprise software firm Puck.io, is facing a hard decision. Just three months earlier the company laid off 20%...

Five steps to maintain your connections and reputation.

It never hurts to be prepared for the worst. Especially when it comes to losing your job.

Committed and motivated employees serve customers better; customers happy with your company's products or services are likely to express their satisfaction,...

Companies can make small changes that could dramatically increase retirement readiness.