Wednesday, July 15, 2009

Downturn Turn-offs: Layoffs and Terminations


As an economic development practitioner I hate to see jobs go away, but employment attrition will likely be a continuing fact of life for some firms this year. In my opinion the only thing worse than a staff reduction is a staff reduction poorly done. If layoffs are unavoidable, make sure your own house is in order (staff properly classified, document and compensated, etc.) before proceeding. If a reduction in force is unavoidable, please to be reading these tips on doing it right.

The Art of Laying People Off
Guy Kawasaki, November 18th, 2008

I hope that you never have to lay off or fire people but the reality is that you will, as you advance in your career. If you are scoffing (“Guy, you are clueless: We’ll never downsize, because we’re growing so fast, and I’ll never make a bad hire”), then you’re my intended reader.



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