When the economy is negatively influenced by factors beyond any organization’s control, the impact can be felt almost immediately on the bottom line. This decline in revenue as a result of a weakening economy will force organizations to reconsider every dollar they spend.
By following our process, we can provide your organization with the direction, tools, and best practices to lay off employees. This will need to be done with careful consideration into your organization’s short- and longer-term strategic goals.
Besides the small introduction, subscribers and consulting clients within this management domain have access to:
Understand the most effective cost-cutting solutions and set layoff policies and guidelines.
Develop an objective layoff selection method and plan for the transfer of essential responsibilities.
Plan logistics, training, and a post-layoff plan communication.
Collaborate with necessary departments and deliver layoffs notices.
Plan communications for affected employee groups and monitor organizational performance.