The Dreaded Downsizing: 5 Tips for Managers

It’s probably your least favorite task as a manager or human resources professional. But there are ways to minimize the unpleasantness associated with layoffs.

It’s nice to be on this side of the Great Recession that began last decade. Companies were shedding jobs so fast and furiously that it was a luxury to have time to cushion the blow that hit both those employees who were laid off and the “survivors.”

DownsizingBut even in a good economy, downsizing isn’t that uncommon. Businesses reduce their payrolls for a variety of reasons all the time. Whether it’s due to an ongoing cash flow problem, a merger or acquisition, or a reduction in products or services, all companies that must downsize have one thing in common: the tremendous challenges involved in orchestrating the layoffs and dealing with the emotions and changes in workflow for those who remain.

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