or anyone's “fault.” Maybe they got a new dream job. Or needed to move away to be closer to family, or because of a spouse’s new job. Or they could have decided the company they work at today is too different from the one they joined (common for early stage startup employees ...
Depending on the termination circumstances, consider offering recommendation letters to terminated employees to help them find new employment. This can be an excellent way to end things amicably, especially for team members who are let go because of downsizing or layoffs. The Don’ts Don’t dismiss...
In any organization, leadership occasionally needs to make company-wide announcements for a number of reasons. These can be anything from good news about employee and company achievements to less welcome updates related to policy changes, cutbacks and even layoffs. Whenever news needs to be shared,...
How do you announce budget cuts, layoffs, salary decreases or benefit reductions and still keep your employees motivated?The answer is to deliver bad news in good ways. Here are some tips on doing just that. Don't undercut your authorityDon't undermine your own authority when you deliver ...
The research indicates employees' reactions to layoffs are affected by their perceptions of fairness. Organizations can significantly reduce the emotional effects layoffs have on their employees, the researchers found, if they announce staff cutbacks in a transparent and sensible way and show concern fo...
Turnover and attrition refer to a similar phenomenon. The word “turnover” is usually used to refer to employees leaving roles that the employer intends to refill after they leave, whereas attrition refers to the loss of employees whom you do not intend to replace. Attrition doesn’t happen...
Affected employees may have a harder time finding work now compared to those who went through layoffs last year. Continued jobless claims have been rising and hit 1.93 million in the week ended Nov. 18, according to the Labor Department. It’s thehighest rate in about two...
intimidating and it’s humbling. I was responsible for 100,000 employees and 200 million customers a year, and I asked myself, ‘How did I get here, and did the board make the right decision?’ These are things you won’t ever admit publicly but internally you have to wrestle with.”...
For good measure, you should allow for a question-and-answer session after you announce most big news. Taking suggestions for how to improve the situation makes employees feel engaged in the process, Javitch says. You can ask: "What would you do in my shoes?" ...
Daliana Liu is a big name in data science teaching, and she has always been generous in sharing everything she knows about getting a job in data science. In this episode, she continues to extend her generosity, helping listeners define their approach to