As economic fallout from the pandemic mounts, greater numbers of companies are facing the possibility of having to reduce their workforce. This is often a last resort after organizations have exhausted other options such internal mobility programs and redeployment initiatives to avoid letting go of valued employees. And while the best time to prepare for these moments is well ahead of them happening, the truth is that many companies are not prepared. They don’t have a plan in place, and even for the one’s that do, many in the HR ranks may have not experienced large-scale layoffs in the decade of prosperity since the Great Recession. Add to this the complexity of handling layoff notifications remotely.
The well-being of your employees and your employer brand and reputation are at stake depending on how you handle this situation. Learn the steps to take when getting ready for a layoff in the webinar “Preparing for Workforce Changes: Managing a Layoff.” You’ll gain best practices for planning, communicating and managing your force reduction; how to handle virtual notifications; and pitfalls to avoid. We’ll also explain how outplacement services can help departing employees find their next roles faster, maintain the morale of remaining employees and safeguard your company's reputation.