Purchasing Resources for Managing Layoffs And Downsizing
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Anyone who has ever had experience with any type of management knows that it is a trying task to support the company, and employees, while meeting the needs of all. Especially in these trying economic times with so many people struggling to stay employed, managers and management teams have no choice but to downsize companies and departments in many cases. The decision to layoff and downsize is a difficult one that must be seriously considered and then implemented as painlessly as possible to the employees who are to be laid off as well as the ones that remain. Managing layoffs and downsizing requires a seasoned management staff with the company's best interest in mind.
One of the first things that have to be considered before a series of layoffs is the effect on the company. In some cases the loss of experience and benefits from the employee isn't worth the money saved in their salaries and benefits. If layoffs are inevitable, properly managing layoffs and downsizing should be done with dignity and compassion for all involved. There are several resources available for human resources professionals who find themselves in a position of laying off fellow employees. These guides can help you learn the best techniques for downsizing your company.
Consider the resources listed on the left of the page for more information.