When I was laid off, I had known it was coming for months before it happened. The anticipation was painful (to say the least!).
The day it happened my bag was packed and my laptop was ready to turn in. My boss was shocked when he came to speak with me and noticed I already had my jacket on.
First, I wondered why he was so surprised by my preparedness - all the signs were there: projects put on hold, budget cuts, hiring freezes, whispers.
Then I wondered if the organization was aware of the toll this impending doom was taking on employee productivity.
You may think your employees are unaware, but many will know layoffs are coming. It's brutal for them and for the business.
Restructuring is a necessary evil, but it doesn't have to be THIS excruciating.
Here are some strategies for making the process of layoffs as painless as possible for your organization:
MOVE QUICKLY: Fast enough to avoid the unnecessary pain of prolonged uncertainty, but not so quickly DE&I and business operations are compromised.
PROVIDE WORKING NOTICE: Okay, I get a LOT of pushback on this one, but the alternative is the "Amputation Approach" to layoffs, and the immediacy of this approach will live with your employees who are left behind for months, even years.
EMPOWER EMPLOYEES: Our well-being is crushed when we feel a lack of control over our own outcome. Give people as much information as possible leading up to the layoff to make an informed decision and to be proactive.
RUN HUMANE LAYOFFS: Prepare thoroughly for layoff discussions, speak with employees 1:1, depersonalize the layoff by offering references, and provide outplacement support (you’re welcome to DM me for details about First30’s outplacement program).
What are some additional considerations for businesses that are restructuring?
What was your experience during a layoff?
I’d love to hear your thoughts!
#layoffs #restructuring #RIF #outplacement