Tag Archives: Layoffs

Are Layoffs Coming To Your Company?  Use This Checklist To Find Out (A comprehensive checklist of the warning signs of a pending layoff at your organization)

It’s better to be prepared than surprised, so track the warning signs of your upcoming layoff. It’s important to realize that in today’s volatile business environment, each week, large-scale layoffs are becoming increasingly common. And unfortunately, the current ones can occur with little formal notice to the impacted employees (Note: the recent “one day notice” to Twitter employees for a …

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The Quality Of The US Talent Pool Is At A Record High… So Start Cherry Picking Exceptional Talent

Experts seldom mention the quality of the available talent pool, even though it’s at record levels. Yes, because of large-scale layoffs. The amount of highly qualified talent that is currently available to recruit is now at its highest level in memory. And those that follow business trends already know that this record volume of available quality candidates recently got a …

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Talent Hoarding – Can Reduce The Huge Hidden Costs Of Layoffs (A surgical approach for identifying those to be released)

Shareholders should be outraged when their execs use broad layoffs, which have a painfully low ROI. In fact, along with M&A actions, a large-scale layoff may have the most disruptive business impacts of all talent actions. So as an alternative, I recommend a “gradual and surgical release” alternative approach, which can reduce labor costs without disrupting workforce productivity. You might …

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Alert For An Exceptional Talent Opportunity… Target Elite Firms That Are Currently Undergoing Layoffs (Job security is becoming a major attraction factor, so why not poach at Twitter?)

Targeting struggling firms allows you to hire exceptional talent that now seeks greater job security. Yes, during a time when talent opportunities have been quite rare, there is suddenly a recruiting opportunity that shouldn’t be missed. This opportunity now exists because a significant number of elite but temporarily struggling firms, including Google, Tesla, Microsoft, Coinbase, Netflix, Starbucks, and Warner Bros., …

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The Downturn Is Coming – So Monitor These Factors That Predict Upcoming Layoffs (A checklist for predicting when layoffs will occur at your company)

Minimize your own “employment insecurity issues by predicting when your company will lay off. A smart employee knows what to look for and, with little effort, identifies the many warning signs that reveal when a layoff plan is receiving serious consideration. And with early warning, the employee will have enough time to take the necessary actions to help minimize any …

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The Downturn Forces These Strategic Pivots In Recruiting

I argue that “rigidity during changing times leads to catastrophe.” Today’s changing business environment requires every recruiting function to avoid rigidity by making several pivots. Pivots are situations where you dramatically shift your tools, goals, and direction by as much as 180°. In my view, TA has no choice but to respond to the numerous shifts in business, health, and …

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Maintaining Morale and Productivity During Layoffs

The uncertainty caused by layoffs can impact both companies and employees in many ways, most of them negative. During large-scale layoffs, morale and productivity can plummet. Even more importantly, it’s common for firms to lose their focus on the customer. If a firm is to avoid the need for future layoffs, HR must be proactive and anticipate all major morale …

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