Tag Archives: Layoffs

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 …

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, …

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 …

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 …

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 …