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Human Resources Blog

By Susan M. Heathfield, About.com Guide to Human Resources since 2000

Got the Layoff Blues?

Wednesday November 12, 2008

This is hardly a chipper fall for employers or employees. Layoffs in the U.S., not to mention the rest of the world, stand at a fourteen year high of 6.5%. That’s a lot of sad people who are viewing their future prospects with concern, if not despair. In an economic climate during which employers are compelled to downsize, how they approach downsizing impacts the successful job searches of the downsized employees.

It also affects the ability of the employees who remain employed to adjust and move forward. Most importantly, their perception of how their exiting colleagues were treated, will profoundly affect their view of the company, their feelings of security at work, and their motivation and morale. You have an opportunity to do layoffs well.

More About Layoffs and Downsizing

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