Layoffs are challenging for all parties, but the company’s success depends on how its leaders navigate the uncertainty and keep their remaining workforce engaged. One study found that even a 1% downsize can result in a 31% increased turnover rate. So, how do you re-engage your employees and avoid the mass exodus that often accompanies […]
The traditional notions of leadership are being challenged. The Bureau of Labor Statistics data reported a 10% increase in layoffs from 2022 to 2023. The start of 2024 looks to be following the trend. Fox Business reports major companies in all sectors are preparing for a reduction in force (RIF). When navigating these choppy waters, […]
Approach Change with a Clear Focus on Employee Compassion, Respect and Enablement Every organization experiences change, particularly in today’s unpredictable climate. Whether that be shifts within the employee layout of your organization to the hiring of new employees all together, transforming your organization can, and should be, performed with a clear focus on employee compassion, […]
