The stock market has taken major hits in the last weeks due to the effects of the coronavirus, which has economists discussing just how bad this downturn could get. In fact, some experts say the U.S. is already in a recession—or is soon to be in one. How can you...
Layoffs can take a toll on anyone, regardless of whether you’re the person delivering the news or the one receiving it. Anxiety rises on both sides the moment the decision is announced. While it may be difficult to remove all of the discomfort from the situation, HR...
Communicating a layoff is often a complex process. Many questions have to be answered before the news even goes out: Should you send out an email notice to all employees, or create personalized notices just for the affected employees? Should you send out the notice...
Employer brand plays an increasingly important role in the social media age. Customers often read reviews about a company, as well as its products and services, on Facebook, Yelp, and Amazon before making their buying decisions—which has made businesses sensitive and...
What is the best way to let employees know a layoff is coming? For most organizations of size, a layoff memo—also known as a layoff notice—is an important part of the communication. A memo can inform all members of the organization of the news at the same time,...
