How to handle layoffs with compassion and transparency

Highs never last. Lows seemingly never end. In the business world, this is where we find ourselves, trapped somewhere between the economic boom of the previous half-decade, and the doomsday scenario of a global recession as predicted by some economists.  COVID-19 changed everything, both in business and in our daily lives. For some, the change wasn’t all that dramatic: a slight pay cut perhaps, or the move to working from a home office. Others weren’t so fortunate. Since the start of the pandemic, the United States alone shed some 20.5 million jobs. It gets worse.  According to the United Nations,…

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