Thought Leaders
8 Effective Tips for Conducting Layoffs
Letting go of an employee doesn't make you a bad person, but it can feel that way. Here are some helpful directives I've found to help conduct the process.
Layoffs | Page 6
Business News
‘I’ll Spend The Rest of My Life Wondering How I Could’ve Avoided These Layoffs’: Real Estate Firms Attempt Damage Control
As the housing market slows, Redfin and Compass have decided to trim their workforces, making cuts of 8% and 10%, respectively.
Business News
Coinbase CEO Says ‘I Am Sorry’ in Memo Laying Off Over 1,000 Employees
Amid economic turmoil, the company laid off 18% of its staff and extended a hiring pause.
Business News
Carvana to Lay Off 12% of Its Workforce, Ignites ‘Mass Hysteria’
The automotive retailer Carvana Co. announced it will be laying off over 2,000 workers, about 12% of its workforce, in efforts to align expenses with sales.
Business News
Peloton Shares Rise After CEO Writes the Company is Considering Layoffs: ‘We Now Need to Evaluate Our Organization Structure and Size of our Team’
In a memo, Peloton CEO John Foley wrote that the company has 'experienced leaks containing confidential information' following reports it was halting production.
Business News
Nearly 2,000 Workers Will Be Laid Off After QVC Distribution Center Catches Fire
Terminations are expected to begin in February.
Thought Leaders
Leading With Empathy Is the Best Way to Avoid a PR Crisis
The recent PR crisis for Better.com is a lesson for all of us on the importance of empathy in leadership.
Business News
CEO Lays off 900 Employees in Shocking Video Call
Better.com has let go of 9% of its workforce.
By Emily Rella
Business News
When Minimizing Was the Only Option
Sometimes we need the hard times to show us what the good times look like.
Thought Leaders
He Asked His Team How to Avoid Layoffs. Their Response Thrilled Him.
Before making a tough decision that impacts your team's future, Gravity Payments CEO Dan Price has a simple suggestion: Ask them for advice. It worked for him.
Thought Leaders
This Program is Vital for Limiting Backlash When You Have to Lay People Off
No business owner likes to do it, but sometimes layoffs are the only option.
By Jolene Risch
Business News
Uber Lays Off Another 3,000 Full-Time Workers
The layoffs come just weeks after 3,700 customer support and recruiting team employees lost their jobs.
Business Operations & Logistics
Should I Furlough? 5 Things Business Owners Should Know First
There are lots of particulars to take into account.
By Desmond Lim
Business Operations & Logistics
4 Tips To Keep Your Business Afloat in a Downturn
It will be nearly impossible for anyone to walk away unscathed, but companies can take steps to mitigate losses.
Business Operations & Logistics
What to Do If You’ve Lost Your Job Because of COVID-19
You're not alone, but there is an action plan.
Thought Leaders
How Getting Laid Off Launched My Career
My journey took me from having $7 in my pocket to making 6 figures.
By Terry Rice
Thought Leaders
Getting Laid Off Is Not a Scarlet Letter
Three tips to surviving the corporate culling.
Business News
Uber Shuts Down Its LA Office and Reportedly Lays Off 80 People
The ride-hailing giant has reportedly culled more than 1,000 workers since going public last May.
By Charlie Wood
Thought Leaders
Difficult Conversations Can Jump Start Company Innovation
The autocratic leader is tolerated when survival is at stake but that style won't build a company over the long haul.
Business News
Apple Lays Off 200 Employees From Autonomous Vehicle Group, Project Titan
Nobody really knows what Project Titan is, and it seems not even Apple really knows following a decision to lay off over 200 employees working on the project.
Building a Business
4 Signs Your Employer Doesn’t Plan On (Ever) Promoting You
Do any of these 'signs' sound painfully familiar? If so, your career might be at a standstill ...
By Lucas Miller
Business News
SpaceX Will Lay Off 10 Percent of Its Staff to Fund Projects
It said it wants to become a leaner company to prepare for the 'difficult challenges ahead.'
Business News
Don’t be the Next Lordstown: How Cities Can Insulate Against Crushing Layoffs
A handful of US cities are developing programs to attract skilled remote workers to diversify their economies. Many more should.
Thought Leaders
General Motors’ Layoffs Present Ample Opportunities for Entrepreneurs
Driverless cars are the future. From software to support production to algorithms to battery technology, companies like yours will be needed.
By Per Bylund
Business News
Tesla Lays Off 9 Percent of Its Workforce
The job cuts are part of a restructuring CEO Elon Musk said was coming earlier this year.
By David Lumb
Business News
Amazon Is Laying Off ‘Several Hundred’ Employees
The pink slips will be predominantly given to workers in the company's consumer retail business, according to The Seattle Times.
Thought Leaders
The 7 Worst Mistakes Companies Make When Laying Off Employees
From mass layoffs via conference calls to withholding vacation payouts and severance, these are the worst tactics I've seen.