A Compassionate Approach to Layoffs
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Layoffs can be a necessary response to economic downturns, yet they can create long-term challenges that outweigh their immediate financial benefits. When conducting layoffs, organizations should aim to do so compassionately and only as a last resort. Before resorting to layoffs, there are several different strategies organizations can try to reduce financial strain without workforce reduction.

Layoffs can be a necessary response to economic downturns, yet they can create long-term challenges that outweigh their immediate financial benefits. When conducting layoffs, organizations should aim to do so compassionately and only as a last resort. Before resorting to layoffs, there are several different strategies organizations can try to reduce financial strain without workforce reduction.

Authors

Robin Erickson, PhD

Robin Erickson, PhD Robin Erickson, PhD

Head of Human Capital Research
The Conference Board

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Matthew Maloof

Matthew Maloof Matthew Maloof

Researcher, Human Capital
The Conference Board

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