Tag: employee layoffs

The Great Layoff: How the Hourly Workforce Can be Saved

With organizations across the country scrambling to cut costs amid economic uncertainty – from halting partnerships with third party vendors, to reducing employee headcount – the concern is palpable as employees work to determine what it all means for their financial wellbeing. In Q1 2023 alone, U.S.-based companies cut more than 270,000 jobs, a nearly […]

5 Ways to Put the ‘Good’ in Goodbye

My former employer, Oscar-winning actress Olympia Dukakis, used to say that every job ends sometime. Of course, she was right. And when that day comes, we all hope it will be our choice and not our employer’s. We also would like to see it coming rather than being blindsided. After all, no one starts a […]

Engaging Your Employees After Layoffs

Recent headlines have proclaimed massive layoffs in multiple sectors. Amazon, Meta, and Twitter have made significant cuts to their workforces, as well as Morgan Stanley and Goldman Sachs. Layoffs can strike fear into the hearts of all workers, not just those who have received word their positions have been eliminated. As a result, they may […]

Navigating Layoffs: What’s Next?

It’s been a stressful time for U.S. workers, with significant layoffs being announced at high profile tech companies including Twitter, Meta, and Amazon. According to experts, losing a job is not only one of the most emotionally traumatic experiences a person can go through, but also affects those who are not laid off in downsizing […]