Tag: reductions in force

Tips for Minimizing Risk When Cutting Labor Costs

by Mark Wiletsky Although we’re beginning to see signs of an economic recovery, many organizations are still grappling with how to stay competitive in this challenging environment. Layoffs, furloughs, and other methods used to cut personnel costs are often part of the equation. But the savings gained by those cost-cutting measures can be lost if […]

Downsizing: Plan Ahead to Avoid Trouble

by Gary Fealk Downsizing can be an effective strategy for building a more efficient organization going forward. But it can also lead to legal liability and may not accomplish the desired cost savings unless an employer implements a carefully considered plan. HR Guide to Employment Law: A practical compliance reference manual covering 14 topics, including […]