Practical HR Tips, News & Advice. Updated Daily.
While businesses typically take extensive steps to avoid layoffs, they’re unfortunately part of the business life cycle. As the United States has had a recent uptick in layoffs across various industries, employers should be aware of the potential impact to their permanent residence (green card) immigration programs. The PERM (or labor certification) application is one […]
The growing importance of artificial intelligence (AI) has the potential to fundamentally disrupt the labor market, but not necessarily or always in the way most casual observers might assume. While AI and other technologies always have the potential to displace human workers, in many (if not most) cases, the motivation is actually to complement human […]
Layoffs are a key tool in the corporate cost-cutting toolkit. While popular culture may demonize staff-cutting executives as corporate boogiemen laughing with joy as they hand out pink slips (Elon Musk comes to mind), the truth is nobody enjoys layoffs. Business leaders are people too, and they understand the pain cutting jobs causes, especially cutting […]
As businesses brace for the likely recession, HR teams have additional responsibilities. For many small to medium businesses, the economic downturn means layoffs will inevitably come into play. For HR teams, layoffs require additional responsibility and work and can be incredibly stressful for the entire team. To ensure business productivity continues despite the layoffs, HR […]
Layoffs are an unfortunate necessity for companies of just about any size and in any industry, particularly during economic change or downturns, like right now. Not surprisingly, most teams struggle with maintaining morale in the wake of downsizing. However, it is possible to maintain and even continue to grow your company’s workplace culture health in […]
2023 is not just another year of disruptions. It’s a year in which business and HR leaders must play defense and offense at the same time. This means performing a realistic appraisal of the current situation—inflation, recessionary concerns, and geopolitical instability—and making defensive adjustments to the business that may involve cutting back on staff. At […]
The last year and a half has brought unusual mass movements of people leaving and entering the workplace. Trends have included record breaking resignations, quiet quitting, and most recently, layoffs across industries including tech, financial services, food and beverage, and media. These shifts have led anxious employees to the latest trend of “career cushioning” – […]
Whenever there are mass layoffs, organizational PR teams scramble to find a spin on the announcements. HR professionals fumble the exit planning. Leaders butcher the communication. It is bound to happen. What I wish we would do more of is think about how organizational culture can lead to improved performance and perhaps help us avoid […]
It’s no surprise that employee confidence has been shaken with the recent spate of corporate layoffs nationwide. Indeed, 31% of professionals responding to LinkedIn’s Workforce Confidence Survey are now concerned about their companies cutting budgets or staff. Their anxiety should be a wake-up call to HR and corporate leaders whether or not they have a […]
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 […]