127. Oh Shit! Layoffs: Best Practices and Preserving Company Culture

Get ready to dive headfirst into a topic that every new boss or seasoned leader must face: layoffs. It's a tough subject, but it's one that we can't avoid. So, let's get right into it!

I share invaluable insights on layoffs and their impact on both employees and your company's culture. We'll discuss the importance of delivering layoff notices with the right timing and responsibility, considering the legal requirements and ethical considerations that come into play. I explain why leaders need to step up, have those uncomfortable conversations early, and avoid procrastinating until the last minute.

We explore how layoffs can affect your company's culture and why treating laid-off employees with respect and giving as much notice as possible is crucial for long-term cultural health. I'll even discuss a somewhat controversial strategy I believe in – laying off as many people as necessary to restructure a company and avoid multiple waves of layoffs, even if it means facing some short-term criticism. Trust me; it's all about ensuring long-term success!

Toward the end, I dive into communication strategies and HR compliance. You'll learn the art of being direct and concise during layoff meetings, sharing the why and how behind the decisions without overwhelming your employees with too much information. Plus, I'll stress the importance of timely and thoughtful follow-ups to support your team during these challenging times.

Let's dive in together and ensure you're prepared to tackle the leadership challenges that may come your way!

What you'll hear in this episode:

[0:00] Jackie's experience dealing with laying off team members with empathy.

[3:25] Layoffs and their impact on employees.

[7:50] Notice and communication strategies.

[12:45] How layoffs can impact the company culture.

[16:55] Communication and HR compliance.

Listen to Similar Episodes:

You Need To Fire an Employee… Now What?

Tough Conversations and Effective Communication: Insights from Lori Harder

How to Fire Somebody (The Right Way) with Karly Wannos

* Connect with me on IG @jackie.koch_

* Find more information on my website https://www.jackiekoch.com/