Comments on: Confessions of a man who does the layoffs
It's easy to vilify the guy who hands out the pink slips. But contrary to popular notions, these aren't decisions that are taken lightly, at least with the executive we interviewed.
It's easy to vilify the guy who hands out the pink slips. But contrary to popular notions, these aren't decisions that are taken lightly, at least with the executive we interviewed.
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- by skmurphy January 10, 2009 6:02 PM PST
- An interesting perspective. I have been involved in layoff planning and execution as a manager and have always experienced a profound sense of personal failure for having to let folks go. I am not troubled when they are not performing, but I find it deeply troubling to hire someone and have to lay them off. I was struck in the round of layoffs in the last six months of 2008 (which now look to continue into 2009) that very few companies were using temporary salary reductions to manage what appears to be a temporary economic situation for many companies. A number of CEO's have taken a token salary and had the management team take salary cuts deeper than the rank and file to help minimize the depth if not prevent the need for layoffs.
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