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Layoffs are being announced daily in response to worsening economic conditions. Terminating staff – especially good staff – is one the hardest things an IT decision maker will ever have to do. This research note discusses strategies for making layoff decisions within a short time frame. Coverage includes:
- Where staff fall on the cost-cutting priority list.
- The hard truth about what motivates layoffs in the first place and the role IT leadership must play.
- Two case studies of enterprises that made deep staffing cuts and survived.
- Key steps to take when deciding who needs to be cut.
Given the current economic environment, many IT shops will face layoffs within the next six to twelve months, some may even be facing them today. Regardless, when the order to cut back arrives, there won't be much notice – actions must be quick and decisive.
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1 Comment
My doctor says, "Unfortunately every medicine is actually a poison to the body." In other words, I think it needs to be highlighted to take this prescription if the patient is sick as you cut out muscle and leave fat around cancers in situations where you are trying to survive--not in situations where you are trying to get in better shape. So be sure to discern if you are going to use this bromide because your organization is dying or getting in shape because of the economy.