When the economy is negatively influenced by factors beyond any organization’s control, the impact can be felt almost immediately on the bottom line. This decline in revenue as a result of a weakening economy will force organizations to reconsider every dollar they spend to help secure long-term viability of their organization.

To determine where costs can be reduced, or if an organization is forced to close, the costs associated with your workforce will have to be considered. Laying off employees may be the only option.

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The Complete Manual for COVID-19 Layoffs

Ensure executive leadership and managers have the direction on best-practice tactics to effectively manage layoffs.

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