Comments on: Case Study: Layoffs http://evarykr.com/2009/03/case-study-layoffs/ Thu, 22 Mar 2012 04:36:42 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: HR Good_Witch http://evarykr.com/2009/03/case-study-layoffs/comment-page-1/#comment-30 HR Good_Witch Sat, 21 Mar 2009 19:26:00 +0000 http://evarykr.com/2009/03/case-study-layoffs/#comment-30 Good case. I like your approach. I would avoid lay-offs as much as possible, given that that key strategy is service. That's all about capable, engaged staff. Business results are already down. Stressed, beat-up, and overworked staff won't help. Things will spiral down.<br/><br/>For sure, it is a time to ensure that everyone is contributing, but not large numbers of departures. <br/><br/>I'm still stuck on all that cash in the bank. Let's revisit the importance of keeping it for some future acquisition. The way the company is going, acquisitions are not in the foreseeable future. Trim expenses, trim the price points, let profits fall off, drawn on cash in bank. Rally the troops. Squeak by, build customer and employee loyalty and get through the rough spot.<br/><br/>... But, aw heck... I dunno...! Good case. I like your approach. I would avoid lay-offs as much as possible, given that that key strategy is service. That’s all about capable, engaged staff. Business results are already down. Stressed, beat-up, and overworked staff won’t help. Things will spiral down.

For sure, it is a time to ensure that everyone is contributing, but not large numbers of departures.

I’m still stuck on all that cash in the bank. Let’s revisit the importance of keeping it for some future acquisition. The way the company is going, acquisitions are not in the foreseeable future. Trim expenses, trim the price points, let profits fall off, drawn on cash in bank. Rally the troops. Squeak by, build customer and employee loyalty and get through the rough spot.

… But, aw heck… I dunno…!

]]> By: Erica http://evarykr.com/2009/03/case-study-layoffs/comment-page-1/#comment-27 Erica Fri, 20 Mar 2009 17:52:00 +0000 http://evarykr.com/2009/03/case-study-layoffs/#comment-27 This is really interesting! Thanks for laying it all out. This is really interesting! Thanks for laying it all out.

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