January 10, 2025
HR Executive recently published an article co-authored by Fred Foulkes, Professor Emeritus of Management and Organizations, discussing the importance of employees across all generations feeling cared for by their employers, especially during difficult times like layoffs.
To protect a company’s reputation, reduce turnover, and boost employee morale, organizations should adopt a more compassionate approach to layoffs. This involves carefully evaluating the necessity of layoffs, handling them with empathy, and providing ongoing support to remaining employees.
“Ultimately, surviving employees will provide the innovation, superior customer service and healthy corporate culture that will drive success and serve to attract and retain top talent,” Foulkes add.
By adopting these practices, companies can protect their reputation, retain top talent, and maintain a positive workplace culture.