Workforce Restructuring: Supporting Employees While Protecting Organizational Reputation
Introduction Workforce restructuring is one of the more difficult responsibilities an organization may face. Businesses may restructure because of changing market conditions, declining demand, mergers and acquisitions, technological transformation, operational changes, financial pressures, or a shift in strategic direction. Whatever the reason, restructuring affects more than organizational charts and headcount. It affects people. Employees may […]
Why Outplacement Support Is More Than a Severance Benefit
Introduction When organizations reduce their workforce, the conversation often focuses on severance. Severance is an important part of an employee transition, but it addresses only one dimension of what happens when someone loses their position. For the employee, a job loss can raise much larger questions: What happens next? How do I reposition myself? What […]