Increasing reports of a looming economic recession suggest U.S. employers will soon be facing a more difficult financial landscape. Some employers are already taking steps to plan for a potential downturn by making structural workforce adjustments or preparing contingency plans to make such adjustments. With these types of significant workforce decisions heating up, now is the time to review and update your approach to conducting a Reduction-in-Force (RIF). If you anticipate a RIF in your company’s future, consider incorporating the following recommendations.
In summary, take the time to do a reduction in force the right way. Looking for alternatives to a RIF? Stay tuned for our next blog post.
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