The Details of Implementation
I mplementing a workforce reduction should only be done after careful planning. What will happen to the people involved in the downsizing process? How will they be affected, both directly and indirectly? What financial resources will be needed? When should you make a public announcement? How much time will you need? Will you have to reassign employees whom you are keeping, in order to pick up the slack? What legal considerations are there? As you begin this process, work out as many of these details as you possibly can. Develop a plan to address the following issues as soon as possible:
Confidentiality. As you begin to develop your downsizing plan, your first consideration must be to protect the confidentiality ...
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