The statistics are staggering – unprecedented job losses, highest rate of unemployment since the Great Depression, billions of dollars lost.
Few, if any, organizations have been unaffected by the economic turmoil we’ve faced over the last several months. Countless organizations, including Bear Stearns, Merrill Lynch, Lehman Brothers, Circuit City, Linens-N-Things and Wachovia, have ceased to exist or are in the process of liquidating or selling their operations altogether. Many others have been – or will soon be – forced to reduce headcount as part of an overarching cost-cutting initiative. At an absolute minimum, consumers and businesses alike are closely monitoring their spending and carefully considering ways to reduce costs at every corner.
Whether your organization is looking for ways to reduce people-related expenses, considering layoffs en masse or dealing with the aftermath of having laid off a portion of your workforce, this webinar will offer creative ideas and practical guidance to ensure your organization is well-positioned not only to survive, but to capitalize upon growth opportunities that will surely arise when our economy begins to recover.
TalentQuest’s president, Kevin Sessions, and advisor Jim Balkcom will discuss creative ideas for reducing people-related costs. They will share practical guidance for effectively managing layoffs in a way that preserves current productivity levels, prioritizes employee consideration and communication, focuses on financial stability, and ensures you have the knowledge, skills and resources needed to succeed in the long-term. Finally, they will discuss ways to manage and motivate remaining employees following a reduction in workforce and ensure they remain engaged.