Recently, both the Dow and the unemployment rate almost simultaneously broke historical milestones, one good (Dow 10,000) and one bad (unemployment 10%). The lock step ascent of these two metrics has continued since the beginning of ...READ»
Last week we heard from Scott Jones, a senior executive who is grappling with how to respond to an uneven recovery in his business. A year ago in the heat of the economic downturn, Jones’ company used organization wide salary ...READ»
As follow-up to last week’s post, “One Year Later: Next Stage of Flexible Downsizing Post-Recession, Pre-Recovery,” I interviewed Scott Jones*, a senior executive at a national architecture, engineering and construction company ...READ»
A year ago, the economic downturn was in full gear. As layoffs gained momentum, I loudly promoted a more flexible approach to downsizing as an alternative to knee jerk job cuts. If executed correctly and ...READ»
Since February, 2008 when I first encouraged companies to consider using flexibility—reduced schedules, furloughs, sabbaticals, additional unpaid vacation days, job sharing and contract-based work—as an alternative to layoffs, ...READ»
DISCLAIMER--This information does NOT constitute legal advice.
Over the last few months as I’ve blogged about making flexibility part of a downsizing strategy, I’ve received a number of questions about the legal ...READ»
Last week I discussed the ways in which market pressures reward layoffs, discouraging more creative approaches to corporate downsizing. I believe that market pressure is a main motivation behind the immediate jump to ...READ»
