Companies are facing hard decisions that most often impact the workforce. In today’s economy, layoffs are a complicated yet frequent occurrence due to mergers and acquisitions, downsizing and re-alignment. It’s never been a more important time for employers to consider outplacement for displaced employees.
If you are an employer, careful planning and flawless implementation are required to prevent erosion of the business, as well as the organizations standing in the community.
For displaced employees, high levels of unemployment leave many feeling that they have few options for alternative employment or that their careers have been derailed.
Uncertainty levels can rise significantly, and productivity levels may decline considerably for those remaining employees.
The bottom line: these situations can leave many individuals, whether leaving or staying, with a sense of frustration, fear and anxiety.