How to Leverage Accountability Before Firing an Employee

The tough decision to let go of an employee is especially scary right now with so much uncertainty in the business world, but truth be told, it has always been intimidating. As someone who has done my fair share of firing professionals for the wrong reasons, I know all about the loss of sleep leaders experience over human capital decisions. 

The current Covid-19 pandemic has caused many organizations to reduce expenses and resulted in millions of people being laid off. While this is understandable, evidence suggests that the immediate savings from layoffs can be canceled out by the longer-term cost of lost talent and skills. Since each organization’s situation is different, a lack of revenue might leave leaders with no viable choice other than layoffs or furloughs.  

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